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The journey out of debt

Understand how credit works and how to take control of debt with a low income.

Time frame: 60 min


  • learn what credit is and how it works
  • understand the difference between good debt and bad debt
  • the cost of debt, particularly bad debt and only making minimum payments
  • how payday loan companies operate and the cost of borrowing from them
  • understand how debt can pile up and how this can have negative consequences on future financial plans
  • learn how to take control of debt, including assessing the amount of debt, debt repayment options, dealing with creditors, and collection agencies and rules


  • how credit works
  • benefits and risks
  • cost of buying on credit
  • payday loan companies
  • how debt accumulates
  • how to take control of your finances (dealing with debt)
  • resources
  • Q & A


For answers to your questions, please email us.

Proudly sponsored by Canada Life, our National Development Sponsor.


We will provide a CPA volunteer to lead the session with a prepared presentation, activities, handouts and worksheets. Note: If more than one session is needed, please fill out a second form and submit.

Request guidelines:

  1. 12 weeks’ notice needed to setup a session.
  2. Requests must be submitted by the request deadline.
  3. If more than five sessions are needed, please contact us directly.

For more information, visit setting up a financial literacy session.