Credit counselling offers advice on consumer credit, debt management, money management, and budgeting. Most credit counselling programs aim to prevent bankruptcy for debtors who are having trouble making their monthly payments.
Credit counselling is intended for those who need support in choosing the most effective debt relief plan. Canadians often don't know about debt relief options until they're in need of them, which can result in a long learning curve. It's possible that unless you are facing a financial emergency, you are unaware of debt management, debt consolidation, consumer proposals, and filing for bankruptcy.
With the assistance of credit counselors, you can quickly become informed so that you can make decisions with confidence. They can assist you in objectively assessing options and providing useful information about each one you are considering.