Victoriaville
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Victoriaville, debt help, Quebec
Victoriaville, located in Centre-du-Québec, is a family-friendly city known for its parks and cultural events. However, residents face challenges such as slow job growth, high housing costs, and rising taxes, making debt relief difficult. These financial strains can lead to stress for those struggling with money management, emphasizing the need for solutions like debt consolidation or credit counseling.
City: Victoriaville
Province/Territory: Quebec (QC), Canada
Est. Population: 47,760
Financial Challenges
Living and working in Victoriaville can be tough if you’re having money problems. The economy here isn’t growing fast, which means there aren’t many new jobs available. This makes it hard to find work or earn enough money to cover your bills. Housing can also be a challenge, as it might cost a lot to rent or buy a home, leaving you with less money for other needs.
Managing money is difficult too because if you have debt, it’s hard to pay it off with slow job growth and rising costs. Taxes might go up as the city tries to save money, which means you have to spend more of what you earn. All these factors together can make living in Victoriaville stressful for someone trying to get back on their feet.
Debt Relief Solutions Available
Financial Planning
Financial planning means making a smart plan for your money. It helps you budget, set goals, and save for the future. With a plan in place, you can feel more in control of your money and avoid falling into debt again.
Find out more about Financial PlanningDebt Management Plan
A Debt Management Plan, or DMP, helps you pay back what you owe in one simple monthly payment. A credit expert talks to your creditors to lower your interest and make the debt easier to handle.
Find out more about Debt ManagementDebt Consolidation
Debt consolidation means putting all your debts—like credit cards and loans—into one new loan. This new loan usually has a lower interest rate, which can help you save money and pay off your debt faster.
Find out more about Debt ConsolidationDebt Settlement
Debt settlement means offering less than the full amount you owe to clear your debt. Creditors may accept it because they get paid quickly. A debt settlement company usually helps with this process.
Find out more about Debt SettlementConsumer Proposal
A consumer proposal is a legal deal between you and the people you owe. You agree to pay back part of your debt in smaller monthly payments. A Licensed Insolvency Trustee helps make the plan and talks to your creditors for you.
Find out more about Consumer ProposalsBankruptcy
Bankruptcy is a legal way to clear most of your debts if you can’t pay them back. It gives you a fresh start, but it can also hurt your credit score for several years.
Find out more about Bankruptcy
*Illustration of Victoriaville, Quebec
Debt Data
This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.
Item | Description | Estimated |
---|---|---|
Living paycheck to paycheck | Number of residents who are living paycheck to paycheck | 22,447 |
Living in poverty | Number of residents who are living in poverty | 5,301 |
Debt defaulted | Number of residents who have defaulted on a debt payment | 521 |
Insolvencies | Number of residents who filed for insolvency | 119 |
Consumer proposal | Number of residents who filed for a consumer proposal | 91 |
Personal bankruptcy | Number of residents who filed for personal bankruptcy | 29 |
The estimates above are based on the following ratios living paycheck to paycheck rate (47%), poverty rate (11.1%), delinquency rate (1.09%), insolvency rate (0.25%), consumer proposal rate (0.19%), personal bankruptcy rate (.06%) from the following sources leger360.com, statcan.gc.ca, consumer.equifax.ca and is, d-isde.canada.ca.
Elimiate up to 80% of Your Debt
High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!
Areas / Neighbourhoods
Centre-ville: The downtown core of Victoriaville, featuring a mix of shops, restaurants, cafés, and cultural attractions. It serves as the heart of the city, where residents and visitors gather for events and community activities.
L’Erable: A picturesque neighborhood characterized by its charming homes, green spaces, and family-friendly atmosphere. It’s popular among families due to its proximity to schools, parks, and recreational facilities.
Le Parc: A vibrant area known for its plentiful parks and outdoor activities. Residents enjoy easy access to nature trails, sports fields, and playgrounds, making it a prime area for those who love an active lifestyle.
Les Jardins: A residential neighborhood known for its peaceful environment and suburban feel. It features spacious lots and is favored by families looking for a quiet place to live while still being close to the city’s amenities.
Saint-Victor: This area is characterized by its historical charm and community spirit. With a variety of local businesses and community events, it offers a unique blend of culture and social interaction.
Des Chutes: Nestled along the river, this neighborhood boasts stunning views and recreational opportunities. It’s popular with nature enthusiasts and those who enjoy water sports and fishing.
Capitale: A developing area that has seen recent growth, offering new housing developments and young family-friendly amenities. It’s becoming increasingly popular for its modern conveniences and community feel.

Illustration of Victoriaville, Quebec, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Victoriaville, Canada to help understand the financial requirements for different living situations.
Item | Description | Average Cost |
---|---|---|
Housing (1BR) | Monthly rent for a 1-bedroom apartment | $1,270 |
Housing (2BR) | Monthly rent for a 2-bedroom apartment | $1,750 |
Average Home Price | Average price to purchase a home | $502,000 |
Utilities | Monthly cost for electricity, heating, water, and garbage | $200 |
Food (Single) | Monthly grocery cost for a single person | $300 |
Food (Family) | Monthly grocery cost for a family of four | $850 |
Healthcare (Rx) | Monthly cost for prescription medications | $35 |
Healthcare (Dental) | Monthly cost for dental care | $200 |
Healthcare (Vision) | Monthly cost for vision care | $225 |
Transportation (Public) | Monthly cost for public transit | $1,270 |
Transportation (Car) | Monthly cost for car ownership | $550 |
Childcare (Daycare) | Monthly cost for daycare | $650 |
Childcare (After-School) | Monthly cost for after-school programs | $300 |
The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.
Top Questions
- What is the average cost of living in Victoriaville compared to other cities in Quebec?
- How has the economic outlook in Victoriaville changed in recent years?
- What are the main financial challenges faced by residents of Victoriaville?
- How do housing prices in Victoriaville compare to the provincial average?
- What types of employment opportunities are available in Victoriaville, and what is the average salary?
- Are there any local financial assistance programs available for residents in need?
- What impact does the cost of living in Victoriaville have on local businesses and economic growth?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located in the Centre-du-Québec region, this city is known for its beautiful parks and family-friendly atmosphere. The area is rich in history and offers a mix of cultural experiences, including local festivals and events that celebrate its heritage. Residents can enjoy outdoor activities like hiking and biking, thanks to its scenic landscapes and proximity to nature. The community is also home to various schools, making it a great place for families with children. Additionally, it has a growing network of local businesses that support both the economy and the community.
Eliminate up to 80% of Your Debt
High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!