Dealing with Debt
Having a plan to repay your debt will go a long way in reducing your financial stress. Follow the Financial Consumer Agency of Canada’s step-by-step guide to begin paying down your debt.
The FCAC has developed financial literacy programs and a financial toolkit, which is available on the Government of Canada website. Check out Module 4: Credit and Debt Management.
A series of six videos have been made available during Financial Literacy Month. You can view the final video, entitled “Dealing with Debt” here.
Knowledge of Financial Education (KOFE) is a web-based financial education center, set up exclusively for the Jamat through Consolidated Credit Counselling Services of Canada, a national accredited non-profit organization. Jamati members can access services and contact a qualified financial coach for free.
Visit iiCanada’s Financial Well-Being page for a comprehensive list of resources, tools, courses, and tips to build a strong and secure financial future.