Credit Counselling Canada

Credit Counselling Canada

January 10, 2006 11:00 ET

Credit Counselling Canada: Dealing with the January Bills Blues

CALGARY, ALBERTA--(CCNMatthews - Jan. 10, 2006) - The holiday season is over for another year and all that is left is the stack of bills that arrive in January. If your holiday spending spun out of control and you now face a mountain of debt, there are several things you can do to get your finances back in order.

First of all, stop using your credit card. You don't want to get into a vicious cycle where you are paying bills and going further into debt at the same time. Look for fast ways to free up extra cash such as taking a brown bag lunch to work, skipping your morning latte or not eating out in restaurants. You'd be surprised how these small changes can add up to big savings over a few months. Develop a plan to pay off your debt and put any extra money on those debts or credits cards with the highest interest rate first.

If you need help in reducing your debt, visit Credit Counselling Canada at www.creditcounsellingcanada.ca to locate the non-profit member agency nearest you. Members provide consumers with confidential counselling, debt management and education programs.

Contact Information

  • Credit Counselling Canada - British Columbia
    Scott Hannah
    (604) 527-8999 (ext. 211)
    or
    Credit Counselling Canada - Prairies
    Diane Rennie
    (403) 234-6184
    or
    Credit Counselling Canada - Central Canada
    Laurie Campbell
    (416) 228-2526
    or
    Credit Counselling Canada - Atlantic Canada
    John Eisner
    (506) 633-3990
    Website: www.creditcounsellingcanada.ca