3 Reasons Why Ontario Debt Consolidation Post Covid-19 Is Still A Good Solution

3 Reasons Why Ontario Debt Consolidation Post Covid19 Is Still A Good Solution

Debt consolidation is an effective strategy that allows people to get out of debt quickly and easily with minimal effect on their credit score and their financial future. Instead of juggling multiple creditors and worrying about making several loan payment deadlines, with debt consolidation, you just need to make one monthly loan payment. There are […]

4 Reasons Why You Should Consider Debt Settlement Programs in Canada in 2021

4 reasons why you should consider debt settlement programs in Canada

Debt settlement programs are a form of debt relief that is available in Canada. When you enroll in a debt settlement program a debt counselor works with you to help determine a way that you can pay off your outstanding debts. The reason it’s called a “settlement” is because, with the help of your debt […]

How to Stop Credit Card Debt in Canada in 2-3 days

How to stop credit card debt in Canada in 2-3 days

Back in March, the credit rating agency Equifax Canada found that non-mortgage debt (credit cards, loans, lines of credit) was $23,800 at the end of 2019. Despite this, a Bank of Canada survey taken in 2019, 70 percent of Canadians pay off their balance in full every month. Even though technically Canadians are good at […]

How to Stop CRA debt in Canada in 2-3 days?

How to stop CRA debt in Canada in 2-3 days

The Canadian Revenue Agency (CRA) is in charge of collecting taxes and implementing tax laws and policies in Canada. If you don’t pay your taxes, you will end up in debt to the CRA. You shouldn’t avoid filing or paying your taxes as the longer you don’t pay, the more your debt will grow. The […]

What Are The Debt Consolidation Programs In Canada, 2020 Update

What Are The Debt Consolidation Programs In Canada 2020

In Canada, one of the options available to provide debt relief is debt consolidation.  Debt consolidation simplifies the process of paying off multiple sources of debt by consolidating them into one monthly payment. There are several debt consolidation programs available in Canada that can help people pay their debts. 1. Debt consolidation loan This is […]

How Can Someone on CERB or ODSP Get Approved for Ontario Debt Consolidation?

How Can Someone on CERB or ODSP Get Approved for Ontario Debt Consolidation

Due to the COVID-19 pandemic, many people are facing unemployment or loss of income due to challenging business situations. It’s understandable that many people in Ontario are now worried about how to make their debt payments.  Now would be a good time to talk to a credit counselor, after all an initial consultation is free. […]

Ontario Post COVID-19 Debt Consolidation Pros and Cons

Ontario Post COVID19 Debt Consolidation Pros and Cons

No one wants to be in debt, but unforeseen circumstances often arise that sees us needing more money than we have at hand. Two big reasons people might find themselves in debt are: A sudden illness – either you or a family member Unemployment  One big unforeseen circumstance that is facing people all over the […]

How Debt Relief Now Works in Ontario Post Covid-19

How Debt Relief now works in Ontario Post Covid19

Given the increase in unemployment and decrease in income faced by individuals and businesses due to efforts to stop the spread of COVID-19, many Ontarians might find themselves strapped for cash or having to rearrange their budgets. There’s also the worst case scenario where they might find that they or their loved ones might need […]

3 Best Options for Canadian Debt Relief in 2020

3 best options for Canadian debt relief

No one wants to be in debt, but sometimes due to our lives circumstances we might find ourselves hard pressed to make our income meet our basic needs, much less have enough to make bill payments. If you find yourself struggling to make monthly payments to two or more creditors, you might want to look […]

How to get Canadian Debt Relief in 2020

Canadian Debt Relief

Be Debt Free in 2020! According to Investopedia, debt relief is when debt is reorganized in a way that provides the indebted party with a respite from their payments. This is usually done by arranging it so that the monthly debt payments are reduced in some way. This reduction in debt payments is meant to […]