A home equity line of credit (HELOC) or loan can help you consolidate debt or pay for big expenses. Here’s what you need to know first to avoid debt problems.
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Why Your First Checkup of 2021 Should Be a Financial Health Assessment
Getting the right checkups is important to staying healthy every year. Here’s why your first checkup of 2021 should be to assess your financial situation.
4 Common Debt Consolidation Mistakes & How to Avoid Them
While debt consolidation might be your best option when you’re struggling with multiple debts and want a fresh start, here are 4 common mistakes to avoid.
13 Hidden Ways to Save Money on Groceries
Did you know that Canadian families can spend over $1000 a month on groceries? Stretch your grocery budget money further with these 13 hidden ways to save.
Top 10 Budgeting Tips to Start Using for Financial Literacy Month
In celebration of the 10th anniversary of Financial Literacy Month in Canada, here are 10 top budgeting tips to help you manage your money and debt better.
Will Declaring Bankruptcy Solve My Debt Problems?
When it feels like your debts are out of control, you might wonder if bankruptcy will solve your problems. It’s a big step and thankfully there are options to explore first.
Get Debt Relief from Your Mortgage, How to Avoid Foreclosure, Canada
If you’re struggling to make your mortgage payments or can’t pay your mortgage at all right now, there are things you can do that will help you to avoid foreclosure and manage your situation better.
2 Bills to Watch Out for After Receiving CERB and Payment Deferrals
The CERB and payment deferrals have costs that Canadians might not expect or be prepared for. Here are 2 bills to watch out for and how to be ready for them.
Five Reasons to Avoid Instant Payday Loans
An emergency can happen when you least expect it. When you’re not prepared financially, you might be tempted to take out a payday loan. Here’s why not to & what to do instead.
Best Location for a Debt Consolidation Loan in Ontario
Here is a quick guide ranking the best debt consolidation options in the order we would suggest you look at them, plus pros and cons we think you’ll want to know about.
Joint Debt Problems: How to Deal With and Avoid Joint Debts
Joint debts usually happen with the best of intentions. But when things go wrong, they can go really wrong for both people. Here are tips to help you sort things out.
Can You File for Bankruptcy and Keep Your House?
Can You File for Bankruptcy and Keep Your House? By Jordan EvansA lot of people ask us the question, “Can you file for bankruptcy and keep your house?” The answer depends on how much equity you have in your home (except for Quebec). Most of the time, we think of...
How to Avoid Debt Settlement & Debt Relief Company Scams | Canada
When trying to get out of debt, don’t get caught paying large fees that don’t improve your situation. Or worse, put you further behind to a point where creditors take action against you. Here’s what you need to know.
Debt Collection Agency Call or Letter, How to Communicate Effectively
What to Do When You Receive a Debt Collection Letter or Call | Canada By Kelly GabrielQ: Our son was over for dinner last night and I could tell something was bothering him. After some prodding, he told us that he received a call from a debt collection agency today...
Should Working, Adult Children Who Live at Home Pay Rent?
Should Working, Adult Children Who Live at Home Pay Rent? By Kevin SunThere are many reasons why it’s a bad idea to financially bail out your adult children when they’re already working, but things are a bit more complicated when it comes to living at home rent-free....
How to Get a Good Credit Score, Fix Bad Credit & Be Debt Free
How to Get a Good Credit Score and Fix Bad Credit in Canada By Debra PangestuIf you are wondering how to fix your credit score in Canada or resolve some bad credit issues on your credit report, we’ll show you how you can fix four common problems. Depending on your...
7 Things That Are Not On Your Credit Report
7 Things That Are Not On Your Credit Report By Julie JaggernathYour credit report is a snapshot of your financial situation at a single point in time. Your credit history report lists your current credit accounts, how you’re managing your debts, and how often you’re...
How Does Debt & Credit Card Settlement Affect Your Credit Score?
How Does Credit Card Settlement Affect Your Credit Score? By Kelly GabrielCredit card settlement is one form of credit card debt relief that might work for you if you’re one of thousands of Canadians who have ended up in debt because you faced a difficult time. As you...
