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 […]

What are the Different Types of Debt Relief in Canada

Types of Debt Relief

These are the Debt Relief Programs available in Canada in 2020. No one wants to be in debt, but most Canadians, at one time or another might find themselves needing to take out a loan or mortgage or might find themselves falling behind on their credit card payments. In these cases, they might need to […]