Abie's Debt Review

What is credit counselling all about?
On this week’s show we talked with Heather Cudmore, a credit counsellor with Mosaic Counselling and Family Services, a program of Carizon Family and Community Services in Kitchener, Ontario. We had an open and honest conversation about credit counselling, debt management plans, and your options when dealing with debt. Some of the topics we covered:
What exactly does a credit counsellor do?
Who does a credit counsellor work for?
Is it true that they are just a collection agency for the big banks?
What does it cost? What are the fees?
Isn’t a debt settlement better and cheaper? What about other options?

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