The debt help industry is one of the most unregulated industries in Canada, with many companies offering services that can do more harm than good. If you’re looking for a legitimate debt help company, there are five things to look out for: BBB rated, Google Reviews, legal credentials, licensed with corporations branch and privacy policy.

BBB Rated

You can use the BBB to learn more about a company’s reputation. The Better Business Bureau is a non-profit organization that has been around for over 100 years and provides reviews of businesses in your area. The mission of the BBB is to promote trust between consumers and businesses, so it’s an ideal source for information on debt help companies.

Google Reviews

When you’re looking for reviews, you want to make sure that they’re actually from real people. There are some companies out there who pay for positive reviews, so if someone has a review that says “This company was awesome! They helped me get rid of my debts and now I have more money in my pocket than ever before!” it might be suspect.

If a company isn’t getting many reviews (or any at all), this may indicate that their services are either not well-known or not sought after. This is something worth considering before choosing a debt help service provider as they may not provide anything above and beyond what is already provided by your existing creditors.

  • Make sure that the debt help company you are dealing with is licensed with the corporations branch.
  • Check to see if your company has a Better Business Bureau rating, and if it does, make sure it’s an A+ or better.
  • Look for a privacy policy on the company website that protects client information from being shared or sold to third parties.

Licensed with corporations branch

You can also verify whether a debt help company is legitimate by checking that they are registered with the Corporations Branch, an agency of the Government of British Columbia. The official website of this organization is https://www.ic.gc.ca/eic/site/cd-dgc.nsf/eng/home.

The Corporations Branch is a good indicator that your debt help company will treat you fairly and make sure you get what you’re owed, so always make sure that your chosen provider has been registered here before signing up for any kind of debt management program.

Privacy Policy

A privacy policy is a legal document that defines how a company will handle any personal data they may collect from you. It also outlines what information they retain, how long they keep it and who they share it with.

It’s important to have one because it gives you more control over how your personal information is used by a company – as well as protection in case anything goes wrong.

Conclusion

In the end, it’s important to remember that there are many companies out there claiming to help with debt problems. It is up to you as an individual to ensure that they are legitimate and won’t take your hard earned money without return. If you’re unsure about any company then please do research before making any decisions!