Financial News (Page 9)

How to shut down FOMO to avoid debt problems

Don’t underestimate the impact of your emotions when it comes to spending. There is a psychology behind why you buy.…

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The Collection Agencies Act and Your Rights

The Collection Agencies Act can help Canadians dealing with abusive and harassing collectors. From dodging constant collections calls to exaggerated…

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What are the Top 7 Credit Score Myths

Are you a believer in any of the credit myths below? Credit scores are important, three-digit numbers that help you…

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Debt Management vs Individual Voluntary Arrangement

Debt affects thousands of our UK friends and family each year. Life is expensive, with increasing housing costs, transportation, and…

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Experts Answer Your Income Tax Questions

Tax season can be hectic even in the best of times, and the ongoing COVID-19 pandemic has certainly thrown a…

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Post-Pandemic Economy – Canadian Consumer Spending and Debt

Canadians experienced drastic changes in their lifestyle, job scenario, mental and physical health, and finances throughout the COVID-19 pandemic. Entire…

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Financial Anxiety Post COVID-19

Anxiety is a feeling characterized by emotions of tension, worried thoughts, and physical changes. People can develop anxiety from a…

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Statute of Limitations on Debt

A statute of limitation on debt is the period of time someone has to bring a financial-related offence to court.…

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Jeffrey Schwartz

How Many Times Can You Do a Consumer Proposal?

Consumer debt can weigh down on your finances, especially if you’re reckless with your spending and don’t have a solid…

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Fast Ways to Improve Financial Wellness

Canada is one of the greatest places to live on Earth. There’s free healthcare, beautiful landscapes, accessible education and so…

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What are the effects of deferral on my credit score?

A deferral, better known as forbearance, refers to an agreed restraint of meeting financial obligations for loan payments. However, it’s…

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Jeffrey Schwartz

The Do’s and Don’ts of Debt Relief

If you’re stuck in a cycle of minimum payments that never seem to get you anywhere, then it’s time to…

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Employing DIY debt relief tactics to regain financial stability.

Challenges with high-interest rate credit card debt can easily overwhelm your budget. As your balances increase, so do your minimum…

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What is a Debt Relief Order?

People experience many different, unexpected life events that affect their income. Job loss, unexpected medical diagnosis, family obligations, and economic…

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Questions to Ask Before Getting a Debt Consolidation Loan

Dealing with debt can be overwhelming and you may get to the point where you’re willing to do whatever it…

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11 Experts: How can Canadians take steps to borrow money wisely?

Learning to borrow money wisely is an important skill; often we need good debt to purchase cars, homes and other…

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Jeffrey Schwartz

What debts are forgiven at death?

Do you know what debts are forgiven at death? As the saying goes, there are two things certain in life:…

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Sean Cooper

We asked 14 experts: how can Canadians get out of credit card debt?

Canadians face unique challenges when climbing their way out of credit card debt. It’s important to hear from experts who…

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How to Get Out of Credit Card Debt in Canada

When enough is enough and you’re ready to get rid of your debt When it comes to your health and…

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How to avoid the high interest rate credit card trap on campus

The hot and hazy days of summer will be coming to an end soon, signalling the start of thousands of…

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Jeffrey Schwartz

How to Read a Credit Card Statement

Learn how to read your credit card statement from top to bottom. Use our expert analysis to make knowledgeable and…

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Jeffrey Schwartz

Credit Card Tips for Students

When you are a student, you have your whole life in front of you. Don’t limit your opportunities right out…

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Jeffrey Schwartz

Credit Card Payment Deferrals for COVID-19

Cashflow issues during the COVID-19 pandemic may qualify for a credit card payment deferral program. See if your bank is…

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Jeffrey Schwartz

Why was my credit card declined?

Wondering why your credit card declined and what to do about it? Knowing that it happens all the time to…

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Are prepaid cards a good idea?

The popularity of prepaid debit and credit cards is growing fast. On the surface, they seem like a good idea,…

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Types of Bankruptcy in Canada

Learn about the types of bankruptcy you can file in Canada and which (if any) is right for your unique…

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Bankruptcy vs Credit Consolidation – Which should I choose?

Evaluate your financial situation, carefully weigh the pros and cons of bankruptcy vs credit consolidation. Find the best debt solution.

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Choosing Financial Debt Counselling and a Debt Management Plan

If you're struggling with debt, it may be worth your while to consider debt counselling and debt management options. Read…

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Beware of deferred payments and zero per cent interest financing.

Not all that glitters is gold. Deferred payments can lead to a pile of debt if you're not careful of…

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Common Mistakes When Paying Down Debt

Learn how to avoid common mistakes when paying down debt. Create a debt repayment palm and budget, but don't do…

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