Debt Happens. Get over it.

Debt happens. Let’s face it; everyone in this strong and free country of ours has at one point faced the task of paying off some kind of debt. Whether the debt comes from a mortgage, loan or credit card...

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Why Students can Fail with Credit Cards

It’s very common for first year university students to be baited with a credit card by a credit card company within the first week of classes. The security of having an emergency fund to tap into sounds like a...

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Debt Blog Collection

To keep you informed with the most recent and impacting news regarding personal finance and debt management, we have composted a list of must-read blogs from OCCA Consumer Debt Relief. How do you know if you’re on Debt Row? Are you...

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Debt is up but Delinquency is Down

Canadian consumer debt is up but according to a recent report delinquency on unsecured debt is down to its lowest level in 6 years. Data from the credit monitoring firm Equifax shows Canadian consumers owe $1.44 trillion in the second...

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Canadians taking on too much Consumer Debt

It certainly looks like Canadian consumers are living comfortably well according to the latest data released by Statistics Canada. Retail sales hit a new high in June as data shows consumers buying lawn care goods, summer clothes, sporting goods,...

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How to Save Shopping for Food

The best time to save on shopping for food is now, when the summer’s harvest is at its peak with vegetables and fruit. Vegetables like corn, peppers, squash, beans and fruit like apples, strawberries and blueberries are a plenty...

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Instead of getting a Payday Loan, Do Anything Else

John Oliver delivered a legendary segment educating viewers on the dangers of payday loans and the ridiculous draw consumers have towards them despite the fact. Oliver described the “Payday Loan” business model as a “circle of misery” designed to...

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Canadians prefer using Credit over Cash

A recent MasterCard Advisors white paper suggests that non-cash instruments account for 90% of payments in this country, among the highest rates in the world. It looks like we like to use our credit instead of our cold hard...

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How to Donate to Charity on a Tight Budget

Giving to charity is a rewarding experience. Many people enjoy allocating a portion of their earnings to donate to their favorite charities. Others have never been able to afford such donations but would like to contribute in some way...

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How Consumers in Debt are helping our Economy

Despite Canada’s ratio of household debt to disposable income record high of 164.1 per cent in the third quarter of last year, consumers are still driving growth in Canada’s economy, with indicators showing faster inflation led by higher food...

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