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FAQ'S

Q: What is a DebtMakeover? Answer
A : A Brand New Home Study Program that helps Reduce and Eliminate ALL Mortgage, Credit Card and Loan Debt. We will take you by the hand and design a successful customized blueprint with our series of 12 CD/DVD Personalized Learning Modules. We will provide unlimited 24-7 ongoing support and guidance combined with motivating and empowering Secrets, Strategies and Simple Solutions to “Reduce Debt and Create Wealth”.
Q: What is a Debtologist? Answer
A : A Professional DebtMakeover Manager that will provide you with unlimited 24-7 ongoing support and guidance in order to Reduce Debt and Create Wealth.
Q: How often are workshops?  Answer
A : Monthly
Q: How long is the Reduce Debt and Create Wealth Workshop? Answer
A : The workshops are usually 2 - 4 hours long.
Q: Do you process mortgages? Answer
A : No, we refer them to our partners or affiliates.
Q: What is a Debt Ambassador?  Answer
A : A DebtMakeover representative that is reimbursed for providing clients the opportunity to attend DebtMakeover workshops and subsequently purchase products and/or services.
Q: How can I become an Affiliate? Answer
A : Complete online Affiliate Form
Q: How can I become an Ambassador? Answer
A : Complete online Ambassador Form
Q: How do I register for an upcoming workshop? Answer
A : Simply click here and complete Registration Form.
Q: How long have you been processing DebtMakeovers?  Answer
A : We have been successfully providing DebtMakeovers for 15 years to thousands of clients.
Q: Is a DebtMakeover a consolidation loan? Answer
A : No, A DebtMakeover is a Detailed Financial Analysis and Process in order to provide clients with ongoing support and guidance combined with Secrets, Strategies, and Simple Solutions to Reduce Debt and Create Wealth.
Q: Do you check my credit for a DebtMakeover? Answer
A : Yes, if you wish to take full and complete analysis.
Q: How long does the DebtMakeover Financial Analysis take? Answer
A : Initial analysis takes approximately 1 to 5 business days.
Q: Can a DebtMakeover be processed even if I have bad credit? Answer
A : Absolutely! A DebtMakeover can be done with any income level or any debt level!
Q: How do I become a member? Answer
A : Call us at 416-410-DEBT (3328) or attend any DebtMakeover workshop. You can also request membership online. (Coming soon)
Q: What does a Membership include? Answer
A : Visit our Membership page for full and complete details.
Q: Can I Submit my Success Story? Answer
A : Yes, You can go to Success Stories and submit your story on the form on the top of page.
Q: Why should I get a DebtMakeover? Answer
A : To Reduce and Eliminate ALL Mortgage, Credit Card, and Loan Debt and start Creating Wealth.
Q: Who should get a DebtMakeover? Answer
A : • Any Debt Level • Any Income Level • Good or Bad Credit • Homeowner or Renter
Q: How long have you been processing DebtMakeovers? Answer
A : We have been successfully providing DebtMakeovers since 1993 to thousands of satisfied students.
Q: Who will be giving me a DebtMakeover? Answer
A : You will receive monthly course material and a Debtologist will be there to guide you
Q: Who will be giving me a DebtMakeover? Answer
A : You will receive monthly course material and a Debtologist will be there to guide you.
Q: Is a DebtMakeover a consolidation loan? Answer
A : No, A DebtMakeover is a Detailed Financial Analysis and Process in order to provide clients with ongoing support and guidance combined with Secrets, Strategies, and Simple Solutions to Reduce Debt and Create Wealth.
Q: How do I start my DebtMakeover? Answer
A : Go to the DebtMakeover page and take the first step!
Q: What are the CDs that I receive? Answer
A : The CDs vary depending on the course taken.
Q: Where should correspondence be mailed? Answer
A : To the Head Office address in the Contact Us page.
Q: How do I get a DebtMakeover? Answer
A : It’s as Easy as 1-2-3! Just go to DebtMakeover to get started.
Q: Why should I become a DebtMakeover Student? Answer
A : • Be Financially Informed and Educated for Life • Reduce Monthly Payments by up to 62% • Be Debt/Mortgage Free in 9 years or Less • Make your Mortgage Tax Deductible • Earn 12-33% on your Money • Create Wealth
Q: What does the DebtMakeover Program include? Answer
A : There are various Courses and Topics.
