Today’s Tip: Make a plan to deal with your debts.
If you have more debt than you can handle, you need a plan. That plan will start with a household budget, so you know what you have to spend each month. You should then explore your other debt management options, including getting a debt consolidation loan, a debt management plan through a not for profit credit counsellor, a consumer proposal, or filing bankruptcy in Canada.
Which answer is right for you? That depends on your income, and your debts, so start by using our debt options calculator to find out which option is best for you.
