Debt Consolidation in Action: Northwest Territories
See how we’ve helped other Northwest Territorians overcome their issues with debt.
This page will show a real-life case study of how Consolidated Credit helped a Northwest Territorian overcome their challenges with debt. If you need help, call us at (844)-402-3073 or complete our easy debt analysis online.
Northwest Territories at a glance
The unemployment rate of the Northwest Territories is 8.0 per cent which is above the national average. Out of all of the territories, the Northwest Territories is the most populous. According to the 2011 National Household Survey, the population is 40,800 and most of the residents live in movable dwellings (35.6 per cent) with at least 2 people living in the home (28.9 per cent). Although, the Northwest Territories was once a booming economy for mining gold, silver and diamonds, production has decreased or stopped altogether in recent years. As a result, many Northwest Territorians are turning to debt to cope with the loss of employment to stay afloat.
Real Case Studies
Betty struggled but finished the program
The help and sound advice you gave me helped me make better decisions with my money and now I have hope for my financial future 🙂Betty from Fort Smith, NT
Where she started:
- Total unsecured debt: $29,852.75
- Estimated interest charges: $17,532.29
- Time to payoff: 14 years, 6 months
- Total monthly payments: $1,194.11
After DMP enrollment:
- Average negotiated interest rate: 0.00%
- Total interest charges: $0.00
- Time to payoff: 3 years, 6 months
- Total monthly payment: $715.00
Time Saved: 11 years, 0 months
Monthly Savings: $479.11
Interest Saved: $17,532.29
Speak to a trained counsellor today to determine your best choice.