Canam Credit Company Inc., A private lender, announces it has acquired Canada Debt Assistance & Canada Credit Services for $1.5 million.
Canada Debt Assistance & Canada Credit Services (www.canadadebt.ca) offers free financial assessments and debt consolidation programs to alleviate financial problems many people experience. By offering a debt-pooling program, customers benefit by utilizing a structured payback plan accustomed to their budget, creditors receive 100% of their principal back, and debt consultants work to reduce or eliminate the interest rate on existing debt.
"This acquisition enables Canam’s to add another valuable service that complements our money lending businesses," states James White, President of Canam Credit. "It also gives us immedimmediate presence across the country in line with our expansion plans in Canada."
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