• Marie
• October 30, 2018

Experiencing a financial emergency or finding that your pay cheque is simply not stretching to the end of the month and you’re short on cash? Resorting to payday loans is rarely a solution to your financial difficulties. Read on to find out more about payday loans, how you can get caught Read more

Category : Relief From Debt Blog

• Marie
• October 4, 2018

How is Debt Affecting Your Life? A recent National survey has found that 47% of Canadians believe debt has a negative impact on their lives including sleep problems, frustration, embarrassment, relationship difficulties and a feeling of not being able to move forward in life. Millennials and Debt In the survey it was noted that Read more

Category : Debt Tips, Relief From Debt Blog

• Marie
• August 30, 2018

When the Bank of Canada raises interest rates, the big banks raise their prime lending rate, which results in higher mortgage payments when you renew your mortgage and higher unsecured debt servicing costs.   A recent survey has shown that many Canadians struggle with covering their current living expenses and debt Read more

Category : Relief From Debt Blog

• Marie
• April 28, 2017

In the last 3 months of 2016, Canadian households increased their debt by $30 billion to $2,028 billion with revolving credit card debt totaling $596 billion of that amount. The average credit card debt carried by each Canadian was reported to be $3,954. Despite there being fewer active credit cards,  Canadians Read more

Category : Relief From Debt Blog