Should student loans be linked to grades to control Debt?

The political parties of the Canadian government are attempting to stop Canadians from taking on so much debt.   The Liberal government has proposed some changes that will effectively safeguard Canadians from unscrupulous debt settlement companies.  Now Tim Hudak’s Progressive...

Continue reading →

Improper Payday lenders may Disappear for Indebted Canadians

  The government of Ontario and PEI are in the process of revoking the license within its province of Cash Store Financial Services (one of the biggest cash advance stores in the country).  Payday lenders provide customers with short-term cash, and...

Continue reading →

Canadian Consumer Debt higher than ever and Banks can share the Blame

A new report from credit agency, TransUnion, is reporting the level of Canadian consumer non-mortgage debt at the end of 2012 is up nearly six per cent from a year earlier.  This puts Canadian consumer debt level at its...

Continue reading →

The groundhog predicted more winter, do you predict a plan to Get out of Debt?

Now that we know we’re in for a longer winter (no surprise there Mr. Groundhog), I hope you all have good winter tires on your cars and an emergency kit in your trunk.  Canadian winters can be pretty harsh...

Continue reading →