Q: How long does the DebtMakeover last? Answer
A : It is ongoing with different monthly courses.
Q: How much does the tuition cost? Answer
A : Go To DebtMakeover Program for details.
Q: Can I arrange a payment plan for my tuition fee? Answer
A : No payment plan is available right now.
Q: Can I get a refund on my enrolment if I am not happy? Answer
A : Yes, if you are not satisfied with the DebtMakeover program within a year of enrolment we will refund 100% of your tuition within the last month of the 365 days of your program.
Q: How can I cancel my enrolment? Answer
A : Call us and speak to your Debtologist.
Q: How do I purchase an item? Answer
A : Click on Web Store button. Select your item and add to cart then complete the form.
Q: Is there a delivery charge? Answer
A : In some cases, yes.
Q: What are the methods of payment? Answer
A : Major credit card(s), Paypal, and Cheque.
Q: Can I purchase an item with cash or debit? Answer
A : No
Q: How long will it take for the product to be shipped? Answer
A : Products are shipped within 5 to 30 business days.
Q: Do you provide gift certificates? Answer
A : No
Q: Can I refund my purchase? Answer
A : Yes, but conditions apply.
Q: How do I sign up to attend an event/workshop? Answer
A : You can sign up online. Click the event or workshop you would like to attend and pick the date you’re requesting. Click on Register Now and fill out the form.
Q: Is there a cost to attending the events? Answer
A : Most events and workshops are complimentary but there are costs to some of them and all costs are stated.
Q: Can I bring a friend to an event/workshop? Answer
A : Yes. A secondary friend or spouse is complimentary on most of our events and workshops.
Q: How often do you have events and workshops? Answer
A : Events and workshops usually take place on a monthly basis.
Q: How long do the events usually last? Answer
A : Events last for a minimum of one hour. It states under the event or when you click on more info how long each event will be.
Q: Where are the events/workshops located? Answer
A : Location of the event is marked when you click on more info or underneath each event and topic.
Q: How many people attend the events/workshops? Answer
A : Events consist of anywhere from 20 to 2000 people.
Q: Where can I get my credit bureau? Answer
A : You can obtain your credit bureau from the credit bureau companies: Equifax, Transunion, and Northern Credit Bureau/Experian.
Q: What is Your Typhoon Ratio (Y. T. R.)? Answer
A : Y. T. R. is a Ratio of how much of your income you should be using to pay down your debt.
Q: How can I reduce my monthly payments? Answer
A : Start a DebtMakeover.
Q: What is the Rule of 72? Answer
A : Divide interest rate return into 72 and that is how long it will take your money to double. For example, 72 / 12 = 6 years. Therefore, it will take 6 Years to double the original investment with an interest rate of 12 %
Q: What is a Mortgage Savings Account (M. S. A.)? Answer
A : M. S. A. is a Special Account to pay off ALL Debt, Mortgage(s), and yourself
Q: What services can a Debtologist provide me? Answer
A : Support and Guidance.
Q: Where can I find a Debtologist in my area? Answer
A : Go to Find Debtologist page.
Q: How can I become a Debtologist? Answer
A : Go to Careers page.
Q: Do you have to be licensed? Answer
A : No
Q: How long does it take to become a Debtologist? Answer
A : Four to eight weeks.
Q: How often is your newsletter published? Answer
A : Quarterly
Q: How can I sign up for your newsletter? Answer
A : Click on Newsletter and fill out the form
Q: Do I have to pay to receive the DebtMakeover newsletter? Answer
A : The trial newsletter membership is free.
Q: How will I receive the newsletter? Answer
A : The newsletter is sent via email or direct mail.
Q: How can I cancel my newsletter subscription? Answer
A : If it is via email you may cancel the newsletter in the unsubscribe section.
Q: May I advertise in your newsletter? Answer
A : In some cases, yes. If you would like to advertise in our newsletter click on the Contact Us button and fill out the form. In some cases, yes. If you would like to advertise in our newsletter click on the Contact Us button and fill out the form. In some cases, yes. If you would like to advertise in our newsletter click on the Contact Us button and fill out the form.
Q: Can a DebtMakeover be processed even if I have bad credit? Answer
A : Yes, a DebtMakeover can be processed with any credit.
Q: Why should I get my credit bureau? Answer
A : You should get your credit bureau on an annual basis to see if there are any errors.
