Category Archives: Debt Relief

Almost half of Canadians who have credit card debt, say they always or often carry an outstanding balance. In reality, your credit card is a debt card and 12% of Canadians are merely making their minimum payments. That’s not nearly enough.

If you’re one of the 12% who can’t make more than the minimum payment, or if you have more credit debt than you think you can handle, call us today. You have other options. We can help.

 

Understanding your credit report

  YOUR CREDIT REPORT AND HISTORY Taking a loan or using a credit card or anything like buy now pay later, will have a credit history. If you don’t have money to pay for something even a car or a house mortgage, you look for a long term credit. Whenever a financial institution, such as … Read More

Re-establish yout credit

Re-establishing Your Credit History It can be quite challenging to even think about your credit score after going through a harsh event, such as a bankruptcy or a consumer proposal. However, it’s very important to remember that you CAN re-establish your credit history. It may take some time to rebuild your credit score, but it’s … Read More

How To Get Rid of Debt?

How To Get Rid of Debt? Technology has give rise to may new methods of conducting the business like on-line transactions, Mobile Banking, Visa Debit Cards and of course the traditional Credit Cards. These may be issued by Banks or other financial institutions -the applicant gets a line of credit or visa card or some … Read More

One-third of Canadian households living paycheque to paycheque

One-third  of Canadians still live from pay-cheque to pay-cheque, according to Globe and Mail. We can empathize as many have gone through such periods, but do we have to continue this way. Skating on thin ice and peace of mind becomes an elusive goal.

A new survey suggests fewer Canadians are living from paycheque to paycheque, and more are putting money aside for a rainy day or retirement.

But there are still a large number that would face difficulties after one week of not receiving their cheques, and savings rates remain low, the results show.

The survey by the Canadian Payroll Association found 47 per cent saying they would be in financial dire straits if their pay was delayed as little as a week.

Living from Pay-Check to Pay-Check

Living from Pay Check to Pay Check

What happens when the unforeseen happens? Continue reading

Getting Out of Debt—Strategies to AVOID

If you’re reading this then you’re surely in debt—and like most of us, you’ve made some bad decisions while attempting your getting out of debt strategy. Unfortunately, there are strategies to avoid that many of us fall victim to. To help you know the strategies to avoid while getting out of debt, we’ve made a … Read More

How to Get out of Debt Fast-but Responsibly

When you’re in debt you worry about digging yourself out each and every day—you also wonder how to get out of debt fast. What you need to worry about however, is not just how to get out of debt fast, but also how to do it responsibly—because irresponsible financial management is likely how you got … Read More

Debt Solutions for Canadians

Debt solutions for Canadians have never been more important. Despite our country making it through the housing recession relatively unscathed—we’re still carrying higher debt loads than ever before. Nationally, our consumer debt totals over $477 billion—and our average personal debt loads hover at an all-time high of 165%. As a country, need debt solutions—and here … Read More

A Debt-Free Situation Is A Stress-Free Life

When we’re figuratively carrying the “weight of the world” on our shoulders, it can easily lead to high levels of stress. When people are in debt, it can have an impact on their lives, and that’s why stress can be so prevalent for them. Unfortunately, stress can lead to some serious health problems, such as … Read More