Welcome to My Online Home
My philosophy is simple: “Your credit rating is not a reflection of your personal worth, it is merely a credit industry tool”.
I am an Insolvency Counsellor in Canada who helps those worried about debt and credit regain their financial independence and experience debt relief. I started my own company Solutions Credit Counselling Service in 1999 because I felt there was a clear void in the industry for honesty and integrity in offering 100% confidential and unbiased credit counselling, debt consolidation and credit education services.
To help women with money has been a dream of mine for many years. Finally, Women and Money is here! I help women understand personal and business finance.
MargaretJohnson.ca
Beware of Debt Settlement Scams
Written by Margaret Johnson Wednesday, 16 May 2012 08:49
If you are knee-deep in debt, you have likely noticed recent radio and TV ads featuring a well-known Canadian celebrity with a sonorous voice pitching a “debt-settlement” program that promises to pay off overdue loans at a fraction of the original amounts owed. Sounds too good to be true? Well apparently it is.
Saskatchewan BBB warns about debt relief scams
Written by Margaret Johnson Tuesday, 15 May 2012 08:04
The Better Business Bureau of Saskatchewan been receiving inquiries from consumers who have been contacted by debt relief services promising to lower rates and help with their debt.
BBB Saskatchewan has some tips to help consumers separate legitimate credit counselling services from scams:
Consumer Alert: Debt Settlement
Written by Margaret Johnson Thursday, 10 May 2012 06:37
The Ontario Government’s Ministry of Consumer Services is the latest government body to issue a consumer alert “warning consumers to exercise caution when considering a contract for debt settlement services.” They warn that “complaints about companies offering debt settlement services are increasing,” and “most of the complaints are about unclear or misleading contracts, excessive fees, and failure to reduce debts as promised.”
If you are considering using a debt settlement company read the following official government warnings and learn the difference between debt consolidation and debt settlement. Make an informative decision!
Government of Canada Consumer Alert
Ontario Government Consumer Alert
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