Answers

Tips, Tricks, Help & Relief Options

Dealing with debt often brings many questions, and you’re not alone in seeking answers. On this page, we’ve gathered the most common questions about debt in Canada based on the real-life experiences of people just like you. From understanding how debt affects your credit to exploring available relief options, these questions reflect many Canadians’ genuine concerns.

Financial Solutions for Canadians

We aim to provide clarity and reassurance, reminding you that you’re not alone. Many others are walking the same path, and together, we can navigate these financial challenges to find a way forward.

Have a question you’d like to ask? Want to ask it anonymously? Ask any question about debt anonymously, and we’ll get back to you as soon as possible with an answer. Ask a debt question.


Why is Total Credit Recovery calling me? DEBT INSIDERS

Why is Total Credit Recovery calling me?

consumer proposal
Total Credit Recovery is a collections agency reaching out regarding a potential debt. Unsure if it’s legitimate? Learn about debt verification & your options!
How is credit score calculated Canada? DEBT INSIDERS

How is credit score calculated Canada?

credit rebuilding
Discover how your credit score in Canada is calculated! Understand the key credit factors affecting your score and learn to manage it effectively. Read now!
How to check credit score in Scotia app? DEBT INSIDERS

How to check credit score in Scotia app?

credit rebuilding
Eager to check your credit score in the Scotia app? Discover simple steps to access your TransUnion score without impacting your credit. Read now!
How long can a bankruptcy stay on your credit report?

How long can a bankruptcy stay on your credit report?

personal bankruptcy
Learn about the impact on your financial recovery and timelines for Equifax and TransUnion - which both provide different results. Read now!
How to see credit score RBC app? DEBT INSIDERS

How to see credit score RBC app?

credit rebuilding
Discover how to view your credit score using the RBC app effortlessly! Follow our simple steps to access your TransUnion score. Read now for easy instructions!
How long can a debt be collected in Ontario? DEBT INSIDERS

How long can a debt be collected in Ontario?

debt management plan
Discover the Ontario limitations on debt collection. Learn how long creditors can pursue unsecured debts and what actions can reset the timeline. Read now!
Is consumer proposal bad? DEBT INSIDERS

Is consumer proposal bad?

consumer proposal
Is a consumer proposal right for you? Discover its benefits and drawbacks in debt management. Learn more about keeping your assets safe and reducing payments!
Is ClearScore accurate? DEBT INSIDERS

Is ClearScore accurate?

credit rebuilding
Discover the ClearScore accuracy with reliable credit info sourced from TransUnion data. Stay updated weekly on your credit status. Learn more now!
What does credit counseling do? DEBT INSIDERS

What does credit counseling do?

debt management plan
Find how credit counseling can transform your finances! Get custom budgeting assistance and expert strategies to regain control & avoid bankruptcy. Learn more!
How to avoid paying taxes on debt settlement? DEBT INSIDERS

How to avoid paying taxes on debt settlement?

debt settlement
Discover expert tips to avoid taxes on debt settlements in Canada. Learn how to leverage forgiven debt income wisely. Read now to navigate tax savings!