What kind of savings can I expect through credit counseling/debt management?

AA Canada Credit Advisors requests that your creditors stop all interest charges, late fees and over the limit fees via our written notice to them at the beginning of the program. Many creditors willingly participate with us to help you work within your budget. While we cannot guarantee the savings on each program, we are able to assist you in getting out of debt with the best available arrangements the creditors have to offer. Below is an example of what you might save in interest charges if you participated in a DMP and owed a credit card company $3,500:

Total Payment Not Using Service--$7,069.98

Total Payment Using Service--$3,184.98

Amount Saved--$3,885.00

*While results vary depending on your debt, in most cases savings are significant.