Understanding Your Credit Report and Credit Score
Obtaining your credit score will be among the first steps you take towards getting your finances in order. The Understand Your Credit Report and Credit Score publication can provide you with the information you need to understand your credit report and what your score means.
Taking Charge of Your Debt
Canada’s Office of Consumer Affairs provide an online resource called the Take Charge of Your Debts tool. Here you will find all the information you will need about debt all in one place, along with helpful tips and solutions for getting out of debt.
The Office of the Superintendent of Bankruptcy Canada also provides online information on how to avoid debt and ways of improving your financial circumstances. If you are unable to pay off your debts, their website can help you understand what bankruptcy means to you and what the process entails.
Dealing With Mortgage Payment Difficulties
The Canada Mortgage Housing Corporation (CMHC) provides online resources to help educate and prepare homeowners on ways to confidently approach their lenders, how to discuss your financial difficulties, and repay solutions for your mortgage loan.
Managing Your Student Loan Debt
You can find information on repaying your student loan, including assistance that may be available to you and the repayment process at CanLearn.