Saint-Apollinaire
Expert Debt Relief & Consumer Proposals
Saint-Apollinaire, debt relief, Quebec
Saint-Apollinaire, Quebec, offers charm and community spirit but faces financial challenges for its residents. Rising living costs and high-interest borrowing pitfalls complicate financial management, especially for single parents and newcomers. While some government programs and debt relief options exist, awareness and access remain issues, making it tough for many to navigate their financial difficulties.
City: Saint-Apollinaire
Province/Territory: Quebec (QC), Canada
Est. Population: 7,968
Financial Challenges
Many people living and working in Saint-Apollinaire face tough financial times. For those struggling with money, paying for things like rent, groceries, and bills can be really hard. If someone loses their job or gets sick, they might have to borrow money from places that charge high interest rates, making it even harder to get out of debt. Single parents and newcomers to the area might find it especially difficult to manage their finances because they have fewer resources and support.
Additionally, the cost of living in Saint-Apollinaire is rising, which means everyday expenses are getting higher. This makes it harder for people with limited incomes to keep up. Finding affordable housing and paying for school or transportation can add to the stress. Even though there are some government programs and debt relief options available, not everyone knows how to access them or gets the help they need. All these factors make living in Saint-Apollinaire challenging for those who are having money problems.
Debt Relief Solutions Available
Financial Planning
You are creating a detailed plan to manage your finances, including budgeting, setting financial goals, and saving for future needs. It's about gaining control over your money, making informed decisions, and reducing the likelihood of new debt.
Find out more about Financial PlanningDebt Management Plan
Pay off your debt through consolidated payments and sometimes lower interest rates. In a Debt Management Plan (DMP), a credit counselor works with creditors to negotiate terms that make your debt more manageable, resulting in a single monthly payment.
Find out more about Debt ManagementDebt Consolidation
Combine multiple debts, such as credit card balances and personal loans, into a single loan with a lower interest rate. This can simplify your payment process and reduce the total interest charges over time, making it easier to pay down your debt.
Find out more about Debt ConsolidationDebt Settlement
Negotiate with your creditors to reduce the amount you owe in exchange for a reduced lump-sum payment. Creditors are willing to write off the debt because they receive immediate payment. Typically, these negotiations are handled by debt settlement companies.
Find out more about Debt SettlementConsumer Proposal
A consumer proposal is a legally binding agreement between you and your creditors to repay a portion of your debt over an extended period. Administered by an LIT, the proposal will outline a fixed monthly payment plan you can afford.
Find out more about Consumer ProposalsBankruptcy
Personal bankruptcy is a legal process that relieves individuals who cannot repay their debts. It involves erasing most of your unsecured debts and giving you a fresh financial start, but it also has a long-term impact on your credit rating.
Find out more about Bankruptcy
*Illustration of Saint-Apollinaire, Quebec
Debt Data
This table includes estimates on the number of residents who are experiencing financial stress situations. You are not alone.
| Item | Description | Estimated |
|---|---|---|
| Living paycheck to paycheck | Number of residents who are living paycheck to paycheck | 3,745 |
| Living in poverty | Number of residents who are living in poverty | 884 |
| Debt defaulted | Number of residents who have defaulted on a debt payment | 87 |
| Insolvencies | Number of residents who filed for insolvency | 20 |
| Consumer proposal | Number of residents who filed for a consumer proposal | 15 |
| Personal bankruptcy | Number of residents who filed for personal bankruptcy | 5 |
The estimates above are based on the following ratios living paycheck to paycheck rate (47%), poverty rate (11.1%), delinquency rate (1.09%), insolvency rate (0.25%), consumer proposal rate (0.19%), personal bankruptcy rate (.06%) from the following sources leger360.com, statcan.gc.ca, consumer.equifax.ca and is, d-isde.canada.ca.
Elimiate up to 80% of Your Debt
High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!
Areas / Neighbourhoods
Centerville
The heart of Saint-Apollinaire, Centerville features a charming mix of residential and commercial properties. Residents enjoy convenient access to amenities, parks, and community services, making it a popular choice for families.Saint-Apollinaire Est
This neighborhood is known for its tranquil atmosphere and spacious lots. With a blend of modern homes and established properties, it’s appealing to those seeking a peaceful retreat while still being close to the town’s facilities.Saint-Apollinaire Ouest
Characterized by its beautiful landscapes and access to recreational areas, Saint-Apollinaire Ouest is ideal for outdoor enthusiasts. This area offers trails and parks, attracting families who enjoy an active lifestyle.Village du Puy
A quaint neighborhood that provides a unique blend of natural beauty and community spirit. With its distinctive architecture and cozy atmosphere, Village du Puy is appealing to those looking for a tight-knit community feel.Resort de la rivière
This area boasts stunning river views and is known for its recreational opportunities. With waterfront properties and ample green spaces, it’s a sought-after location for individuals who appreciate nature and outdoor activities.
Illustration of Saint-Apollinaire, Quebec, Canada
Cost of Living
This table provides a breakdown of various average cost-of-living expenses in Saint-Apollinaire, Canada to help understand the financial requirements for different living situations.
| Item | Description | Average Cost |
|---|---|---|
| Housing (1BR) | Monthly rent for a 1-bedroom apartment | $1,270 |
| Housing (2BR) | Monthly rent for a 2-bedroom apartment | $1,750 |
| Average Home Price | Average price to purchase a home | $502,000 |
| Utilities | Monthly cost for electricity, heating, water, and garbage | $200 |
| Food (Single) | Monthly grocery cost for a single person | $300 |
| Food (Family) | Monthly grocery cost for a family of four | $850 |
| Healthcare (Rx) | Monthly cost for prescription medications | $35 |
| Healthcare (Dental) | Monthly cost for dental care | $200 |
| Healthcare (Vision) | Monthly cost for vision care | $225 |
| Transportation (Public) | Monthly cost for public transit | $1,270 |
| Transportation (Car) | Monthly cost for car ownership | $550 |
| Childcare (Daycare) | Monthly cost for daycare | $650 |
| Childcare (After-School) | Monthly cost for after-school programs | $300 |
The cost of living data is based on provincial averages and may differ between cities, towns, and rural areas.
Top Questions
- What is the cost of living in Saint-Apollinaire compared to nearby cities?
- What are the average housing prices in Saint-Apollinaire?
- How does the unemployment rate in Saint-Apollinaire affect residents?
- What financial assistance programs are available for low-income families in Saint-Apollinaire?
- How are local businesses performing in Saint-Apollinaire amidst economic changes?
- What resources are available for financial literacy and budgeting for residents of Saint-Apollinaire?
- How do property taxes in Saint-Apollinaire compare to other municipalities in Quebec?
If you have a question about debt see our debt related question or ask your own debt related question.
Overview
Located in the province of Quebec, this town is part of the Chaudière-Appalaches region and has a rich history and community spirit. It is conveniently situated near the major city of Quebec, making it accessible for those who work or study there. The community is known for its recreational activities, with a recent investment of over $2.7 million for a new covered skating rink, which enhances local sports and family activities. The town also values its beautiful landscapes and outdoor spaces, providing residents with plenty of opportunities for hiking, biking, and enjoying the natural surroundings. Overall, this location combines rural charm with suburban conveniences, making it an appealing place for families and individuals alike.
Elimiate up to 80% of Your Debt
High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!