Should I Save for My Future or Pay Off My Student Loans?
Should I Save for My Future or Pay Off My Student Loans? By Jordan Evans & Julie JaggernathWhen it comes to student loans, many people want to get rid of them as quickly as they can so that they can get on with the rest of their life. While they may not regret...
Never Pay High Rates at Cheque Cashing Centres Again! Free Alternatives to Get Your Cash, Fast
Never Pay High Rates at Cheque Cashing Centres Again! Free Alternatives to Get Your Cash, Fast By Christi Posner Cheque cashing centres make it really easy to get cash fast. Many people use the cheque cashing service at their nearest payday loan store instead of going...
How to Get Out of Debt with Bad Credit | Help in Canada
How to Get Out of Debt With Bad Credit Help in Canada By Christi PosnerIf your credit is battered or bruised, help is available without the need for paying high interest rates for a bad credit loan. Experienced credit & debt counsellors can show you how to get out...
How to Pay Off Debt and Bills Quickly in Canada
How to Pay Off Debt and Bills Quickly in Canada By Julie JaggernathHave you hit a brick wall trying to find the best or fast way how to pay off debt quickly? Rather than getting more and more frustrated, take bold steps that will get you moving towards your goal...
Great Ways to Conserve Electricity and Save Money at Home
Great Ways to Conserve Electricity and Save Money at Home Guest post by Mike BrasovanShuddering at the sight of your latest electric bill? As the weather continues to fluctuate throughout the seasons, costs can soar during the hot summer months and the chillier winter...
How to Stop Collection Calls and Creditor Harassment
How to Stop Collection Calls and Creditor Harassment By Jordan Evans You’re drowning in debt and now you’re on the receiving end of a nasty, never-ending string of phone calls and threatening letters from your creditors or collection agencies. It can be a stressful...
How To Pay Off Credit Cards as Quickly as Possible
How To Pay Off Credit Cards as Quickly as Possible by Stacy Yanchuk OleksyIf you’re looking for how to pay off credit cards on your own and get out of debt, you’ve made a great choice! Here’s a quick, down and dirty run through of two credit card payoff strategies to...
I Need Financial Help Right Now – Immediately | Canada
I Need Financial Help Right Now in Canada By Kelly GabrielIf you are struggling with your finances and you’re thinking, “I need financial help right now! Fast!” We can help you. One of our professionally accredited credit & debt counsellors can help you go through...
How to Stop Collection Calls and Effectively Deal with Collection Agencies in Canada
How to Stop Collection Calls and Effectively Deal with Collection Agencies in Canada By Debra PangestuHaving debt and being on the receiving end of collection calls is a difficult situation for anyone to be in, but if you’re armed with some helpful tips and...
How Credit Card Cash Advances Work & What to Do Instead
How Credit Card Cash Advances Work & What to Do Instead By Carmen Chan & Julie JaggernathCredit card cash advances are so tempting – sometimes you’re in a pinch and you need to cover off your bills, pay for an emergency repair or have some spending money for...
Is Bankruptcy My Best Option? 6 Instances When Declaring Bankruptcy in Canada May Not Be Right For You
Is Bankruptcy My Best Option? 6 Times When Declaring Bankruptcy in Canada May Not Be Right For You By Debra Pangestu When you’re in financial difficulty, declaring bankruptcy may sound like the only way out, but there are times when filing bankruptcy in Canada isn’t...
So Much to Lose if You Don’t File Taxes – File & Benefit Your Budget
There’s so Much to Lose if You Don’t File Your Taxes How Filing Your Taxes On Time Can Benefit Your Budget By Julie JaggernathA few years ago my husband became quite ill right at tax time. Juggling his needs, taking care of our kids and still keeping up with work...
Should I Pay Off Debt or Save Money?
Should I Pay Off Debt or Save Money? By Jordan EvansNow that the holidays have come and gone and many of us are attempting to deal with our holiday spending-induced credit card debt, we may be asking ourselves the same question: should I pay off debt or save? Getting...
Can I Keep My Car If I File for Bankruptcy?
