What are the Dangers of Using a Line of Credit or Bank Overdraft to Consolidate Debts? Using your line of credit for debt consolidation or your bank account overdraft are two of many ways to consolidate debt. They are revolving forms of credit, which means that you...
Use Home Equity to Consolidate Debts, Refinance Your Home, Get a Second Mortgage
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Use a Debt Management Program to Get Out of Debt
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Become Debt Free with a Debt Settlement, Consolidate Debt
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How Does a Consumer Proposal Consolidate and Settle Debt?
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Helping Employees Who Are Struggling with Financial Difficulties
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Debt Consolidation – Borrowing Money
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Debt Consolidation Company Review
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Credit Counselling Society Opens New Office in Ottawa, Ontario | Canada | Review
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Credit Counselling Society Recognized as One of Canada’s Best Places to Work
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5 Tricks to Keep Your Cash Safe from Yourself | How to Control Spending
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How to Give When Money’s Tight
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How to Avoid Freedom 85 – Tips to Retire Debt Free
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How to Turn New Year’s Resolutions into Results
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How to Keep Your Resolution to Shed Your Debt Weight & Get Out of Debt
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Christmas Budgeting: It’s Not Too Late
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How to Get a Better Handle on How You Use Credit
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How to Weather the Financial Storms of Life | Preparing for Financial Problems
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Checklist for Snowbirds Heading South
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How to Deal with Financial Infidelity
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Is Your First Credit Card Getting Out of Control? Here’s How to Get Yourself Back on Track
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How to Get Out of Debt Quickly – for Those Nearing Retirement
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Before Interest Rates Rise, Take Steps to Get Out of Debt
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How Credit Counselling Can Help You Get Out of Debt
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What to Think About Before Buying a Vacation Home
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How to Help Friends Who Need Help with Their Financial Problems
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Canadian Debt Settlement Bureau Is Not Real | Review
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How to Plan a Vacation on a Budget
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The Cost of Living is Increasing – How to Protect Yourself from Inevitable Higher Costs of Living
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How to Find a Trust Worthy Debt Help or Debt Settlement Organization
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How to Repay Back Taxes, Pay the Bills & Get Your Finances Back on Track
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Should You Invest of Pay Off Debt? Try a Balanced Approach
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How to Decide if Bankruptcy is Your Best Option to Debt Problems
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What a Teen Needs to Know Before Buying Their First Car
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What is the Best Thing to do with Your Tax Refund
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Medical Debt – Turned Down for Debt Consolidation Loan | Can Your House Lend a Hand? Here’s What You Need to Consider
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Save Money with a Family Budget – Staycation Ideas for Spring Break
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Debt Settlement Companies – Attractive ads sound great. Why not go for it?
Debt Settlement Companies - Attractive ads sound great. Why not go for it? Q: I keep hearing and seeing ads from companies that claim to be able to settle your debts for a lot less than what you owe. I’m up to date on my bills but if I can get out of debt for less...
Why Save Money When Interest Rates Are Low?
Line of Credit Rates - Why Save When Borrowing is Cheap? Q: A friend of mine was giving me a hard time the other day. I wanted to delay my travel plans until I had saved up most of the money I needed, rather than use my line of credit to finance our vacation. His...
Valentine’s & Holiday Debt Can Kill Those Lovin’ Feelings: How to Make Valentine’s Day Special Yet Affordable
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Saving Money – What Would Your Community do with an Extra Million Dollars?
Saving Money - What Would Your Community do with an Extra Million Dollars? A major TV network is looking at producing a reality TV show that aims to help people get out of debt, save money, build a stronger community and liver their best life. We support initiative...
Financial Management & Planning for the Future | What Does a Groundhog Know About Money?
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Car Debt – High Interest Rates | What to Watch Out for with New Car Ads
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What do the New Mortgage Rules Mean—in plain English?
What do the New Mortgage Rules Mean—in plain English? At the beginning of this week, the federal finance minister announced some changes to Canadian mortgage rules, but you may still be wondering what all these changes really mean and how they may impact you. Here’s...
Are You Tired of Being the Family Bank & Lending Money to Relatives?
Are You Tired of Being the Family Bank & Lending Money to Relatives? Q: I'm one of three kids in our family and I seem to be the one who repeatedly lends money to my siblings, and occasionally to other family members. I am fortunate that I can afford to do so, but...
