Denied Debt Consolidation Loan
Credit Counselling Society Can Help
Phyllis is 65 years old, works full-time and lives in the Vancouver area with her husband, Joe. Over the years, Phyllis enjoyed buying gifts for her children, helping friends in need and paid for living expenses using credit. With retirement just around the corner, Phyllis realized that she owed $85,000 on 11 different credit cards, all of which Joe didn’t know anything about.
Phyllis was under a great deal of stress as she no longer wanted to keep her debt a secret from her husband but she was struggling to find a solution. She contacted her bank to ask for a consolidation loan but they were unable to help her. Instead, they referred Phyllis to the Credit Counselling Society.