Blog Posts

If It Sounds Too Good To Be True...

This article is provided by Family Services Perth-Huron, a United Way member agency and an accredited member of both the Ontario and Canadian Associations of Credit Counselling Services. If It Sounds Too Good To Be True... By Phil Brown

April 7, 2014

Credit Counselling, Collection Agencies, Rebuilding Credit

Is it possible to pay off debt without affecting your credit rating and touching RRSP money?

CHRIS ASKED: How can I pay off my debt without damaging my good credit or touching the little RRSP I have? ANSWER: The only way to deal with your debt and maintain a good credit rating is to pay your creditors directly, in full, with interest.

March 28, 2014

Consumer Proposals, Bankruptcy, Asset Concerns, Rebuilding Credit

We were asked: What credit rating penalties would apply to our services?

We offer two main services: a consumer proposal, which is a formal debt settlement, and bankruptcy. Consumer Proposal and Credit Rating Penalties

March 26, 2014

Consumer Proposals, Bankruptcy, Rebuilding Credit

Repercussions Of A Joint Credit Card When Filing A Consumer Proposal

DYLAN ASKED: My credit card is in both mine and my dad's name. Will including that debt in a consumer proposal hurt his credit rating?

March 15, 2014

Consumer Proposals, Rebuilding Credit

When can I start rebuilding my credit?

You should start rebuilding your credit right away.

March 11, 2014

Rebuilding Credit

Is a spouse liable for my debt?

Your debts do not affect your spouse’s credit rating!

February 3, 2014

Consumer Proposals, Bankruptcy, Debt and Relationships, Rebuilding Credit

Digging Out Of Debt On Your Own

Dealing with your personal debt problems on your own without any professional assistance is the only way to maintain your current credit rating.

January 16, 2014

Collection Agencies, Wage Garnishment, Rebuilding Credit

Where can I get my credit report?

There are two credit reporting agencies in Canada: Equifax and Transunion

January 14, 2014

Rebuilding Credit

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: Can a consumer proposal clear old debt in collections - will filing affect my credit rating?

We're here to help you deal with debt and give the best option possible depending on your personal situation. Filing a consumer proposal is not a strategy for rebuilding your credit, it is a strategy to get out of debt.

June 15, 2013

Consumer Proposals, Rebuilding Credit