2025-05-07
How to be a responsible credit card user
Credit cards are a popular and convenient form of credit that can be a very useful tool.
There are a wide variety of credit counselling services operating across Canada. Typically, these credit counselling organizations review your current financial situation, provide budgeting advice and speak with creditors on your behalf about a more reasonable repayment schedule. If your situation is appropriate for the program offered, the credit counselling organization will collect funds from you and place them in a trust account for payment to your creditors. Before committing to any program, you should fully understand the costs and administration fees charged by the organization, since these charges may increase your total payment obligation and reduce the amount available for distribution to your creditors. Generally, the total amount you will pay will be equal to the total amount of your unsecured debt.
Life-Changing Debt Solutions is about finding the best choice that will work for you. To compare all the available options, contact us for a free confidential consultation.
2025-05-07
Credit cards are a popular and convenient form of credit that can be a very useful tool.
2025-04-25
Debt collection can be a daunting experience for many Canadians. Navigating the process alongside MNP’s team of experts can help you better understand how it will impact your credit score and gain the knowledge needed to maintain your financial health well into the future.
2025-04-25
Bankruptcy
Filing for Bankruptcy is a significant decision that can provide a fresh start for Canadians overwhelmed by debt. However, it’s essential to approach this process with caution and awareness to avoid common pitfalls and make informed decisions to protect your financial future.