How To Deal With Debt Collection Agencies In Canada 2023

debt collection agencies in canada

In Canada, there are laws that govern how a debt collection process should be fairly performed. In this article we’ll summarize the process that you, as a debtor, can expect if you live in Canada and know your rights while dealing with a debt collection agency.

What Is Credit History and How to Manage It?

credit history

Your credit history describes how you used credit, both good and bad. How many credit cards and loans you have? How high are your balances? Do you pay your bills on time? It’s frustrating for people to learn that they can’t control their credit score, but what you can control is your credit behavior.

Do You Need to Consolidate Your Debt?

debt consolidation

With the COVID-19 Pandemic ongoing, you don’t need any more stresses other than what the pandemic has created. However, if you are mired in debt that resulted from the pandemic, this can add to the numerous strains you have.

Four-Fold Practices for Debt Consolidation in Canada

Debt Consolidation Ontario

The idea of debt consolidation in general is that it provides you the relief that you want after all the debts you may have incurred over the years. Debt Consolidation is the life-saver that you will need after drowning in a sea debt.