Can I Keep My Car If I File for Bankruptcy? By Jordan Evans We find a common question people ask is “Can I keep my car if I file for bankruptcy?” They want to know what happens to your vehicle if you declare bankruptcy. Will you lose your car in the process or will...
What to Do if You are Sued by Creditors
Help, I'm Being Sued! What To Do When You Receive a Notice of Claim for a Debt By Clare SmithYou know you’re being sued for a debt when you receive a Notice of Claim. A Notice of Claim, sometimes called a Demand Letter, Claim or Statement of Claim, usually arrives via...
7 Bankruptcy Myths in Canada
Bankruptcy Myths and Misconceptions By Julie JaggernathBankruptcy one of the first things that comes to mind for many Canadians who are experiencing financial difficulty, even though they are not really sure what the bankruptcy process is. This misunderstanding is...
Top 5 Reasons People are Declined for Debt Consolidation Loans
Top 5 Reasons Debt Consolidation Loans Applications Are Declined By Christi PosnerWhen people begin to experience financial difficulty, they often look at debt consolidation loans as a way to solve their debt problems. They do this in an effort to lower their interest...
5 Steps to Rebuilding Credit in Canada
5 Steps You Can Take to Rebuild Your Credit Score By Debra PangestuPast money mistakes can have an impact on our credit score and hamper our chances of qualifying for a loan or getting a good interest rate; but the good news is, with some time and perseverance it is...
How to Get Out of Debt in 2021
12 of the Best Ways to Get Out of Debt Quickly By Jordan Evans & Julie JaggernathA lot of people tell us that they would love to pay down their debt or completely get rid of it altogether, but they aren’t quite sure of the best way to do it or where to get...
How to Pay Debt Off With No Money
How to Pay Off Debt With No Money Are you wondering how to pay off debt with no money? Maybe you’re in a situation where you or your family have a budget that’s barely holding together and are living pay cheque to pay cheque. The best way to overcome this challenge...
How to Decide If Downsizing Your Home When You’re in Debt Is Worth It
How to Decide If Downsizing Your Home When You’re in Debt Is Worth It If you’re thinking about downsizing, crunch your numbers carefully because it might cost you more than it saves in the long run. Over 750,000 Canadians applied for mortgage deferrals since the start...
4 Reality Checks to Make Before Starting a Side Hustle
4 Reality Checks to Make Before Starting a Side Hustle Thinking through a side hustle before you start is much better than facing a personal and financial reality check afterwards. While they are a great way to earn extra income, they don’t come without risks. In...
3 Tips for Solving Money and Family Budget Arguments
3 Tips for Solving Money and Family Budget Arguments Just as it’s normal to love your family, it’s normal to argue with them about money. An APA survey reported that 31% of couples said money was a big source of conflict in their relationship. Especially during tough...
Keep Home Renovation Costs from Breaking Your Budget
Keep Home Renovations Costs from Breaking Your Budget Home renovation costs can be hard for anyone’s budget. Maybe you’re planning to live in your house for a while, or maybe you want to raise its selling value. Many people start reno projects with great ideas and...
3 Ways to Help Family or Friends in Financial Trouble
3 Ways to Help Family or Friends in Financial Trouble When a family member or friend is in financial trouble it’s normal to want to help. They might be in a difficult financial situation due to an emergency such as a job loss, accident, or illness. Maybe they’ve...
Choose the Right Debt Consolidation Plan for You
Choose the Right Debt Consolidation Plan for You Are you missing payments on your car lease, skipping credit card due dates, and barely chipping away at your line of credit — all at the same time? If you’re having trouble juggling multiple debts, you might decide that...
7 Debt Repayment Mistakes That Are Keeping You In the Red
7 Debt Repayment Mistakes That Are Keeping You In the Red Does it feel like no matter how hard you work at eliminating your debts, you just can’t seem to get the upper hand? Common debt repayment mistakes can keep you from getting out of debt. Carrying debt is a...
How to Cut Costs for an Emergency Budget
How to Cut Costs for an Emergency Budget When your income suddenly drops, your spending may have to as well. Many Canadians don’t have an emergency fund to help weather financial storms. Without that, cutting costs is the next option to consider. Tracking your...
