Consolidated Credit Counseling Services of Canada
Consolidated Credit Counseling Services of Canada is a Toronto-based non-profit credit counselling organization serving individual Canadians with debt management plans, credit counselling, and financial education across six major Canadian cities.
- Company typePrivate
- Founded2006
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Consolidated Credit Counseling Services of Canada does
Consolidated Credit Counseling Services of Canada, Inc. is a Toronto-headquartered, Ontario-incorporated non-profit credit counselling organization founded in 2006. Its core offering is free initial credit counselling followed by paid enrolment in a Debt Management Program (DMP), under which clients make a single monthly payment to Consolidated Credit that is then distributed to creditors while the organization negotiates reduced interest rates and waived late fees. Program terms typically run 36-48 months and form the primary revenue stream, supplemented by ancillary fee-based services (debt consolidation referrals, consumer proposals via Licensed Insolvency Trustees, bankruptcy guidance, home-equity debt solutions). Supporting infrastructure includes a Member Portal, a financial-education video and calculator library, a Spanish-language microsite, and the K.O.F.E. (Knowledge of Financial Education) workplace wellness platform sold to employers.
The organization serves individual Canadians across six provinces through offices in Toronto (two locations), Vancouver, Calgary, Winnipeg, Montreal, and Edmonton, plus a national toll-free acquisition line and web channel. The technology stack is straightforward: commercial debt-management software, a client portal, a marketing site with multi-language variants, and the K.O.F.E. education platform. No proprietary AI, machine learning, or advanced automation is disclosed. Marketing is content-led (financial-news blog, calculators, videos, Trustpilot reviews) supplemented by community outreach, scholarship programs, and a multi-year partnership with Seneca College.
Commercially, the entity operates without disclosed revenue, outside investment, or a parent company. It holds BBB A+ accreditation, accreditation from the Canadian Centre for Accreditation, OACCS membership, and Consumer Protection BC affiliation. Headcount is approximately 36 employees, which is the only quantitative operational metric provided. The combination of non-profit positioning, multi-decade operating history, and disciplined geographic footprint is consistent with a stable-services entity rather than a venture-scale business.
Consolidated Credit Counseling Services of Canada firmographics
Firmographics- Name
- Consolidated Credit Counseling Services of Canada
- Legal name
- Consolidated Credit Counseling Services of Canada, Inc.
- Website
- https://consolidatedcreditcanada.ca
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Consolidated Credit Counseling Services of Canada is a Toronto-based non-profit credit counselling organization serving individual Canadians with debt management plans, credit counselling, and financial education across six major Canadian cities.
- Ownership category
- akta.pro rank
Consolidated Credit Counseling Services of Canada industry classification
Industry- Product category
- Credit Counselling Services
- NAICS
- Activities Related to Credit Intermediation (5223)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Consumer Credit Counseling & Budgeting (FSAEAFAA)
Keywords
Where Consolidated Credit Counseling Services of Canada is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices7 records
Markets served
Consolidated Credit Counseling Services of Canada business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Debt Management Program Fees: Monthly program fees for managing debt repayment plans where clients make one payment to Consolidated Credit and funds are distributed to creditors. Interest rates and late fees are negotiated with creditors on behalf of clients.
- Credit Counselling Services: Free initial consultation with debt analysis. Fee-based services for enrolled clients including ongoing counselling, budget establishment, and creditor negotiations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Free initial consultation and debt analysis |
| Subscription | Monthly | Debt Management Program |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Consolidated Credit Counseling Services of Canada product offering
Product offeringCore offering
Consolidated Credit Counseling Services of Canada is a non-profit credit counselling organization that helps Canadians resolve unmanageable debt through free credit counselling, personalized debt management plans, debt consolidation, consumer proposals, and bankruptcy assistance. The organization negotiates with creditors to reduce interest rates and stop late fees, pools client payments, and distributes them to creditors on the client's behalf. It also offers the K.O.F.E. workplace financial wellness platform for businesses and a free library of financial education resources.
