Introducing the only Alberta-based non-profit credit counselling agency.
We’ve helped thousands of Albertans reduce their personal loan debt and regain control of their finances.
- Affordable and Stress-Free Personal Loan Repayment Solutions
- Personalized Guidance and Support
- A Positive Alternative to High-Interest Debt
“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.
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One Simple Repayment Strategy
We help you manage personal loan payments by negotiating lower interest rates where possible and consolidating multiple loans into one manageable plan.
Protection from Overwhelming Debt
Avoid falling behind on high-interest loans and gain a clear, structured plan to repay your personal loans faster.
No Hidden Fees
Money Mentors provides expert guidance without unexpected costs or upfront charges, helping you focus on repayment.
Expert Guidance & Free Resources
Access Certified Financial Counsellors, interest-reduction strategies, and budgeting tools to manage personal loans and other debts effectively.
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 Albertans repay personal loans and improve long-term financial stability.
Local Experts Who Understand Your Reality
Our Certified Financial Counsellors live and work in Alberta communities, understanding the local economy, cost of living, and challenges.
More Than Just Debt Help
From budgeting and money coaching to financial literacy programs in schools, we help Albertans of all ages thrive financially.
4 Steps to Reducing Personal Loan Debt
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 review your loan balances, interest rates, and financial goals.
Step 2
Explore Your Options
Learn strategies to reduce interest rates, consolidate multiple loans, and create a manageable repayment plan. We explain pros and cons so you can make informed decisions.
Step 3
Build Your Plan
Together, we’ll create a personalized action plan to reduce interest charges, manage monthly payments, and improve your financial health.
Step 4
Start Reducing Debt Confidently
Follow your plan month by month with our ongoing support, tools, and education to stay on track and eventually become free from high-interest personal loans.
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
Benefits of Personal Loan Debt Management Through Money Mentors
- Reduce high-interest personal loans through repayment strategies and consolidation
- Lower your monthly payments while paying off debt faster
- Avoid hidden fees or costly interest traps
- Improve money management skills through free financial seminars and resources
Frequently Asked Questions
How can I pay off my personal loans faster?
By reducing interest rates, consolidating multiple loans, and creating a structured repayment plan, you can repay debt efficiently.
Are there hidden fees for your guidance?
No. Money Mentors is a non-profit. We provide education and counselling without hidden fees or surprise costs.
What if I have multiple personal loans and other debts?
We help you combine repayment strategies, track balances, and reduce overall interest, making your monthly payments more manageable.
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Feeling overwhelmed these days? Let us help.
