Consolidated Credit Counseling Services of Canada

Consolidated Credit Counseling Services of Canada

 4.7/5 (80 reviews)

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Overall Rating4.7 out of 5
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About Consolidated Credit Counseling Services of Canada

Consolidated Credit was founded in 2005 and continues to help consumers with credit, debt and financial obligations. The company believes education is a key part of a person's financial success. It provides credit counseling, debt consolidation and financial education.

Pros & Cons

Pros

  • Reduce your payments by up to 50%
  • Talk to a credit counselor
  • Free counseling services

Cons

  • Only works with unsecured debt

Bottom Line

Consolidated Credit Canada is an online, nonprofit credit counseling agency that helps consumers find viable options to get out of debt.

Top Consolidated Credit Counseling Services of Canada Reviews

Verified

Arranging payment dates to suit new job/pay dates. Contact was excellent to deal with. Handled my inquiry with understanding and was very professional. I appreciate the flexibilit...

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Verified

I am really pleased that I made the decision to go with your program. I have no more worries about my debt load. No more sleepless nights. I can't thank you enough for helping me....

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How does Consolidated Credit Canada’s credit counseling work?

Consolidated Credit Canada offers nonprofit credit counseling services to discuss options and develop a strategy for getting out of debt. Consumers that sign up with Consolidated Credit Canada can:

  1. Talk to a credit counselor for free. Consolidated Credit Canada’s service begins with an over-the-phone evaluation of your budget and debts. A credit counselor asks for some basic information to help get to the root cause of your financial challenges and conducts a soft check on your credit. During this conversation, your credit counselor may discuss the following debt solutions, depending on their relevance to your situation:
    • Taking out a consolidation loan
    • Joining a debt management program
    • Applying for a debt settlement plan
    • Filing a consumer proposal
    • Declaring bankruptcy
  2. Start whenever they’re ready. Your phone call with Consolidated Credit Canada’s credit counselors doesn’t bind you to its services. Take your time deciding what option is best for you. Once you’re ready to enroll, Consolidated Credit Canada contacts your creditors on your behalf and works with them to lower your interest rates and fees.
  3. Get out of debt in less time. If your best course of action is a debt management program, then you can enroll in one directly through Consolidated Credit. It oversees your debt repayment plan and helps minimize extra charges on what you owe. When you follow Consolidated Credit Canada’s advice, you can lower your payments by anywhere from 30% to 50%.

Consolidated Credit Canada debt management program

Consolidated Credit Canada’s debt management program helps you get out of debt faster by consolidating your credit card accounts and other unsecured debts into one monthly payment without the need for a debt consolidation loan. Consolidated Credit Canada works with your creditors to reduce or eliminate the interest and fees on your payments so you can concentrate on paying off the principal debt.

Any kind of unsecured debt is eligible for Consolidated Credit Canada’s debt management program, but the company specializes in dealing with credit card debts.

How much does Consolidated Credit Canada cost?

The initial interview with Consolidated Credit Canada is free, but the nonprofit charges a fee if you enroll in its debt management program. Consolidated Credit Canada sets its monthly fees based on your budget and level of financial hardship and rolls the cost into the monthly payment you make to pay off your debt.

Consolidated Credit Canada FAQ

Does Consolidated Credit Canada hurt your credit?

Enrolling in Consolidated Credit Canada’s debt management program won’t hurt your credit. However, things you do as part of the program, like making on-time payments, can increase your credit score. Not making your agreed payments could cause your credit score to decrease.

What does Consolidated Credit Canada do?

Consolidated Credit Canada helps you pay off your debts faster by working with you to create a manageable payment plan. Consolidated Credit Canada also works with your creditors to help you get a lower interest rate on your payments.

Does Consolidated Credit Canada really work?

Yes. If you fully commit to following Consolidated Credit Canada’s advice, its debt management program can reduce your payments by anywhere from 30% to 50%.

Is Consolidated Credit Canada good?

If you’re struggling to make payments on your credit cards and want a lower interest rate, Consolidated Credit Canada’s credit counseling services are worth checking out. With an easy application process and the ability to reduce your payments by up to 50%, Consolidated Credit Canada is a viable option for people who want to work with a reliable online credit counseling agency.

Consolidated Credit Counseling Services of Canada Reviews

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Page 1 Reviews 0 - 10
Verified Reviewer Verified Buyer
Original review: March 17, 2023

I feel very comfortable dealing with the agent. He was very professional and courteous and answered all my questions. Gianna even pointed me in the right direction for any further questions. I would recommend them to friends needing help with their credit.

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Verified Reviewer
Original review: Feb. 5, 2023

First of all, people extremely thoughtful, knowledgeable and expedient. Helped me take control of situation without embarrassment. Talked me through some computer details. When I finished the consult, I felt like a weight was lifted off my shoulders.

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    Verified Reviewer Verified Buyer
    Original review: June 8, 2022

    Sam is an excellent credit counsellor. He is kind, caring, informative and truly cares about the person in trouble. He speaks excellent English which is so important to seniors. I would recommend him 1000 times.

    3 people found this review helpful
    Verified Reviewer Verified Buyer
    Original review: May 4, 2022

    I would highly recommend Both Leslie and Consolidated Credit in helping us move through our credit card and debt pitfalls. Even though it took me days … if not weeks to finally make the phone call... don’t hesitate to make yours today! My fears and worries were quickly relieved by the professional, courteous and very streamlined services. Thank you for making this worrisome ordeal manageable! You have taken away a mountain of stress with the daily creditor phone calls and double-digit interest costs that I could never realistically pay off. I feel that I can now walk confidently forward with my new debt repayment plan.

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    Verified Reviewer Verified Buyer
    Original review: May 2, 2022

    Sam was very helpful and professional. I was scared to face this debt and just being young and unsure of what to do to help better my credit, he was very informative and not judgemental at all. Made me feel comfortable and was able to get my issue sorted in less than an hour. Thank you Sam.

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    Verified Reviewer Verified Buyer
    Original review: Feb. 24, 2022

    Keirston the agent I spoke with was so pleasant, listened really well and helped me find the best solution. He was really encouraging and clearly laid out al the details. I am happy with the solution he came up with.

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    Verified Reviewer Verified Buyer
    Original review: July 4, 2021

    I would like to say thank you to Elizabeth for her wisdom and knowledge for helping me and the rest of her colleagues for being such a tremendous help on getting my debt paid off. I know the 5 years were a bit challenging at times but it paid off in the end. Thank you to all.

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    Verified Reviewer Verified Buyer
    Original review: May 6, 2021

    Today I had the pleasure of speaking with Elizabeth and the experience was 10/10. She is very well spoken and knowledgeable and I learned so much. I left our conversation feeling more confident and happy. Hope I can speak with her again if the time comes.

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    Verified Reviewer Verified Buyer
    Original review: Feb. 19, 2021

    Dear Consolidated credit services of Canada, Inc. My counselor, Gary **, is a highly regarded partner to work with for my financial debt resolution. Gary’s broad band experience tailored to my situation, along with his very pleasant personality is a true asset for me to have in a partner. I welcome working with Gary and your company. Sincerely, Grant **

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    Verified Reviewer Verified Buyer
    Original review: June 16, 2020

    I like the service they are very helpful in everything I need. Carlos was very fast and helpful with everything I needed. It's a pleasure dealing with them. I would definitely recommend them to my friends and family.

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    Consolidated Credit Counseling Services of Canada Company Information

    Company Name:
    Consolidated Credit Counseling Services of Canada
    Website:
    www.consolidatedcreditcanada.ca