Q: How can I get my credit bureau? Answer
A : A credit bureau can be obtained by contacting us. We can send you a free form or guide you to the credit bureau companies’ online services.
Q: How often should I get my credit bureau? Answer
A : A credit bureau should be obtained on an annual basis.
Q: Who are the major credit bureau companies? Answer
A : The names of the major credit bureau companies are Equifax, Transunion, and Experian/Northern Credit Bureau.
Q: Why should I get my credit score? Answer
A : A credit score is very important to see what the best rates you can attain are.
Q: Do you check my credit bureau for a DebtMakeover? Answer
A : In order to take full advantage and to get all of the benefits of a DebtMakeover a credit bureau is required.
Q: Do you check my credit for a DebtMakeover?  Answer
A : Yes, if you wish to take full advantage and complete the analysis. Yes, if you wish to take full advantage and complete the analysis. Yes, if you wish to take full advantage and complete the analysis.
Q: Where is your head office? Answer
A : Our head office is located in Richmond Hill, Ontario, Canada.
Q: Is there a phone number I can call to speak to somebone? Answer
A : Yes, Call (416) 410-DEBT (3328) 9 a.m. to 5 p.m. Eastern Time
Q: What are your hours of operation? Answer
A : Our hours of operation at our head office are 9 a.m. to 5 p.m. Eastern Standard Time.
Q: What do you consider as a group? Answer
A : group is usually anywhere from 20 or more people. It is any one of the categories under the Groups page.
Q: How long will it take for me to reduce my debt with a DebtMakeover? Answer
A : You should see results within 1 to 12 months.
Q: How can I make my Mortgage Tax Deductible? Answer
A : t is one of the courses of the DebtMakeover Program
Q: How can I sign in if I forgot my password? Answer
A : Click on Forgot My Password in the Log In page and one will be emailed to you.
Q: When can I log in to my account? Answer
A : You can log in to you account 24 hours a day, 7 days a week, 365 days a year.
Q: Why should I become an Ambassador? Answer
A : To earn extra income.
Q: What benefits will I receive as an Ambassador? Answer
A : The benefits are listed under the Ambassador button.
Q: Are there any costs to become an Ambassador? Answer
A : Yes there are costs and it is clearly explained when you click on the Ambassador button.
Q: Who looks after the Ambassadors? Answer
A : There is a regional Ambassador who takes care of them
Q: Is there a support system? Answer
A : Yes, we have a wonderful support system to help Ambassadors earn more money.
Q: Are there any meetings or training to attend? Answer
A : Yes.
Q: How often is compensation paid? Answer
A : Compensation is paid on a monthly basis.
Q: Why should I become an Affiliate? Answer
A : Become an affiliate to earn extra money by referring your clients or friends to us as we do the same for you to create a win-win partnership.
Q: What benefits will I receive as an Affiliate? Answer
A : The benefits are monetary.
Q: Are there any costs to become an Affiliate? Answer
A : No, there is absolutely no cost to become an affiliate.
Q: Who do I contact? Answer
A : : Someone will contact you after you fill out the form on the Affiliate page and it is usually an Affiliate Regional Manager
Q: What compensation is there? Answer
A : Compensations exist with different programs.
Q: How can I refer a friend? Answer
A : Refer a Friend by going to the Refer-a-Friend button and filling out the form.
Q: Why should I refer a friend? Answer
A : You should only refer a friend if you feel that our service would benefit them.
Q: Do you give out lists to other parties? Answer
A : We definitely do not sell our lists to other parties as per our privacy policy.
Q: What careers do you offer? Answer
A : Click on the Careers button and the careers are listed in the drop down on the form.
Q: May I become a speaker? Answer
A : Yes, you can become a Speaker by clicking on the Careers button and filling out the form. You should also include any relevant experience in the Comments box.
Q: How can I get a media kit?  Answer
A : Please fill out the form under the Media button and one will be mailed to you immediately.
Q: How can I submit my success story? Answer
A : : To submit a success story go to Success Stories and submit your story.
Q: Do all success stories get published on the website? Answer
A : No
Q: Why aren’t last names included in success stories? Answer
A : Last names are not included in success stories to keep the privacy of those clients who shared their experiences.
Q: Why aren’t last names included in success stories? Answer
A : Last names are not included in success stories to keep the privacy of those clients who shared their experiences.
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