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143 – Debt Consultants: Avoid the Extra Cost

143 – Debt Consultants: Avoid the Extra Cost

Debt Free in 30 · Douglas Hoyes

May 27, 201737m 28s

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Show Notes

For the first time ever, the federal government just issued a BOMBSHELL report, saying that it appears that two very large debt consulting firms in Canada are taking advantage of vulnerable consumers. They charge large upfront fees, and often they only service they provide is to refer you to a Licensed Insolvency Trustee.

On today's show we discuss what the government reports says about unlicensed debt consultants, and we provide practical advice for consumers on how to avoid paying for a service that you don't need.