Credit Card Tips & Advice | How to Dispute a Billing Error and Fraud Charges

Checking your credit card billing statement every month is now more important than ever. By doing this regularly, you can protect yourself from possible credit card billing errors and fraud which may impact your financial health and most importantly your credit history. For instance, you cancelled your internet subscription but yet was charged for the […]

How Important is the Debt-to-Income Ratio to Canadians?

Due to the effects of the COVID-19 Pandemic, the debt-to-income ratio in Canadian households has been on the rise since 2020. As individuals, the debt-to-income ratio is as important as your credit score as it tells you how affordable your debt repayment is. This ratio will tell you if you are comfortable in repaying your […]

4 Smart & Quickest Way to Pay Off Debt

Whether you only carry a small credit card debt or huge financial obligations (Credit Cards, Personal Loans, Car Loans, Taxes, CERB, HST, 407, Household Bills, Payday Loans, and Student Loan), it can affect your goals and well-being. There are a couple of ways to manage and pay off debt, but every individual has a different […]

[Updated 2021] Types of Debt That Can Be Included in a Debt Consolidation

For many Canadians, debt consolidation is the right solution to eliminate huge debt. It allows an individual to combine all debts into a single monthly payment. But what are the debts that can and cannot be included in debt consolidation? Continue reading to know more about the debts that you can include in a debt […]

[Updated 2021] Guide to Debt Consolidation Programs in Canada

In Canada, there are various ways of consolidating your debt. If you are a Canadian and are looking for a guide to debt consolidation programs, this is the right place for you to know your options; and find steps on how to choose the right program for you. If you have read enough but want […]

[Updated 2021] Best Credit Card Debt Relief in Canada

It’s no surprise that most Canadians have been using credit cards as a lifeline during this difficult time. By now, your credit card debt might have already piled up and it’s becoming a burden. Here are Canadian credit card debt relief options, plans, and programs that might help. Warning Signs Your Credit Card Debt Is […]

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) amounted to $23,800 at the end of 2019. Despite this, a Bank of Canada survey taken in 2019 stated that, 70 percent of Canadians pay off their balance in full every month. Even though technically Canadians […]