When should I get assistance with debt?
Debt counselling can help consumers rehabilitate their finances, while giving them protection from legal action and unrealistic creditor demands. However, most consumers who are running into financial trouble fail to notice the warning signs until it is too late. These conditions may indicate the need for assistance with debt:
- Income is no longer sufficient to cover debts and basic living expenses
- You are tempted to skip a debt payment just to make ends meet
- You are still employed, but unsure of how to allocate your budget to meet payments
- You wish you could ask creditors to lower the repayment rates to free up some of your cash flow every month