Feb
25
2013
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...
Feb
18
2013
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...
Feb
11
2013
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...
Feb
04
2013
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...
Jan
30
2013
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...
Jan
18
2013
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…)
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...
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