Jan
08
2013
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...
Jan
04
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...
Dec
11
2012
We all look forward to giving and receiving during the Holiday season. We carry a euphoric anticipation of the big day when we enjoy the smiles on the faces of our loved ones when they open the gifts we...
Dec
03
2012
It’s the most wonderful time of the year....to spend. You cannot walk in a shopping mall, listen to the radio or watch 10 minutes of television without being tempted by retailers to buy their tantalizing products. Whether it is...
Nov
12
2012
Overspending is a real issue for many Canadians and despite the apparent public access to credit counseling, many of us do not stick to a monthly budget, and sink into debt. With updated statistics showing Canadian consumers with a...
Nov
05
2012
What is debt consolidation?
A debt consolidation is a single loan (generally from a financial institution) that allows you to repay your debts to several or all of your creditors at once.
You are then left with only one outstanding loan —...
Oct
29
2012
Finance Minister Jim Flaherty announced new regulations for the prepaid credit card market Wednesday, October 24, 2012, requiring what the finance minister called “reasonable disclosure” and eliminating some things about the cards the finance minister says are “quite unfair”.
The...
Oct
22
2012
The Bank of Canada has just corrected their statistics on Canadians debt ratio from 150% (estimated in the summer 2012) to be now 162% - which is just about where the United States was right before their economy collapsed. ...
Oct
15
2012
Welcome October – the month of changing leaf colours, harvested crops, plump pumpkins and scary scarecrows. It is also the month of crafty retailers baiting consumers and anxious trick-or-treaters with pricey Halloween decorations and popular candy. Who wouldn’t want...
Oct
08
2012
If you are experiencing debt trouble, live in accordance with Ontario legislation, and wonder how your creditors will handle your outstanding bills, you should be aware of what creditors can and cannot do to collect. (more…)
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