Personalized Debt and Credit Counselling services in Scarborough
Personalized debt and credit counselling services
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Become debt free with the help of EmpireOne Credit. Fill out and submit our “Get a free quote” form. All information you submit is always kept confidential. We want you to feel confident in your options and reduce your fears and frustrations as you move towards financial freedom.

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Ask for Debt Counselling in Scarborough

Debt can be overwhelming but if you have professional credit counsellors by your side, you can get through any financial crisis. By providing assistance with debt options, budgeting and educating financial literacy, we encourage people to make well-thought-out decisions to achieve their financial goals.

  • Relieving you from debt

    Overwhelmed by debt can be frustrating but with debt counselling in Scarborough, you can expect a customized debt solution, with options to lower your debt and its interest rates to a manageable monthly payment plan, relieving you from financial stress.

  • Dependable debt management

    With EmpireOne Credit, you have a knowledgeable, certified and experienced team member helping you to handle not only your current financial status but securing your financial future as well. We have solutions to your debt issues. Get your free consultation today.

  • Supporting financial literacy

    Our team provides you guidance on budgeting and how to manage your finances for you to obtain a greater financial future. This cuts down the risk of repeating the same financial mistakes of the past.

How to end your debt issues?

No one likes to be overwhelmed by debt but reckless spending and increased credit leaves people in financial distress. For many, filing for bankruptcy is the only option. However, we, at EmpireOne Credit, provide debt counselling in Scarborough, helping people with options to reduce their debt, rebuild their credit rating and come out of the financial status that is holding them down, without filing for bankruptcy.

With a certified and experienced team like ours, you can expect the best credit counselling help , giving you financial advice to resolve your debt issues.

Have more questions about debt relief? Our certified credit counsellors can help you get  through this tough time.

A Family in the Beach
Credit Re-Establishment

There are options available to you as a consumer to help you re-establish your credit, regardless if you filed a consumer proposal or bankruptcy.

Some of these options are:

  • Pay all essential bills on time (i.e. phone, cable, rent, utilities, etc.)
  • Apply for a secured credit card.
  • Pay more than the minimum payment on your credit card.
  • Have someone co-sign a future loan whom you know and can trust.

Beacon Score

  • Excellent Credit Score — 750+
  • Good Credit Score — 700 – 749
  • Fair Credit Score — 650 – 699
  • Poor Credit Score — 600 – 649
  • Bad Credit Score — Below 599
  • Too new to rate; approved but not used
  • Pays (or paid) within 30 days of payment due date or not over 1 payment past due
  • Pays (or paid) in more than 30 days from payment due date, but not more than 60 days, or not more than 2 payments past due;
  • Pays (or paid) in more than 60 days from payment due date, but not more than 90 days, or not more than 3 payments past due;
  • Pays (or paid) in more than 90 days from payment due date, but not more than 120 days, or not more than 4 payments past due;
  • Account is at least 120 days overdue, but is not yet rated “9;”
  • Making regular payments through a special arrangement to settle your debts;
  • Repossession or surrender;
  • Bad debt, bankruptcy, placed for collection, or moved without giving a new address.
Empireone
About us

EmpireOne Credit is dedicated to helping clients in the Greater Toronto Area who are struggling with debt and financial hardship. EmpireOne Credit Solutions passion is derived from the knowledge that the situation is not always as bad as it seems. Through credit counselling, EmpireOne guides their clients toward the best options possible, whether that is a debt consolidation, a consumer proposal or declaring bankruptcy.

Regardless of the path taken, EmpireOne Credit is proud to help clients every step of the way.

Call Us For Free Consultation

(416) 900-2324
FAQ
Browse through these FAQs to find answers to commonly raised questions
about credit counselling.

Credit counselling is a process where certified credit counsellors help debtors with their debt settlement by providing financial education, budgeting, and guidance in order to reduce and eliminate their debt.

When you decide to go for credit counselling, a certified credit counsellor will go through your entire financial situation. They will figure out all your available options and help you determine the best route forward. They will put you on a debt management plan and give advice about planning, budgeting, and making payments that will help improve your financial situation to prevent it from happening again in the future.

Getting a free consultation by simply talking to a certified credit counsellor won’t affect your credit score. Once in the program, it may bring down your score, depending on what your credit score is currently. Taking control of your finances and paying off your debt will outweigh any temporary dings to your credit score.

In a credit counselling program, you are paying back the full amount of debt owing. There are fees that vary depending on the agency, but there’s typically a set-up fee and a monthly fee based on a percentage of the debt owing, with the additional payments to your creditors.

Credit counselling sessions may vary in length depending on each client’s particular circumstance and the process that needs to be taken. Generally, counselling sessions should last approximately 60 minutes plus.