Product overview
Consolidated Credit Counseling Services of Canada operates as a non-profit credit counseling organization offering a unified suite of debt relief services centered around its core Credit Counselling and Debt Management Plan (DMP). The company provides multiple debt solutions including Debt Consolidation, Consumer Proposal, and Bankruptcy Services, plus Home Equity Solutions for clients with property. Supporting the core services are several add-on modules: a Member Portal for account management, Financial Education Videos, Financial Calculators, and the K.O.F.E. workplace wellness platform. The organization also offers a Scholarship Program and community outreach initiatives. All services integrate access to a client portal and free educational resources including videos, calculators, and expert Q&A. The company emphasizes its non-profit status while maintaining BBB A+ accreditation and operates primarily from Toronto with offices across major Canadian cities.
Differentiator
Problem solved
Functional benefit
Brands
- K.O.F.E. Knowledge of Financial Education - a user-friendly and interactive education platform for workplace financial wellness programs
Products and services
- Credit Counselling Free confidential one-on-one sessions with trained credit counsellors who analyze a client's debts, budget, and credit to recommend suitable debt relief options including qualification for a Debt Management Program.
- Debt Management Plan (DMP) Personalized debt repayment program in which Consolidated Credit negotiates with creditors to reduce interest rates and stop late fees; the client makes a single monthly payment that is distributed to creditors, typically completing in 36-48 months.
- Debt Consolidation Service combining multiple unsecured debts into a single monthly payment at a lower overall interest rate to simplify repayment for Canadians carrying balances across several creditors.
- Consumer Proposal Formal legal debt settlement option administered through a Licensed Insolvency Trustee, available to insolvent clients who qualify as an alternative to bankruptcy.
- Bankruptcy Services Guidance and assistance for individuals who cannot repay their debts through other means, including the bankruptcy filing process and post-bankruptcy financial planning.
- Home Equity Solutions Debt solutions using home equity, such as home equity loans for debt consolidation, available to homeowners who qualify.
- K.O.F.E. (Knowledge of Financial Education) User-friendly interactive financial education platform sold to employers and organizations to deliver customizable workplace financial wellness programs that build employee financial literacy.
Quantifiable outcome
- Debt-free in as little as 36 months
- +3 more outcomes
Companies that use Consolidated Credit Counseling Services of Canada
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles2 records
Consolidated Credit Counseling Services of Canada technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature2 records
Consolidated Credit Counseling Services of Canada partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- K.O.F.E. (Knowledge of Financial Education)coreK.O.F.E. is an interactive financial education platform developed for workplace wellness programs. Consolidated Credit helps businesses craft customizable financial wellness programs to help employees build financial literacy through this user-friendly platform.
- Seneca CollegecorePartnership with Seneca College spanning over three years to award the Financial Empowerment Awards - $2,500 grants to two students demonstrating financial goals. Supports students in graduating with less student debt.
- Canadian Centre for AccreditationminorAccreditation body for credit counselling services ensuring organizational standards meet Canadian accreditation requirements.
- Ontario Association of Credit Counselling Services (OACCS)minorProvincial membership association for credit counselling services in Ontario. Supports industry standards and best practices.
Scale indicators7 records
Recent moves5 records
Expansion highlights5 records
Consolidated Credit Counseling Services of Canada competitors and assessment
Company assessmentEmerging players
- Debt.ca: Canadian online debt relief comparison platform that connects consumers with Licensed Insolvency Trustees and debt consolidation providers. Competes with Consolidated Credit Canada for inbound debt-relief demand, though as a lead-generation/marketplace rather than direct credit counselling agency.
Direct peers
- Credit Canada: Canadian non-profit credit counselling agency offering debt consolidation, credit counselling, and financial education across Canada. Closest direct competitor with overlapping product suite, similar non-profit positioning, and bilingual Canadian coverage.
- Money Management International (MMI): US-based non-profit credit counselling agency providing debt management plans, credit counselling, bankruptcy pre-filing counselling, and financial education. Directly comparable in mission, product mix, and non-profit structure.
- GreenPath Financial Wellness: US-based non-profit credit counselling and financial wellness organization offering DMPs, credit counselling, housing counselling, and workplace financial wellness programs. Closely comparable business model and product mix to Consolidated Credit Canada.