Weighing the Pros and Cons of 5 Top Strategies to Pay Off Debt
Weighing the Pros and Cons of 5 Top Strategies to Pay Off Debt Do you ever wonder about the top strategies to pay off debt? The path to being debt-free requires dedication, persistence – and most importantly careful planning and strategizing to fit with all of life’s...
How to Lower Fixed Expenses on Your Budget When You’re Paying Off Debt
How to Lower Fixed Expenses on Your Budget When You’re Paying Off Debt Setting a budget and trimming down monthly expenses are key priorities for anyone working on paying off debt. While there’s so much emphasis out there on cutting back your discretionary spending to...
How to Stop Relying on Your Credit Cards to Make Ends Meet
How to Stop Relying on Your Credit Cards to Make Ends Meet Credit cards come with steep interest rates, will add up to a mountain of debt if not managed carefully, and can set you up for a lot of stress when an unexpected emergency hits. Many people get into the habit...
Dealing with Debts as a Homeowner or Renter During the COVID-19 Crisis and Beyond
Dealing with Debts as a Homeowner or Renter During the COVID-19 Crisis and Beyond Owning or renting a home can be a pricey undertaking. When you own, beyond the initial down payment, legal fees, closing costs, and property tax adjustments, there are a host of other...
Your Finances During the Coronavirus Outbreak, Is Your Emergency Budget Prepared?
Your Finances During the Coronavirus Outbreak, Is Your Emergency Budget Prepared? Is your budget prepared for the potential economic impact of a pandemic illness? As rates of the coronavirus (also known as COVID-19) continue to spread around the world, school and...
Steps for Effective Personal Finance Management and Planning
Steps for Effective Personal Finance Management and Planning For some people, personal finance management is a passionate hobby, while for others it’s a daunting chore. Either way, personal financial planning – including budgeting, tracking your spending, and saving –...
Avoid an Unexpected Financial Crisis and What to Do If Disaster Strikes
Avoid an Unexpected Financial Crisis and What to Do If Disaster Strikes Sometimes catastrophe strikes and we end up in a financial crisis. From natural disasters, large-scale pay system errors, illnesses, or sweeping layoffs, Canadians can face major financial...
How to Find the Money to Pay Off Debts – Try a No Spend Challenge
How to Find the Money to Pay Off Debts – Try a No Spend Challenge If you’re looking to find the money to pay off debt quickly, or even jump start your savings fund, taking on a No Spend Challenge is a great tactic to curb your spending. A No Spend Challenge is exactly...
Almost Free from Credit Card Debt? 6 Things to Do to Stay Out of Debt
Almost Free from Credit Card Debt? 6 Things to Do to Stay Out of Debt You’ve tackled your credit card debt, stayed committed to your debt repayment plan, and after years of dedication you’re nearly debt free. Now that you’re in the green, have you thought about what...
13 Money Saving Tricks to Pay Off Debt Quickly
13 Money Saving Tricks to Pay Off Debt Quickly So you’re ready to charge full steam ahead at paying off your debt, doing everything you can to throw extra cash at your lenders until you’re officially debt-free. The average Canadian’s non-mortgage debt is $29,312,...
4 Common Financial Goals – How to Make Them SMART & Be Successful
4 Common Financial Goals – How to Make Them SMART & Be Successful When you’re new to setting financial goals, you might want to see some specific examples. Here are 4 of the most common goals we hear and what to do to make them SMART. When your goals – financial...
New Year’s Resolutions: How to Set and Achieve Specific Financial Goals in 2020
New Year’s Resolutions: How to Set and Achieve Specific Financial Goals in 2020 I want to lose weight. I want to save more money. I want to get out of debt. I want to quit smoking. At the start of a New Year – and in this case, a new decade! – many people set New...
Year-End Checklist: 9 Things to Do for a Financially Successful 2020
Year-End Checklist: 9 Things to Do for a Financially Successful 2020 Welcome to 2020 – a clean slate to turn over a new leaf with your finances. As yet another year draws to a close and a new decade begins, it’s time to reflect on the past 12 months, how you’ve fared...
