WHAT TO DO WHEN YOUR DEBT LOAD IS TOO MUCH

The mountain of debt is an ugly one. It looks nothing like the historic architecture in Quebec City – it is a plague that starts small and harmless, but grows into an unbearable burden for many Canadians.

If you are struggling to make ends meet and you can only afford to pay the minimum monthly payment on your credit card, this is an alarming wakeup call – to get help. Let’s face it, ignoring a problem will not make it any better, it will make it worse and in the case of debt management, if you ignore your debt it will grow. So do yourself a favour and attack your debt head on with the help of a trained credit counsellor.

There are various debt management options available to Canadians however not all are created equal. There are a few bad apples out there trying to make a fast buck. Do your homework and find a reputable agency for credit counselling.

When you are able to find a decent debt consolidation agency to help you manage your debt, they will get you on the right track with managing your debt. There are many different types of credit you can get help with:

• Credit cards
• Lines of credits
• Store cards
• Payday loans (depending on the agency)
• Unsecured loans

Debt management organizations are unable to help you with the following secured loans such as:

• Car loans
• Mortgages
• Home equity loans

If your heavy burden of debt is becoming too heavy to carry anymore, know there are resources available to you to help you manage your debt so you can be debt free. While on a credit counselling program  you will change your relationship with money. You will understand how to create a budget, save money for unexpected emergencies as well as how to live within your means. So get that monkey off your back and get help today. You can give a trained credit counsellor a call at this toll free number 1-888-696-9376.