- Consolidated Credit (US): The US sister organization operating under the same Consolidated Credit brand, offering credit counselling, debt management, and financial education to American consumers. Directly comparable business model, product suite, and brand architecture; often co-marketed with the Canadian entity.
- Money Mentor's Licensed Insolvency Trustee Network (Hoyes Michalos): Hoyes Michalos is a Canadian Licensed Insolvency Trustee firm operating under the Money Mentor brand, offering consumer proposals, bankruptcy, and debt consolidation services across Ontario. Directly comparable in target customer (distressed Canadian consumers) and overlapping product suite (consumer proposals, debt consolidation).
- BDO Canada Debt Solutions: Canadian Licensed Insolvency Trustee practice of BDO Canada offering consumer proposals, bankruptcy, and debt management services. Direct competitor for higher-value insolvency referrals where Licensed Insolvency Trustee involvement is required.
- MNP Debt (MNP LLP): Canadian Licensed Insolvency Trustee arm of MNP LLP providing consumer proposals, debt consolidation, and bankruptcy services nationwide. Competes for the same insolvent Canadian consumer, particularly for cases requiring Licensed Insolvency Trustee involvement.
- Springboard (Springboard Community Ventures): Canadian non-profit financial counselling organization providing credit counselling, debt management, and financial literacy programs. Directly comparable in mission, services, and Canadian non-profit structure.
Others
- National Foundation for Credit Counseling (NFCC): US-based national industry association for non-profit credit counselling agencies, providing accreditation, standards, and consumer referrals to member agencies. Comparable as an ecosystem/standards body relevant to Consolidated Credit Canada's non-profit credit counselling positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Consolidated Credit Counseling Services of Canada social profiles
Digital presenceConsolidated Credit Counseling Services of Canada compliance and trust
Trust signalCompliance2 records
Consolidated Credit Counseling Services of Canada financial estimates
Financial estimateRevenue estimate
Valuation estimate
Consolidated Credit Counseling Services of Canada leadership team
Management profileNumber of profiles
Profiles1 record
Consolidated Credit Counseling Services of Canada funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Consolidated Credit Counseling Services of Canada M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Consolidated Credit Counseling Services of Canada
What does Consolidated Credit Counseling Services of Canada do?
Consolidated Credit Counseling Services of Canada is a non-profit credit counselling organization that helps Canadians resolve unmanageable debt through free credit counselling, personalized debt management plans, debt consolidation, consumer proposals, and bankruptcy assistance. The organization negotiates with creditors to reduce interest rates and stop late fees, pools client payments, and distributes them to creditors on the client's behalf. It also offers the K.O.F.E. workplace financial wellness platform for businesses and a free library of financial education resources.
Is Consolidated Credit Counseling Services of Canada a public or private company?
Consolidated Credit Counseling Services of Canada is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Consolidated Credit Counseling Services of Canada founded?
Consolidated Credit Counseling Services of Canada was founded in 2006. It employs 11 to 50 people.
Where is Consolidated Credit Counseling Services of Canada based?
Consolidated Credit Counseling Services of Canada is headquartered in Toronto, Canada, in the North America region.
How does Consolidated Credit Counseling Services of Canada make money?
Two revenue lines are on record. Debt Management Program Fees are the primary driver. The others are credit Counselling Services.
Who are Consolidated Credit Counseling Services of Canada's main competitors?
Debt.ca is listed as an emerging player. Direct peers are Credit Canada, Money Management International (MMI), GreenPath Financial Wellness, Consolidated Credit (US), Money Mentor's Licensed Insolvency Trustee Network (Hoyes Michalos), BDO Canada Debt Solutions, MNP Debt (MNP LLP) and Springboard (Springboard Community Ventures). National Foundation for Credit Counseling (NFCC) is listed as an others.
Does Consolidated Credit Counseling Services of Canada have an API?
No public API is recorded for Consolidated Credit Counseling Services of Canada.
What industry is Consolidated Credit Counseling Services of Canada in?
Consolidated Credit Counseling Services of Canada's product category is Credit Counselling Services. Its primary akta.pro industry code is FSAEAFAA, Consumer Credit Counseling & Budgeting. Its NAICS code is 5223 and its SIC code is 6141.