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.
Debt consolidation is a process of combining two or more debts into one. It is a method of debt repayment which gives the debtor the ease of managing multiple debts into a single monthly payment. It is a great option if you want to pay down debt and improve cash flow.
Is a legally binding process between debtor and creditors that help Canadians pay off debt. Administered by a debt relief agency, a debt consolidation program can be negotiated between you and your creditors to reduce your debt by up to 75%.
As of the writing of this post, the world is still in the grip of the COVID-19 pandemic. Aside from the devastating effect that it has on people’s health, the accompanying economic slowdown is having a devastating effect on businesses.
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.
Relaxing for the rest of your life after years of hard work is every senior’s dream. However, that is not always the case. Nowadays, there is a significant number of seniors experiencing debt issues as they go through retirement.