It’s taxation time, Canadians are starting to seek advice, guidance, and solutions on how to manage different types of consumer debts including money owed from the federal and provincial government. CERB debt repayment can be one on your list and the earlier you seek a solution, the better prepared you can be.
Garnishment or wage garnishment is a process of legally withholding a portion of your money from your paycheque and sent to a third party.
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.
Back in March, the credit rating agency Equifax Canada found that non-mortgage debt (credit cards, loans, lines of credit) amounted to $23,800 at the end of 2019.
January is known to be a month full of holiday-spending-regret, most people know how it feels. After weeks of careful planning and budgeting, there were just a lot of flash sales and “BOGOs” (Buy One Take One) deals you couldn’t resist. You are not alone – many fell for it and ended up even more in debt because of overspending during the holidays.
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 for you to pay off your outstanding debts.
Debt Consolidation is a government-approved program of consolidating your debts into a single monthly payment. National Debt Relief Services is Canada’s trusted debt relief agency that can help create a personalized debt relief program for you based on your current financial situation.
Are you struggling to pay what you owe? Is your debt balance not coming down? Do you owe more than $10,000 worth of debts? You must be thinking of taking a debt consolidation program but would like to know what happens before, during, and after. Read on, and this article will explain to you what to expect during this process.
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.
Looking for options and finding out that Debt Consolidation is the answer to your unsettling debt problems only to end up getting declined can be a nightmare.