Our trustee in Laval has put in place a tool to help you establish your debt ratio. The first sign of over-indebtedness is a rate higher than 40%.
You may recognize yourself through these other signs. You:
- make minimum or late payments
- have several credit cards (over 4)
- have already been denied a credit application
- have reached your credit limits on your card or on your line of credit
This type of situation can happen to you as an individual or as a business owner, and this is often a difficult time. Don’t worry, our trustee in Laval is here to help you make the right choices!