Press Releases

Consumers in Crisis: Debt Reduction Programs Required

Eighty six percent of Canadians aged 19 to 64 live in households which carry debt.  With the Bank of Canada’s warning of an impending rise in interest rates the consequences for Canadian consumers will be devastating. 

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On July 7th, 2011, posted in: Press Releases by kgdebt

Low Interest Rate and Reward Point Credit Cards Are Not Enough

(Courtenay, BC)…76% of consumers will experience a life tragedy (hardship) that will seriously compromise their financial circumstances. With the recent economic down turn, many consumers are becoming informed applicants of credit. Canadian debt settlement expert Bonnie Krisher, founder of K&G Debt & Credit Professionals, uses her ongoing experience with negotiating debt settlements with creditor’s, as a resource [...]

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On April 15th, 2011, posted in: Press Releases by admin

Employment Layoffs-Only Credit Card Companies Win!

CALGARY, ALBERTA–(Marketwire – Sept. 3, 2008) – Major credit card companies see a 56% net profit annually from consumer debt. With recent layoffs and pending layoffs, the resulting victims of unemployment are sitting ducks for acute financial disability. With a loss of employment these days the consequences are more extreme than ever. According to researchers, [...]

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On September 3rd, 2008, posted in: Press Releases by admin

Debt Elimination is Possible

CALGARY, ALBERTA–(Marketwire – Aug. 14, 2007) – 85% of consumers are only one or two paycheques away from bankruptcy. With a highly inflated real estate market over the past half decade and increasing interest rates, many consumers are teetering on the edge of financial destruction. Debt Arbitration expert Bonnie Krisher, founder of K&G Debt & [...]

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On August 14th, 2007, posted in: Press Releases by admin