Introducing the only Alberta-based non-profit credit counselling agency.
We’ve helped thousands of Albertans become debt free in 5 years or less.
- Exclusive Provider of the OPD Program
- Affordable and Stress-Free Debt Consolidation
- Personalized Guidance and Support
- A Positive Alternative to Bankruptcy
“The strain and stress on our immediate lives changed almost overnight.”
Ron H | Verified Google Rating
Years serving Albertans
More than 28 years
Helped Albertans Pay Back
Over $450 million
Albertans Helped
Over 200,000
We'll reach out—just tell us when works for you.
Money Mentors' certified financial counsellors are available Monday to Saturday, including Monday to Thursday evenings.
Contact Form
One Simple Monthly Payment
Consolidate all unsecured debts into one manageable payment with a fixed 5% interest rate
Protection from Creditors
Collection calls stop, wage garnishments end, and you gain financial peace of mind.
No Set-Up Fees or Hidden Charges
Zero upfront costs make it easier to take control of your debt without added financial strain
Expert Guidance & Free Resources
Access personalized debt counselling and free education to build a stronger future.
What Our Clients Have To Say
“Today I finished paying off my OPD program debt! I can’t thank Yve Boucher and the others on the Money Mentors team enough for all of their guidance. Throughout the 2 years that I worked with Yve she was always a call or an email away and I received guidance when I needed it and in a timely manner. I recommend Money Mentors to anyone that is struggling to get back into good financial shape. Shanae!! Meara Unfortunately, the debt was created by my half sibling and my father from stealing and reselling my property and not paying my bills and stealing my profits. So that’s awesome.. sometimes it’s not your fault.”
“Sharon’s ability to breakdown complicated business topics into easy to understand concepts is second to none! Her support has elevated my business acumen and I’m grateful for her guidance, mentorship, and wisdom. Thank you for the amazing work you do!”
“I am ashamed to be writing this review so many months after receiving the wonderful and timely advice from Alexander Martin, Counsellor with Money Mentors, Calgary, Alberta. I contacted him after carefully reviewing their website, back in November of 2024, and he graciously and extremely patiently explained the various aspects of handling my personal debt. I was so ashamed for allowing myself to fall into this trap of credit card debt. I should have known better. And for that reason, I was adamant that I needed to pay off the debt myself. I was not prepared to forgive myself for the fact that had I not been diagnosed with 3 types of cancer in 2016 and forced to quit work, I would have been able to meet my own commitments, but I chose to remain angry, lonely, and growing further in debt with increasing interest fees monthly. I was 75, and if I could just get a part time job... but after a whole year of applications and job fairs, that was not to be. Alexander was so kind; he explained the facts, and how so many Canadians fall into this trap annually, whether through illness, bad choices, job loss, or whatever other circumstance. He eased my guilt, and allowed me to see the light again. While Money Mentors does not handle the particular solution to my own problem, he was the guiding light on my journey towards the rest of my life and freedom. I did not bite the bullet finally until August of 2025, by the time I selected a Trustee to work with, but I am now well on my way. Thank you Alexander; I could not have done it without you! Barbara”
Why Money Mentors?
The Only Alberta-Based Non-Profit Credit Counselling Agency
We’re proudly Alberta-based and committed to helping our communities—not shareholders. As a non-profit, your success is our bottom line.
Local Experts Who Understand Your Reality
Our Certified Financial Counsellors live and work in the same towns and cities you do. That means we understand Alberta’s economy, cost of living, and challenges.
More Than Just Debt Help
From budgeting and money coaching to financial literacy programs in schools, we’re here to empower Albertans of all ages to thrive financially—for life.
Government-Approved Orderly Payment of Debts Program
We’re the only organization in Alberta authorized to offer this unique program that consolidates your debts into one affordable monthly payment.
What is the Orderly Payment of Debts (OPD) program?
Pretty much all Albertans have some debt, but when debt becomes overwhelming, it can be difficult to see a way forward. Money Mentors offers a unique debt consolidation repayment plan called the Orderly Payment of Debts (OPD) program, a federally legislated solution under the Bankruptcy & Insolvency Act (BIA) and monitored by the Province of Alberta.
Designed to be flexible, it fits any Albertan’s lifestyle and life circumstances, making it a stress-free way to consolidate all unsecured, government, and student loan debt into one easy payment plan. With a fixed 5% interest rate and a clear path to becoming debt-free within five years, the OPD program helps clients regain financial control. Based in Alberta, Money Mentors is a non-profit organization and the exclusive provider of this program.
4 Steps to Becoming Debt-Free
As Alberta’s only non-profit credit counselling agency, we’re here to help—not to sell. Our proven process puts your needs first, offering the clarity and support you need to take control of your finances.
Step 1
Speak With a Certified Financial Counsellor
Connect with one of our non-profit, Certified Financial Counsellors for a confidential, no-obligation conversation. We’ll get to know your financial situation and goals.
Step 2
Explore Your Options
You’ll receive unbiased advice on all the options available such as support and repayment plans. We’ll explain the pros and cons of each so you can make the best decision.
Step 3
Build Your Plan
Together, we’ll create a personalized action plan that works for you. Whether it’s the Orderly Payment of Debts program or another solution, we guide you every step of the way.
Step 4
Start Living Debt-Free
With your plan in place, you’ll make progress month by month. We offer ongoing support, tools, and education to help you stay on track and stay debt-free for good.
How David Paid Off $36,000 of Debt to Regain Financial Freedom
How Cheryl Created a Debt-Free Future for Her Family
How the Orderly Payment of Debts Alberta Helped This Father Pay Off $60K in Payday Loan Debt
What's the difference between the OPD program and bankruptcy?
What debts are covered under the OPD program?
Credit cards
Personal loans
Overdrafts
Lines of Credit
Unsecured loans
Phone bills
Student loans
Payday loans
Government and Business Debt
Term loans
Benefits of debt consolidation through the OPD program
- No start-up fees
- Fixed 5% interest rate
- Federally legislated
- Protection against creditor action
- Collection calls stop
- Wage garnishments stop
- Access to a Certified Financial Counsellor for added guidance and support every step of the way
- All unsecured, government, and student loan debts consolidated into 1 program.
- Clients improve money management skills by enrolling into FREE financial seminars and courses
- All unsecured debts are consolidated into one program
Frequently Asked Questions
What is the Orderly Payment of Debts (OPD) program?
The OPD program is a federally legislated debt consolidation program, monitored by the Province of Alberta, that helps individuals repay unsecured debts through a structured repayment plan with a fixed 5% interest rate.
How does the OPD program help me manage my debt?
The OPD program consolidates all your unsecured debts into one easy monthly payment, stops collection calls and wage garnishments, and ensures you pay off your debt within five years.
What types of debts are covered under the OPD program?
The program covers credit cards, personal loans, lines of credit, student loans, income tax debt, government debt, some business debt, and more.
How is the OPD program different from bankruptcy?
Unlike bankruptcy, the OPD program allows you to fully repay your debt while keeping your assets. It also has a lower impact on your credit, remaining on your report for only two years after completion. Information is available on public record whereas OPD is private.
Are there any start-up fees to join the OPD program?
No, there are no start-up fees or hidden costs. The program is designed to make debt repayment affordable and stress-free.
What additional support does Money Mentors provide?
Clients receive personalized debt counseling, access to free financial education courses, and additional resources to help them build long-term financial stability.
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