How to Improve Poor Credit Rating/Score when in Debt

The Bank of Canada just announced the new ratio of household debt to income is at 165%.  That means people are spending 65% more than what they earn.  Poor credit is a concern to consumers who overspend and have...

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Most of Canadian’s Debt is Credit Card Debt

According to a recent survey conducted by Harris/Decima, almost half of Canadians who have credit card debt, say they always or often carry an outstanding balance. (more…)

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Cracking down on Debt Settlement Companies

There has been a recent report in the Toronto Star titled “Ontario Liberals to crack down on debt settlement companies”. This report attempts to illustrate that there is an issue with debt settlement companies in Ontario. The article refers to...

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Tips to help you get out of Debt in 2013

As we roll into a fresh new year we all share the same desire for a fresh start.  Your goals may include a gym membership, a career change, a new residence or finally getting out of debt.   After the holiday...

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