Blog Posts

Consolidation loans are a popular debt management option, but is it right for you?

Consolidation loans are a great way to manage your debt. If you can get one, it may be a great strategy for you to help you get out of debt.  Using a consolidation loan to manage your personal debts will:

July 14, 2015

Consolidation Loans, Money Management

Can you consolidate credit card debt?

LORI ASKED: Can I consolidate all my credit card debt into one LOW monthly payment without filing for bankruptcy? ANSWER: There are three ways to “consolidate” all of your personal credit card debts into one low monthly payment:

October 7, 2014

Consumer Proposals, Consolidation Loans

Is it possible to consolidate different types of debt into one payment?

CAMERON ASKED: I was just wondering if I could consolidate credit cards and a line of credit as one payment? ANSWER: There are a couple of ways to consolidate your credit card debts and line of credit into one monthly payment.

August 11, 2014

Consumer Proposals, Consolidation Loans

Why is it dangerous to use credit for emergencies?

Recently, a client told me that they'd like to keep one credit card that has a low interest rate and keep a line of credit for emergencies.

March 18, 2014

Consolidation Loans, Money Management

What happens when your consolidation loan isn't keeping you out of debt?

KEVIN ASKED: Am I able to claim bankruptcy if I already consolidated my credit card, line of credit and overdraft debts into one consolidation loan?

March 4, 2014

Consumer Proposals, Bankruptcy, Consolidation Loans, Asset Concerns

In debt? Know your options.

Everyone trying to get out of debt has the same options to choose from: 

August 6, 2013

Consumer Proposals, Bankruptcy, Credit Counselling, Consolidation Loans

We were asked: Do you provide consolidation loans?

Consolidation loans are one of the debt settlement strategies we review with people but we're not a lender. While consolidation loans are a popular debt settlement strategy there are a number of issues.

June 18, 2013

Consolidation Loans, Rebuilding Credit

We were asked: What is the difference between debt consolidation and a consumer proposal?

We receive many questions regarding the difference between debt consolidation and a consumer proposal.

June 5, 2013

Consumer Proposals, Consolidation Loans, Rebuilding Credit