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Monday, May 7, 2012

Credit Counsellor Says Getting Out of Debt Is Possible

Being in debt can be a scary experience--but according to Credit Counseling Services of Atlantic Canada, professionals can help you sort of a payment plan, reduce interest rates, and get those collections agencies to stop calling.

Despite household debt numbers skyrocketing to 150% of annual income last year, credit counsellor John Eisner us their clients managed to pay off almost 11 million dollars. One of their success stories was a single mom from Truro, N.S., who managed to pay off her massive debt without filing for bankruptcy. Eisner says  Christine Stewart is ecstatic to finally have money in the bank.

Eisner says debt is a major stress and dealing with it improves people's quality of life.