This does not simply affect your ability to obtain a credit card but can in some cases affect your ability to obtain a mortgage, loan, your ability to rent, get bonded or in extreme cases it can affect your ability to gain certain types of employment.

We feel that because your good credit standing is so important, that upon assignment of your account, we assume that your debt is a communication problem and therefore in most cases have not automatically reported your account to the Credit Bureau.  Prompt payment in full will in the majority  of cases keep us from making a negative credit report against you.

If you have been contacted by our office or have received a letter from us, you have several options in which to pay the account

1. Bank of Nova Scotia

2. Bank of Montreal

3. TD Canada Trust

4. Canadian Imperial Bank of Commerce

Simply go to add payee, Northwest Territories and add Aurora Collection Services Ltd - you will locate your account number listed next to the balance owing on your letter

Questions Frequently Asked By Consumers

What do I do if a collection agency calls me?  Do not ignore the collection agency!  The debt is not going to go away therefore it is important that you respond as soon as possible.  If you do, the collection agency will continue to try to reach you to collect what they believe is a valid debt.  If you legally owe the debt you should arrange to pay it as soon as possible.

Can't I just start making payments again to the original creditor?  Once your account has become past due the full amount becomes payable in full immediately.  However a short term payment arrangement may be possible based upon your current circumstances.

Can a collection agency sue me?  YES!  The collection agency may file a civil lawsuit against you.  If a judgment is obtained usually you become responsible for the legal costs and lawyer fees.

What can I expect if I am sued and a judgment is obtained against me?  The courts provide a variety of remedies for a creditor to use if a judgment is obtained against you including but not limited to garnishment of wages and bank accounts or sheriff seizures of non-exempt items.  Even if you have been sued it is still in your best interest to contact the agency to arrange a VOLUNTARY repayment.

If my account has been sent to a collection agency, how can I get a loan to pay it in full?  Most lenders grant credit based on a variety of criteria.  if your credit rating has some negative information you should still be able to obtain a loan.  Arranging for someone to co-sign a loan for you is often an effective tool in dealing with many credit grantors as the co-signor reduces their overall risk or having equity in your home maybe used to secure a loan.  Depending on the amount of equity that you have there are lenders that have much more relaxed rules regarding lending money.  Call Aurora Collection Services Ltd for details!

What other sources of money are available to me?  Banks, family, private lenders, finance companies, mortgage brokers, retirement savings, payroll advances or holiday pay have all been used by others in similar situations as yours to pay their debts.

How to re-establish my credit now that the debt is paid? 

Once your account is paid in full contact our office, we will be happy to discuss with you how to get re-established.  However be aware of companies that offer quick fixes!  There are no quick fixes.  Re-Establishing your credit ration is a function of time.

It is recommended that individuals check their personal credit ratings at least once a year.  The links below will take you directly to either Equifax Canada Inc or TransUnion Canada websites for instructions on how to order your personal credit bureau.