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.
2026-07-13
MNP Consumer Debt Index
Atlantic Canadians (68%) are more likely than those in other provinces to say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, three in five Canadians (61%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, nearly three in five British Columbians (58%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
