Best Credit Counseling Service Mississauga Near Me

4worldlovers: We help you get your finances back on track with confidential, free, non-judgmental credit counselling.

Credit Counselling Mississauga – Struggling to make your minimum payments? Are debt problems affecting your sleep, health, or relationships? We can help put an end to your stress. We serve all of Mississauga and surrounding areas.

Canada’s Leading Non Profit Consumer Credit Counselling & Debt Solutions Service Provider

We are a non-profit consumer credit and debt counselling service providing debt solutions and help in Mississauga. Our highly trained and professionally accredited Counsellors can help you explore all of your options and find the best solution. We can help you:

Create a spending plan to manage all of your living expenses

We can help you with your debt. Review your options in Mississauga with one of our qualified credit counsellors.

Not sure where to start in finding help for your specific financial situation? Answer these 4 easy multiple-choice questions to get pointed in the right direction. All you have to do is click the boxes that apply to you and then the green button when you're done.

Addressing my debts Creating or reviewing my budget Improving my financial knowledge (how credit works, credit report, etc.) Saving for a specific goal, such as retirement, a vacation, or major purchase Business-related issues (e.g. debt, operating losses, etc.)

2. Do you currently carry balances on any of the following? (Check all that apply)

Unsecured debts (e.g. credit cards, unsecured lines of credit or loans, payday loans) Secured debts (e.g. mortgages or secured lines of credit, car loan) Payday loans Government debts (e.g. taxes, student loans, EI) Service providers (e.g. phone/internet, utilities, gyms etc.)

I pay off my balances in full each month I carry a balance but my debts are in “good standing” I carry a balance and I am behind in my regular payments I am receiving collection calls, letters, or threats to repossess assets I have been sued by one or more creditors

4worldlovers: Our credit counselling services provide our clients with guidance on money management, consumer credit, budgeting, and debt management. Our credit counselling services aim to help you get your finances on track without having to file for bankruptcy. Our credit counsellors will negotiate with creditors on your behalf and urge them to reduce your interest rates and late payment fees. We will take you through the following credit counselling phases:

The first phase of our credit counselling process involves a thorough analysis of your current financial situation. Our credit counsellor will seek details regarding your income, assets, debts, and expenses. You should be transparent at this point and disclose all your relevant financial details to the credit counsellor. The financial assessment enables the credit counsellor to obtain information to create a practical solution for your debt crisis. The financial assessment phase may feel uncomfortable, and most people often feel like they are revealing too much personal information to the credit counsellor. Even if this phase may feel like an invasion of privacy, our credit counsellors have good intentions, and all they aim at is to get your finances on track

After the financial assessment phase, we will have ample information regarding your financial situation. This will help us to craft the best debt solution that suits your financial situation. We will help you understand the debt solutions available to you, and recommend the best approach to handle your debts.

4worldlovers: Consumer proposals are legal abiding debt settlement agreements, which are filed with a certified bankruptcy trustee, to pay back a creditor a certain proportion of what you owe in interchange for complete debt forgiveness.

Payment of proposals are interest-free and could be spread out over a maximum of five years. To this effect, this can lead to about 70% to 80% of savings.


Your terms of payment depend on the negotiation between what you can afford to pay and what your creditor expects to get. Acting as an administrator for consumer proposals, your certified bankruptcy trustee will meet with you to help determine how much you have to offer and to evaluate your financial condition.

As an honest but unfortunate debtor, you may choose to use the legal process of bankruptcy, regulated by the Act, to obtain a discharge from your debts (subject to reasonable conditions). Declaring bankruptcy means that your secured creditors cannot take legal steps to recover what you owe them, such as seizing your property or garnisheeing your wages.

If you owe more than $1,000 and have carefully reviewed all your options, declaring bankruptcy may be the right choice to make.

If you’re involved in a close financial relationship, it is possible to file a joint assignment that will be dealt with as one file. Your debts must be substantially the same, and the trustee must believe it is in the best interest of all parties.