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DebtCare Offers Debt Consolidation and Debt Help to Cambridge/Kitchener/Waterloo Residents
Dealing with debt in Cambridge, Kitchener and Waterloo
If you have been seeking help with debt, you may have visited (or thought about visiting) a number of places:
- Your Cambridge/Kitchener/Waterloo bank for a debt consolidation loan
- A Bankruptcy Trustee in Cambridge/Kitchener/Waterloo
- Consumer Credit Counselling in Cambridge/Kitchener/Waterloo
Realizing that your debt has become unmanageable can be confusing and stressful. There are so many reasons that people cannot pay their debts. Unexpected job loss, disability, divorce, addiction, failed businesses, issues with children, mismanagement of credit and income taxes are all common causes of financial crisis.
DebtCare Canada is different. We are NOT a bankruptcy trustee and we don’t ONLY offer credit counselling.
We are a team of seasoned financial professionals who are capable of dealing with all types of financial situations. We leverage programs that have been made available by the Federal Government to help people deal with debt. These programs stop most wage garnishments and other collections and in most cases do not involve bankruptcy.
To find out more call DebtCare Canada at 888-890-0888
The Economy in Cambridge, Kitchener and Waterloo
More than 500,000 people live in the Kitchener, Cambridge Waterloo region. The region’s economy has largely been fuelled by the automotive manufacturing industry and unfortunately lost 1500 jobs in 2008 with the closure of Budd Canada. According to the 2006 Census 24% of the labor market in the region is in the manufacturing sector.
From December 2009 to December 2010, the labor force of the Kitchener-Waterloo economic region increased by 12,000 while employment rose by 17,200.
The number of unemployed people fell by 5,300, causing the unemployment rate to decline from 8.0% in December 2009 to 7.1% in December 2010. Over the same period, the provincial unemployment rate fell from 8.3% to 7.5%.