This is a Canada news story, published by theprovince, that relates primarily to the Credit Counselling Society news.
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unsecured debttheprovince
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64% Informative
In Canada , it’s important to understand your rights and responsibilities when dealing with collection agencies.
Debt collectors are allowed to contact you and request payment for money you legitimately owe.
Each province has specific rules governing debt collection, so arming yourself with information about these regulations can help you feel more in control of your situation.
Debt settlement involves negotiating with your creditors to reduce the total amount of debt you owe and then making one lump sum payment to settle your debts.
Settlement is not an option for many people because they don’t have access to a lump sum of money.
The payment is based on your budget, and when arranged through a non-profit organization like the Credit Counselling Society , creditors often support clients, like yourself, by lowering or waiving ongoing interest charges.
VR Score
54
Informative language
46
Neutral language
51
Article tone
informal
Language
English
Language complexity
56
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
long-living
External references
25
Source diversity
9