Credit Card Minimum Payments | Facts and Important Information

A lot of us have been making minimum payments-especially when COVID-19 started, hoping that next month will be better and they could pay more. However, this has been the case even before the pandemic happened. Most people have been paying only the minimum payments without a complete understanding of how it will impact their finances […]

5-Must Dos After Completing a Debt Consolidation Program

Having completed your debt consolidation program means you have successfully paid all your scheduled monthly payments. At this point, you are debt-free and should enjoy a fresh start. It is also worth noting that this will still appear in your credit report for 3 more years. This means that you should start creating good habits […]

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 Proven Ways to Build Good Credit in Canada

Maintaining a good credit score is vital and one of the most important factors when applying for loans or new credit lines. In this article, you will learn the best and proven ways to improve your credit score. Credit cards can offer many benefits; convenience, flexibility in payments, manage money better if used responsibly, accrue […]

Debt-Stress Impact on Health & How to Manage It

Debt not only affects our financial health, but also our physical and emotional health – which is why, it is important to understand how to manage this situation to avoid further health and financial damage. Miss payments and our lenders begin calling, making most people get overwhelmed with fear of legal actions and other actions […]

[2021 Must-Know Information] Canadian Debt Consolidation Plan: Can I Do It Myself?

What is a Canadian Debt Consolidation Plan? If you owe more than $10,000 worth of debt, such as Credit Cards, Personal Loans, Car Loans, Taxes, HST, 407, Household Bills, Payday Loan, Student Loan, you need to know this information now. Our All Canadian Debt Consolidation Program is trusted, well reviewed and will help you reduce […]

How to Deal with Swelling Debt After a Holiday Overspending

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 […]

CERB Debt Repayment | Important Information You Must Know About

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. If you are […]

Warning Signs That You Have A Debt Problem

Learning and accepting you have a debt problem is the first step towards solving your debt problems. Below are warning signs that you should check out to know if you are experiencing problems with your debts and what options are there to solve it. Some people will struggle with $6,000 worth of debt, while others […]

[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 […]