For over 20 years Credit & Debt Services has helped thousands of Canadians deal with their money problems.

Credit & Debt Services is registered with the Office of the Superintendent of Bankruptcy to provide credit counselling services as required in a consumer proposal or bankruptcy filing, and to date they have completed over 10,000 credit counselling sessions for individuals.

Who pays for this service?

To find out what Credit & Debt Services can do for you, call them today, toll free, at 1-888-228-2239.

Credit counselling services provided by Credit & Debt Services are provided at no charge to you. Credit & Debt Services receives funding from two sources:

First, many large companies (like Toyota, Staples and Air Canada) hire Credit & Debt Services through their Employee Assistance Programs to advise their employees. The employer pays for this service, not you. Since CDS has already set up a network of advisors across Canada to assist their EAP clients, they are able to make this network available at no cost to you.

Second, bankruptcy trustees and consumer proposal administrators contract Credit & Debt Services to provide the credit counselling sessions that are required for everyone that declares bankruptcy or a consumer proposal, and the trustee pays for these services, which helps subsidize CDS’s out reach efforts.

How Consumer Credit Counselling Works

  1. Call 1 888-228-2239 to speak to a certified credit counsellor and set up an appointment.
  2. Gather your records and meet with with an expert to review your financial situation.
  3. The credit counsellor will recommend a plan to help you and explain all details.
  4. Follow your plan to become debt-free and start living your life again.

Your counsellor will ask for information about your debts, your income, and your assets. They will need to know who you owe money to, and what you can afford to pay each month.

The solution may be as simple as giving you some personal finance and budgeting tips. They will probably also help you with household budgeting so you know where you are spending your money each month.

This may be enough to help you see where you can cut expenses, so you have more money to devote to repaying your debts. If so, your credit counselling involves one or two meetings with your credit counsellor, and you are on your way to finding a  solution to your debt problems.