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.


Is a consumer proposal worth it? DEBT INSIDERS

Is a consumer proposal worth it?

consumer proposal
For many it is worht it. Find how this debt relief option helps you keep assets and shield against creditors. Learn more about your financial choices now!
What do you lose when you declare bankruptcy? DEBT INSIDERS

What do you lose when you declare bankruptcy?

personal bankruptcy
List of things you lose when declaring bankruptcy in Canada. Learn about non-exempt assets and how they affect your belongings. Read to make informed decisions!
How long can a collection stay on your credit report?

How long can a collection stay on your credit report?

credit rebuilding
Find out about collection stay on your credit report in Canada. Learn about credit report duration, collection impact, and smart payment strategies. Read now!
How long does a consumer proposal affect your credit?

How long does a consumer proposal affect your credit?

consumer proposal
Discover how long a consumer proposal affects your credit in Canada. Learn about the R7 credit rating and steps to rebuild your score. Read now!
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!