Credit counseling can be the right step to take if you are anxious to eliminate excessive debt and work towards a solid financial future in Barrie.
If you are struggling with debt, credit counseling is a service that helps you find the right solution to eliminate your debts and get on the path towards financial freedom. Credit counseling is beneficial because it acts as a way to identify your individual needs, since everyone has different incomes, budget needs, credit score, and financial goals.
At Morgan & Partners Inc., many people come to us from Barrie, Ontario who believe bankruptcy is their only way out of debt. While bankruptcy can be a viable solution depending on your situation, it is not the only one. During your credit counseling sessions, we will assess your personal financial situation and identify solutions for helping you get out of debt, whether they involve filing for bankruptcy, personal financial planning, or restructuring.
While credit counseling can help with many kinds of debt, including medical debts, store credit cards, or unsecured personal loans, it is mainly focused on high-interest credit card debt. During our meetings, we will review the debts you have, identify a solution, and come up with a plan that works for your individual budget. We can also help you get your creditors to negotiate lower interest rates on your debt, so you pay less overall.
Credit counseling can be the right step to take if you are anxious to eliminate excessive debt and work towards a solid financial future. For further information about this financial service or to schedule an appointment with our firm, please reach out to us at Morgan & Partners Inc. today.
At Morgan & Partners Inc., we offer credit counseling services in Barrie, Brampton, Guelph, Innisfil, Newmarket, Orillia, Milton, and Muskoka, Ontario.