What Options do you have to resolve Debt?

There are a few different ways available to Canadians to resolve debt trouble.  5 options are listed here: (more…)

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How to deal with Credit Card Debt

Credit card debt is one of the easiest kinds of debt a person can sink into.  Almost every Canadian owns at least one credit card and, on average, uses it at least once a week.  Consider a person who...

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How to save your small business from Bankruptcy

Do you have a business that is drowning in debt?  Are creditors and collection agencies calling to collect? Is bankruptcy threatening your dream of continued entrepreneurship? Do not sign away all your personal property or investments in order to obtain...

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How the Credit and Debt card Code may Change

Canadian consumers may need to prepare for changes in the way purchases are made with an enhanced Code of Conduct for the Credit and Debit Card Industry in Canada.  The current Code of Conduct  is working well, but needs to be...

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What to do if you Lose your Job

You’ve just lost your job.  Your initial reactions may be shock, embarrassment and fear.  You may experience these feelings for a little while, and this is completely acceptable.  After a little while, hope and excitement for a new career should...

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Why Canadians are So much in Debt

We're living in a debt-ridden society; caused by two factors: We are constantly being lured to buy the latest and greatest products on the market; and We don't really understand how debt works. This includes Home Equity Lines of Credit, lines of credit...

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10 Ways to Save Money this Summer

Summer is officially here!   The heat and excitement of summer beckons the opening of restaurant patios and seasonal festivals, as well as the debut of summer fashions.  All of which entices and lures consumers to spend their hard earned...

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How to Deal with Collection Agencies – Part 2 (4 Facts)

In our last blog post, “How to Deal with Collection Agencies – Part 1”, the following facts were covered: Make sure the written notice is sent through the mail (email does not count) How often can the collection agency contact you? Can...

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How to Deal with Collection Agencies – Part 1 (3 Facts)

If you have been served with a written notice from a collection agency stating you owe money for an unpaid debt to a creditor, you should know how to properly deal with it. There are 7 facts you should know; 3 of...

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Why we should add Personal Finance as a Subject in our Ontario Schools

Recently I read a blog that questioned why learning Shakespeare plays is taking priority over learning about finance in our schools.  We can all recall at least one Shakespeare play, but if asked how long it would take to...

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