Save Thousands of Dollars by Tackling Your Credit Card Debt
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How to resolve fighting over money: look below the surface
How to resolve fighting over money: look below the surface Q: My partner and I fight about money all the time. She's a spender and I'm a saver. She says I'm too controlling about money and no fun, and I think she's too frivolous with money and doesn't care about our...
How to Manage Your Money the S.M.A.R.T. Way
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Should you buy your next big screen TV in Canada?
Should you buy your next big screen TV in Canada? Q: My best friend and I have a bet going this year on who can get the best deal for a 50-inch, flat-screen TV. I bet him a large coffee that I could get my TV cheapest in the U.S., and he thinks that he'll get a better...
7 Steps to a Great Credit Score
7 Steps to a Great Credit Score Have you ever wondered if only rich people have awesome credit scores? Wonder no longer. The truth is you don’t have to be rich to have an awesome credit score. You just have to learn to live within your means. The ironic thing is that...
Debt Settlement Companies: The Good, The Bad and The Ugly
Debt Settlement Companies: The Good, The Bad and The Ugly Q: I heard an ad for a company. They said that they can settle my debt for much less than what I owe and I can get out of debt faster. When I called them, they also said that after I’m done, I can easily...
What Debt Settlement Companies Don’t Tell You
What Debt Settlement Companies Don’t Tell You Last week we heard an American debt settlement company advertise on a Canadian radio station. In their radio ads, this company said it could help people who are struggling with debt, but they never mentioned the name of...
This made our day: people tell us how we’ve helped them with our non profit debt relief
This made our day: people tell us how we've helped them with our non profit debt relief Like so many of you, all of us at the Credit Counselling Society work hard every day. The only difference is that we get to help people solve their debt problems, provide debt...
Don’t let your worst financial fears become your reality
Don't let your worst financial fears become your reality Q: I am a mature woman and I've just got divorced for the second time. My children are on their own. Money was an issue during my first marriage, and I didn't realize how big an issue it was in my second...
How Blended Families Can Prevent Fighting About Money
How Blended Families Can Prevent Fighting About Money Q: My spouse and I are both in our second marriages and we share custody of our kids from our previous relationships. We're committed to making this work, but part of building our new life together is figuring out...
Could You Survive Missing a Paycheque? A new survey says 60% of Canadians couldn’t
Could You Survive Missing a Paycheque? A new survey says 60% of Canadians couldn't Last week the Canadian Payroll Association released a survey which showed that 6 out of 10 Canadians would be unable to meet their financial obligations if they only missed one...
Spender vs. Saver: What to do when you and your partner don’t see eye to eye
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Why Is a Good Credit Rating So Important for Our Finances?
The Importance of a Good Credit Rating Q: I'm having a hard time getting my son to understand the importance of a good credit rating. He lives at home, works full time but struggles to keep on top of his bills. A: Your son, like a lot of young people today, has yet to...
Keeping the Magic Alive: Get Out of the Relationship Rut, Plan a Date Together
Keeping the Magic Alive: Get Out of the Relationship Rut, Plan a Date Together Q: My wife tells me that relationship experts say that going on regular "dates" with your partner is the key to a long-lasting relationship. I admit that I tend to take things for granted....
Avoid Technology’s Traps: How to put the need for the latest gadgets into perspective
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How to Maximize Your Back-to-School Budget
A new school year for your kids means buying new school supplies, backpacks, shoes, clothing, and more. Here’s how to maximize your back-to-school budget.
How to Cope with Living in Canada while Sending Money to Family Overseas
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3 Common Credit Problems & How to Fix Them
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How to Know the Best Time for Buying a House with a Mortgage
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Gambling: How to tell if you’ve gone too far
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Do You Ever Get Even with Revenge Spending?
Do You Ever Get Even with Revenge Spending? Q: After finding out that my partner spent over $1000 on toys for his car, I had a spa day and got something for me too. It seemed like a good idea at the time, but we got into a huge fight about money. What can we do to fix...
Credit Counselling Society Wins National Credit Counselling Canada Award
Credit Counselling Society Wins National Credit Counselling Canada Award The Credit Counselling Society was presented with the Credit Counselling Canada Agency Award at Credit Counselling Canada’s national conference last week. With the award, member agencies of...
