To achieve financial freedom is not an easy thing to do, especially if you have mounting debt. Understanding the best debt relief options in Canada can be your first step. Below are tips, strategies, and options to help you choose the best debt relief available.
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.
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.
Some types of debt are harmful to you, but some are generally considered good. The reason for that is some debts are acquired to build wealth or to invest in the future.
Credit Card Payment Deferrals can benefit Canadians struggling to keep up with debt. But although benefits like easy access to goods and services not to mention the lure of reward points make credit cards convenient and attractive, the list of advantages is quite short nowadays.