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.


How much debt does the average Canadian have? DEBT INSIDERS

How much debt does the average Canadian have?

Discover the average household debt for Canadians, including insights on non-mortgage debt. Learn how your finances compare. Read now to see where you stand!
Where can I cash a cheque? DEBT INSIDERS

Where can I cash a cheque?

financial planning
Need to cash a cheque quickly in Canada? Explore hassle-free options, from free services at banks to low-fee alternatives. Learn more to find the best choice!
What happens if you claim bankruptcies in Canada?

What happens if you claim bankruptcies in Canada?

personal bankruptcy
Find out what happens when you file for bankruptcy in Canada. Learn about the role of a Insolvency Trustee and the long-term effects on your finances. Read now!
How to declare bankruptcies in Canada? DEBT INSIDERS

How to declare bankruptcies in Canada?

personal bankruptcy
Confused about the bankruptcy process in Canada? Learn how a Licensed Insolvency Trustee can guide you through declaring bankruptcy effectively. Read now!
How can I cancel my TransUnion account? DEBT INSIDERS

How can I cancel my TransUnion account?

financial planning
Eager to learn how to cancel your TransUnion account? Discover the simple online cancellation steps and how customer service can assist you. Read now!
How do you pay a credit card from another bank? DEBT INSIDERS

How do you pay a credit card from another bank?

Discover how to seamlessly make your credit card payment using a bank transfer. Follow our simple steps for secure and speedy transactions. Learn more now!
Does consolidated credit affect your credit? DEBT INSIDERS

Does consolidated credit affect your credit?

debt consolidation
Wondering if consolidated credit affects your credit score? Discover how a consolidation loan impacts your score and learn tips to boost it. Read now!
How do I cancel TransUnion account? DEBT INSIDERS

How do I cancel TransUnion account?

financial planning
Ready to cancel your TransUnion account in Canada? Discover easy steps to end your account online or by phone. Learn more & ensure a smooth cancellation today!
How do I declare bankruptcy in Canada? DEBT INSIDERS

How do I declare bankruptcy in Canada?

personal bankruptcy
Stressed about your debts? Discover the bankruptcy process in Canada with expert guidance from a Licensed Insolvency Trustee. Learn more about options today!
Do consolidation loans hurt your credit? DEBT INSIDERS

Do consolidation loans hurt your credit?

debt consolidation
Discover how consolidation loans can impact your credit score. Learn the pros and cons, plus tips on maintaining a healthy credit profile. Read now!