How to Get Through Holiday Spending When You’re Tackling Debt Repayment
How to Get Through Holiday Spending When You’re Tackling Debt Repayment With the Christmas season comes shopping lists, holiday spending, dinner party meals, and other costly festivities. For Canadians grappling with credit card debt and debt repayment, it’s a tricky...
Christmas Budgeting Tips
Practical Tips to Avoid Debt During the Holiday Season With a week to go before the big day, you’ve got the big bushy Christmas tree, the perfectly wrapped presents, the festive turkey with all the fixings, and all of the other details that come with the holidays....
The Simplest Way to Track Your Money
The Simplest Way to Track Your Money By Julie Jaggernath Keeping track of our money can be as simple or as complicated as we make it. It comes down to how you view your budget. Do you think of it as a way to plan how to spend your money, or as a way to keep track of...
Where Can I Get Free Bankruptcy Counselling, Including Alternatives?
Where Can I Get Free Bankruptcy Counselling, Including Alternatives? If you’re curious about declaring bankruptcy and want to look into free bankruptcy counselling, there are many ways to fix your financial problems. A certified Credit Counsellor is a great way to get...
What is Net Worth and Why is it Important When Dealing with Debt?
What is Net Worth and Why is it Important When Dealing with Debt? Do you know what net worth is? You see the term pop up all the time when reading about millionaires amassing net worths with at least six figures, but calculating your net worth as an every day Canadian...
5 Reasons Why Declaring Bankruptcy May Not Be Right for You
5 Reasons Why Declaring Bankruptcy May Not Be Right for You You may be wondering: is declaring bankruptcy right for me? You can’t keep up with minimum payments on your credit card debts, you have collection agencies contacting you, and you’re struggling to make ends...
What Is the Bankruptcy Process in Canada?
What Is the Bankruptcy Process in Canada? What is the bankruptcy process in Canada and is it a viable solution for your debt problems? When you’re struggling to pay off your debts and you’re inundated with collection calls and letters, easing your money worries and...
What To Do When Your Financial Goals Feel Unrealistic
What To Do When Your Financial Goals Feel Unrealistic Working towards your financial goals is a great, proactive move, but if goals are unrealistic, you could be setting yourself up for disappointment and veering off track. You may want to save up for a down payment...
What is a Debt Management Program (DMP) and Will It Work for Me?
What is a Debt Management Program (DMP) and Will It Work for Me? If you’re struggling to manage several credit cards with different due dates, a Debt Management Program (DMP) may be an ideal solution to help you stay organized and out of the red. But what is a Debt...
What Is the Best Way to Handle Credit Card Debt and Debt Repayment?
What Is the Best Way to Handle Credit Card Debt and Debt Repayment? Do you want to know the steps for the best way to handle credit card debt and debt repayment? Paying off credit card debt is one of the biggest financial hurdles Canadian consumers grapple with....
Money Management Basics: Top Tips for How to Manage Your Money
Money Management Basics: Top Tips for How to Manage Your Money From paying off debt to creating an emergency fund and getting savings in the bank, your financial fate hinges on key money management basics. Getting familiar with the fundamentals of how to manage money...
5 Myths About Debt Payments – Fact versus Fiction
5 Myths About Debt Payments – Fact versus Fiction By Julie Jaggernath Do you know the difference between fact and fiction when it comes to debt payments? Whether you’re applying for your first credit card, or you’re a seasoned pro and juggle more cards than you care...
What Does It Mean to Set SMART Financial Goals?
What Does It Mean to Set SMART Financial Goals? Whether your aim is to pay off your credit card debt, save for retirement, or work on another money goal, learning how to set SMART financial goals can ensure you achieve your objectives. What is a SMART goal and how do...
3 Strategies to Manage Money as a Couple with Debt or Income Disparity
3 Strategies to Manage Money as a Couple with Debt or Income Disparity Managing money as a couple can be tricky to sort out with two incomes and two financial situations merging. While you’re trying to manage money jointly, there could be major disparities in pay,...
