Balance Verification Standards
One common concern we receive from national creditors is the large volume of balance verifications they receive from our members. In an attempt to streamline DMP administration processes across all CCC membership, and maintain strong relationships with creditors, the...
Credit Counselling Voices Concerns Over Insolvency Counselling Proposed Directive
It was with concern that Credit Counselling Canada read the Office of the Superintendent of Bankruptcy (OSB) draft Directive No. 1R4, Counselling in Insolvency Matters. As a stakeholder in the insolvency system, we have submitted comments/suggestions as per the...
The Beginner’s Guide to Retirement Planning
A few years ago I attended a retirement planning workshop offered by my employer. I didn’t think I really needed it as I was years from retirement; however, it was one of those all day events and I was in need of a break from my daily work routine. After listening to...
Detest Talking About Money? Here’s How To Fix It
Talking about money is a tricky endeavour. A discussion most people detest. The good news is, talking about money more often will help to normalize it. To make it easier, set a rule that money issues are to be discussed without blame and negative feelings. Start by...
A Story of Hope: How Thunder Bay Counselling is Helping Youth Age-Out of Care
Imagine being kicked out of your home and left on your own at the age of 18. You have no support system to help you navigate the ‘adult’ world. No income, no bank account, no way to pay for shelter and food, no means of transportation. You are alone. According to the...Credit Reports- How a DMP Reflects
As you are aware, when a consumer enters a debt management program (DMP) they are telling all their creditors that they can no longer pay them the amount they borrowed in the required timeframe. Although a DMP credit rating may be viewed as a disadvantage to the...
Review of Licensed Insolvency Trustee Practices Cause for Concern
It was with considerable interest that Credit Counselling Canada read the Office of the Superintendent of Bankruptcy (OSB) report entitled “Review of Licensed Insolvency Trustee business practices in relation to administration of consumer insolvencies”. As a...
Should You Pay Off Debt or Save
Wondering whether to pay off debt or save during the pandemic? You are not alone. …
Keeping more money in your pocket
If you are like most people today, you are interested in keeping more money in …
Connect with us: 
