Category Archives: Credit Counseling

According to a survey by the Canadian Payroll Association on financial health of Canada’s workers, a vast majority of Canadians are living paycheque to paycheque, i.e. they would be in trouble if any month’s pay were delayed by even a … Continue reading →

A debt is considered good in two cases; when businesses borrow money to expand their business and when people take out a mortgage to buy a home. In both these examples, debt is a good thing because it is being … Continue reading →

Today, millions of people in Canada are swamped with debt; whether it is credit card debt, personal loans, monthly expenses or mortgage payments, it can all become overwhelming. According to the recently released report from CGA-Canada, the debt-to-income ratio is … Continue reading →

There are few things worse than struggling to pay your bills.  When you are submerged with debt and cannot seem to find a way out from underneath it, life can become stressful beyond belief. In many cases, people feel like … Continue reading →

According to the latest data provided by The Government of Canada, 132,253 bankruptcy cases were filed between August 2010- August 2011. Although, the number of insolvencies was down by 9.9% when compared with the previous period, the figure is still … Continue reading →

If you are finding it difficult to repay your debts, it’s time to look at the debt relief processes for achieving freedom from your financial liabilities. The two most preferred options are debt settlement and debt consolidation. Many people get … Continue reading →