3 Smart Money Management Tips Revealed Through Winter Storms
3 Smart Money Management Tips Revealed Through Winter Storms By Julie Jaggernath All of the snow shovelling we recently had to do gave me time to think about what smart money management tips we can learn from the winter weather that has hit many parts of Canada and...
Christmas Bills and Holiday Debt Hangover, What Can You Do?
Christmas Bills and Holiday Debt Hangover, What Can You Do? By Stacy Yanchuk Oleksy For many Canadians it’s “that” time, to face the monumental task of dealing with the Christmas bills and holiday debt hangover, now that the Christmas tree has been taken down and the...
Don’t Let Blue Monday 2019 Drag You Down
Don’t Let Blue Monday 2019 Drag You Down By Stacy Yanchuk Oleksy Blue Monday 2019 pops up in the already tough month of January. The holidays are done, the decorations are in storage, we’re in the middle of winter, and depending on where you live in Canada, you may...
Facing a Pay Cut or Reduced Income? Here’s What to Do Right Now
Facing a Pay Cut or Reduced Income? Here’s What to Do Right Now Facing a pay cut is scary, but when you know it’s going to happen, how you get ready for it is key. Instead of waiting until your pay cheque gets smaller, take steps right now to bring your spending in...
Kick Start Your Debt Repayment with a Cash Only Diet
How to Use a Cash Only Diet to Kick Start Your Debt Repayments It’s easy to tap and swipe away on your debit and credit cards for groceries, gas, online shopping and nights out. But when you’re dealing with invisible money, it’s hard to track how much you’re spending....
How to Get Rid of Payday Loans with 5 Step Plan to Escape the Cycle
How to Get Rid of Payday Loans with a 5 Step Plan to Escape the Cycle If you're tired of always borrowing from payday loan companies, have multiple payday loans, and are wanting to know how to get rid of payday loan debt, we'll show you how in 5 practical steps. Your...
How to Pay Off and Make Joint Debts Work
How to Pay Off and Make Joint Debts Work You opened a joint account with the best intentions: to help your child as they started university, to rebuild credit for a struggling sibling, or to combine finances with your spouse. But joint debts — from lines of credit, to...
Is the Rising Cost of Living Stressing You Out? Tips & Solutions
Is the Rising Cost of Living Stressing You Out? Tips and Solutions By Julie Jaggernath It's hard not to notice the rising cost of living. Most obvious these days is the price at the pump, and as businesses pay extra costs for the delivery of goods and services,...
Which Debts Don’t Need to Be Paid Down First?
Which Debts Don't Need to Be Paid Down First? By Julie Jaggernath When you are trying to figure out how to get out of debt quickly, you might have some debts that don’t need to be paid down first. That doesn’t mean you can ignore them and stop making payments, but it...
What is Credit Counselling? Options to Get Help with Debt, Credit Repair & Rebuilding – More Than the Banks Can Offer
What is Credit Counselling? Options to Get Help with Debt, Credit Repair & Rebuilding – More Than the Banks Can Offer By Julie Jaggernath Does credit counselling seem like a bit of a mystery to you? Until you or someone you know needs help with their debts, you...
Credit Reporting & Credit Ratings – 3 of the Worst Myths Debunked and Explained
Credit Reporting & Credit Ratings – 3 of the Worst Myths Debunked and Explained By Julie Jaggernath Credit reporting and credit ratings are two of the most asked about topics of personal finance that we encounter. Each week we hear countless questions about the...
Convince a Landlord to Rent to You Even with Past Credit Problems
How to Convince a Landlord to Rent to You By Julie Jaggernath Are you trying to convince a landlord to rent to you? Looking like the ideal renter and great tenant to make your application stand out takes a bit of planning. But to score the place you want – and keep...
What You Should Know Before Consolidating Your Debt
What You Should Know Before Consolidating Your Debt Q: I have a question about debt consolidation. With all the bad news lately about people losing their jobs and how much debt we’re all carrying, I know I need to get my debt under control for good. The problem is...
