Creditors want debt solutions as much as you do. Chances are they will be more receptive than you think to give you the time you need to pay debts. It always helps when a proper debt repayment plan is put in place through an accredited credit counselling agency.

Depending on your situation, there are several options to get out of debt, which your credit counsellor will discuss with you. One of the options may include a debt repayment program.

A debt repayment program can be viewed somewhat like debt consolidation. Your credit counsellor will work with you and your creditors to arrange your debts into one affordable monthly payment that is divided among your creditors. You will determine what you can afford for a payment each month, while still maintaining a reasonable lifestyle.

The program will aim to:

  • Reduce your monthly payments
  • Reduce your interest and other fees
  • Eliminate calls from creditors
  • Repay all debts in a reasonable time frame
  • Re-establish your credit
  • Relieve stress

A system is set up for convenient monthly payments that are fully secure and tracked. Throughout the program you will have the support of your credit counsellor. They will conduct regular financial reviews, help you to improve your money management habits and lead you towards successful completion of the program.

To set up a debt repayment program you will need to have a credit counselling appointment with a certified credit counsellor.

Our members are currently helping over 14,000 Canadians pay back their debt through a debt repayment program. What would debt relief mean to you?

“We want to thank you and your staff for the help and guidance that we have received throughout the Debt Repayment Program. The program did not only solve our immediate financial problems, but taught us how to budget and plan for the rest of our lives. We cannot overstate the importance of the lessons we have learned and the impact that the program has had on our lives.”

Debt Relief Program Client, Credit Counselling Service of Atlantic Canada