6 Ways to Help Afford a Fun Summer Vacation this Year
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Financial Help or Handout – When has helping family gone too far?
Financial Help or Handout - When has helping family gone too far? Q: My parents keep borrowing against the equity in their home to bail my sister and her family out of debt. Mom and dad are getting older and I don't want to see them burdened by debt that they...
Average Canadian Bride Spends $20,000 on Her Wedding: 5 Ways to Make Your Wedding More Affordable
Average Canadian Bride Spends $20,000 on Her Wedding: 5 Ways to Make Your Wedding More Affordable Is there an expectation in your family that the next person to get married will have a big, expensive wedding? This may be true in a lot of families because a new survey...
Reward Credit Cards: Are the Points Really Worth It?
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Do Summer Vacations Leave You Broke? Here’s an Idea.
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Should You Rent or Buy a Home?
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Are Canadians Reckless Spenders? A new study says we are
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Entitled to Live Beyond Your Means
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How is Your Credit Score Calculated?
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How do Parking Tickets Affect your Credit?
How do Parking Tickets Affect your Credit? Old, unpaid parking tickets can haunt you You may have forgotten about your old parking tickets, but have they forgotten about you? Some people think that if they don’t pay their parking tickets and just ignore them, they...
How to Protect Yourself from Emergency Natural Events
How do you protect your finances from emergencies, such as a natural disaster like the Iceland volcanic eruption? To learn more…
Does your credit score fall every time someone checks it?
Does your credit score fall every time someone checks it? Has anyone ever told you that every time someone checks your credit, it lowers your credit score? While there is some truth to this claim, there are some exceptions. The most notable exception is that you can...
Rising Interest Rates could Double your Mortgage Payments
Rising Interest Rates could Double your Mortgage Payments For almost 30 years, interest rates have been declining in Canada. This has enabled more people than ever to buy homes, but it has also fueled a lot of spending. Record low interest rates have enabled...
What to do if you dread filing taxes
What to do if you dread filing taxes Q: I always dread filing my taxes. I usually owe a few hundred dollars and struggle to find the money to pay the bill. What can you suggest? A: Tempting as it may be, procrastinating will only make it worse. Filing late might mean...
The 7 Smartest Things You Can Do for Your Finances
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Rising Mortgage Rates will be Difficult for Many Canadians
Rising Mortgage Rates will be Difficult for Many Canadians With Financial Institutions announcing increases in mortgage rates this week, more Canadians will find it challenging—if not impossible—to balance their household budget. If you are already committed to...
One of the Biggest Retirement Mistakes
One of the Biggest Retirement Mistakes Most Canadians Don’t Know What Their Retirement Income Will Be According to one survey, 83 percent of Canadians don’t know how much income to expect when they stop working.* More and more Canadians seem to be waking up to what...
Should You Keep Financial Secrets?
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How to Stick to Your Budget, Even on Bad Hair Days
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How to Get an Awesome Credit Score
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3 Ways People Destroy Their Credit (Part 3 of 3)
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3 Ways People Destroy Their Credit Score (Part 2 of 3)
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Lesson in Debt Management a Great Grad Gift
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How to Save 50% on Everything You Purchase
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You Don’t Have to be in Debt to Build Credit
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How People Get Caught by Joint Debts
How People Get Caught by Joint Debts Here is a common scenario: a couple splits up, gets a separation agreement and then one of them tries to apply for a loan. The lender says, "Sorry you don’t qualify because your credit bureau shows you have this other debt with...
Is Your Credit Score Worse Than You Think?
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Hurting Your Credit Score
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The Easiest Way to Prevent Financial Problems: Get Organized
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Bringing Home The Gold
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Myth: “Credit card companies wouldn’t send me applications in the mail if I couldn’t afford another credit card.”
Myth: “Credit card companies wouldn't send me applications in the mail if I couldn't afford another credit card.” Just because a credit card company knows your name and address does not mean that they know anything more about you than anyone else who sends you mail....
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Get answers from an expert.
With so many debt consolidation options out there, it can feel overwhelming to try and find the right one by yourself. One of our professional credit counsellors would be happy to guide you through this process by carefully reviewing your whole financial situation with you and answering any questions you have. Speaking with our certified counsellors is always free, confidential and without obligation.