What Is the Best Way to Pay Off Debt? Snowball vs Avalanche Explained
What Is the Best Way to Pay Off Debt? Snowball vs Avalanche Explained By Julie Jaggernath The best way to pay off debt can be difficult to figure out. Maybe you are considering the snowball method versus the avalanche effect. Maybe you just feel trapped by debt and...
The Early Warning Signs of Financial Problems
The Early Warning Signs of Financial Problems Financial problems can seem to creep up on us out of nowhere. It's always surprising how so many people seem to be doing fine with their finances and then within a fairly short amount of time they encounter serious...
Getting Rid of Debt – What to Know About the Best Way & If You Need Help
Getting Rid of Debt – What to Know About the Best Way & If You Need Help By Julie Jaggernath Are you looking for ways of getting rid of debt? Credit cards, car loans, consolidation loans, and bills – does it feel like all you ever do is make payments? Maybe you’ve...
Paying Off Debt Tips – 3 Things to Avoid
Paying Off Debt Tips - 3 Things to Avoid If you're looking for tips on paying off debt, below are 3 often-overlooked spending tips that can save you money and help you get out of debt more quickly. These 3 things to avoid stem from questions we hear all too often, but...
How to Read Your Credit Report
How to Read Your Credit Report If you’re looking at a credit report for the first time it can be quite intimidating. Your credit report may be a single document but it holds a lot of power in your life, from day-to-day activities to major milestones. It’s what helps...
Plan for Christmas and Beyond
Plan for Christmas and Beyond By Stacy Yanchuk Oleksy Tis the season isn’t it? My husband and I have moved to Ontario from British Columbia and I feel as though the Christmas spirit has come a little early (likely because so has the cold weather) and thoughts are now...
How to Rebuild Credit in Canada
How to Rebuild Credit in Canada Your credit score is your ticket to qualifying for a loan, securing a credit card or locking in a good interest rate on a mortgage. While your credit score is just a number, it’s an invaluable indicator that lets banks and lenders know...
What You Need to Know Before You Shop on Black Friday
What You Need to Know Before You Shop on Black Friday or Cyber Monday By Renu Singh-Joseph and Stacy Yanchuk Oleksy Are you searching online for Black Friday deals? Or checking out Black Friday sale items in your local flyers? Whether you’re shopping in Canada or...
Great Insight Into How To Pay Off Debt
Great Insight Into How To Pay Off Debt by Stacy Yanchuk Oleksy I consistently get asked when I’m in the community teaching or talking about financial wellness, how to pay off debt. It’s a great question but I think before we look at strategies, we should consider some...
Seniors & Debt: A Growing Problem That We Can Help Fix | Credit Counselling Society
Seniors & Debt – A Growing Problem That We Can Help Fix by Tim St. Vincent You are a Senior, or about to be? You are getting ready to head down the golden path of retirement? Nothing ahead of you but relaxation, grandkids, and maybe a new hobby or two. Oh, and...
7 Ways to Protect Yourself from Rising Interest Rates in Canada
7 Ways to Protect Yourself from Rising Interest Rates in Canada Today the Bank of Canada raised the interest rate that all banks base their Prime rate on (the Prime rate is used to calculate interest on lines of credit and variable rate mortgages). There is talk that...
The Dangers of Different Types of Consolidation Loans
The Dangers of Different Types of Consolidation Loans by Mark Kalinowski As long time Credit Counsellors will tell you – the best option to address debt is one that is affordable, and that least impacts your credit in a negative way. With this in mind, Counsellors...
What to Do If You’re Saying “I Need Help Immediately”
What to Do If You’re Saying “I Need Help Immediately” by Stacy Yanchuk Oleksy Sometimes when life presents us with challenges we think to ourselves “it’s okay Self, we got this. We can handle it.” And sometime we wonder, “maybe I need help immediately.” This is no...
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Get answers from an expert.
With so many debt consolidation options out there, it can feel overwhelming to try and find the right one by yourself. One of our professional credit counsellors would be happy to guide you through this process by carefully reviewing your whole financial situation with you and answering any questions you have. Speaking with our certified counsellors is always free, confidential and without obligation.