Synergy Debt Group is Now Licensed in Alberta as Well as Ontario

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Synergy Debt Group is proud to announce that it is now licensed to provide debt management services in Alberta and Ontario.

Synergy Debt Group of Canada

The mission for the Synergy Debt Group is to deliver to every customer a personalized financial solution that utilizes tried and tested methods in debt management.

Synergy Debt Group is proud to announce that it is now licensed to provide debt management services in Alberta and Ontario. Both provinces have reviewed Synergy's policies, fees and contracts and have found they meet all provincial requirements and laws. Obtaining a license for a debt management company in Canada is a very laborious task that requires the provinces to thoroughly investigate the company and its practices. Links to Synergy Debt Group's license can be found at their website http://www.synergydebt.ca.

Debt management services such as Synergy Debt Group's are needed more in a very unstable Canadian economy.

The Toronto Sun recently reported in an article, that the average debt load per Canadian consumer rose 4.5% this quarter over the same period last year, according to new figures compiled by TransUnion, a credit profile company. That works out to $1,000 per person, not including mortgage costs. Credit card, line of credit and auto-loan debt jumped most in Quebec and Newfoundland and Labrador, with gains of 7.8% in both provinces. Quebec's total average debt load per consumer stood at $18,025 for the quarter. Newfoundland's was $23,372. The national average is now $25,597. "Our first-quarter data shows a continued increase in the total debt per consumer, although the trend still remains modest compared to the double-digit, pre-recession levels,"said Thomas Higgins, TransUnion's vice-president of analytics. Canadians rang up five per cent more in personal debt in the first three months of 2011 compared with 2010, according to a report released Wednesday.

About Synergy Debt Group

The mission for the Synergy Debt Group is to deliver to every customer a personalized financial solution that utilizes tried and tested methods in debt management.

Each customer is offered a personalized one on one service with Synergy's trained customer care representatives. By using sound financial education and management programs, clients are enabled to solve their financial problems quickly. Customer care representatives are trained to listen attentively to customer's concerns and to make recommendations based on an exhaustive knowledge-base of information.

Synergy Debt Group enables consumers caught in the, "Minimum Monthly Payment Trap" to become debt free, providing an alternative to bankruptcy and the damages that come with it.

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Abbigail White

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