This “quick fix” can end up costing you a lot more money, without chipping away at your debt. Instead of turning to an unregulated, unlicensed debt advisor, consider speaking with a Licensed Insolvency Trustee (LIT).
LITs offer independent, unbiased advice about dealing with debt. They are required to assess your financial and personal situation and to discuss all options available for solving financial difficulties, including insolvency and non-insolvency options. And you can know that you’re dealing with someone who has proven they have the knowledge, experience and skills to be granted a licence from the Office of the Superintendent of Bankruptcy.
LIT services are available across the country, even in remote locations. Usually the first consultation is free, so you can get reliable advice with no commitment and no upfront fees.