Financial News (Page 6)
How Covid-19 Affected Canadian Household Debt
The COVID-19 pandemic has changed the shape of Canadian debt. Consumer debt has risen to record highs. Even though consumer…
Following the 50/30/20 Budgeting Rule (Janet W.)
Our Essay Question How has the pandemic informed your outlook on your financial future, and what money lessons have you…
What is Inflation?
Inflation is the ongoing increase in the average level of prices over time. It causes economic issues. People may not…
Learning to Prioritize Financial Goals (Cindy C.)
Our Essay Question How has the pandemic informed your outlook on your financial future, and what money lessons have you…
Wages in Canada Are Set To Rise in 2022
Inflation happens whether Canadians see more money in their pockets or not. The Ontario and Prince Edward Island provincial governments…
Learning the Value of Money (Dylan N.)
Our Essay Question How has the pandemic informed your outlook on your financial future, and what money lessons have you…
Holly K. Sees The Big Picture
Our Essay Question How has the pandemic informed your outlook on your financial future, and what money lessons have you…
How Long Does Information Stay on My Credit Report?
A credit report is a snapshot of your financial health. Creditors use credit reports and scores to extend credit. Everyone…
How to Deal with a Debt Collector
A debt collector is someone collecting debts. When the company you owe money to carries your unpaid debts, they bring…
How CERB Taught Me Budgeting (Michelle A.)
Our Essay Question How has the pandemic informed your outlook on your financial future, and what money lessons have you…
Canada’s Economic Recovery Disrupted by Supply Chain Issues
Supply chain issues around the world are affecting Canadians. The Bank of Canada Governor, Tiff Macklem, expects a temporary high…
Canadians Planning to Spend More on Holiday Shopping 2021
Canadians are ready and excited for 2021 holiday shopping. The Retail Council of Canada (RCC) issued their annual Holiday Shopping…
Christy G. Tackles The Obstacles To Mitigate University Expenses
When I first began high school, I constantly asked myself, “who am I?” I knew that at the end of…
Statement balance vs current balance: What’s the difference and why does it matter?
Each month credit card companies send out your credit card statement. This statement has a balance owing which is the…
The Impact of Semiconductor Shortage on Canadian Jobs
There is a global semiconductor chip shortage. All types of electronics use semiconductor chips. Both your cell phone and automobiles…
Money Lessons From Scholarship Applicant Benjamin G.
Our Essay Question How has the pandemic informed your outlook on your financial future, and what money lessons have you…
Hal A. Survived Hospital Stays and Continues His Education
An interesting thing we’ve found from our scholarship contest is that applicants come from all walks of life. They live,…
The Canada Recovery Sickness Benefit (CRSB)
Update: CRSB ended on May 7, 2022 If you are eligible, you can only apply for open CRSB periods, up…
Credit Card Habits Survey
Consumers’ financial habits in Canada appear to be changing this year after Covid-19. The use of credit in Canada continues…
How the 2021 Federal Election May Affect Housing Costs
Housing markets change under different circumstances. As such, many factors influence real estate trends. For example, immigration, inflation, interest rates,…
Shrinkflation
If you’re a regular at your neighbourhood restaurant, you usually get used to paying the same prices for your meal.…
Canada Emergency Wage Subsidy (CEWS)
Update: All claim periods for the CEWS are now closed. COVID-19 has created difficulties for Canadian individuals and businesses. So,…
Bankruptcy and Auto Loans
Many Canadian individuals and businesses declare bankruptcy at one point in their lifetime. Often faced with few alternatives, people who…
Canada Recovery Benefit
This article was updated on October 26, 2021– three days after the program ended. If your finances were directly affected…
Student Loan FAQs
Let our student loan FAQs enlighten and inform you. As a graduate of post-secondary education or grad school, you may…
Is There Tax Savings for the Interest on Student Loan Debt?
A university or college degree is a great advantage in your job search. But, it’s a costly advantage. Student loan…
Can You Get a Mortgage After a Debt Management Plan?
Every day, we face some sort of debt. Whether that debt is credit card debt, car loans, mortgages, student loan…
Free Easy-to-Use Budgeting Templates
Canadians spend money on countless expenses. For example, the average Canadian has lots of money flowing out each month from…
Student Loan Debt Forgiveness in Canada
There are over 100 universities and colleges in Canada for students to pursue higher education. These educational institutions offer over…
How Canada’s “National Financial Literacy Strategy” Will Save You Money and Ease Your Stress
The federal government has announced a five-year plan to make you”financially resilient” – and it’s actually their second one. Money…
Thank you for your application!
Consolidated Credit has helped more than 500,000 Canadians in 15 years find relief from debt. Now we’re here to help you.
A Trained Credit Counsellor will be calling you at the number you provided. They’ll complete your free debt and budget analysis, then discuss the best options for getting out of debt with you. If you qualify to enroll in a debt management program, your counsellor can also help you enroll immediately.
For immediate assistance, please call:
Hours of Operation:
Monday – Thursday 8:30AM to 8PM (EST)
Friday 8:30AM to 6PM (EST)
Saturday 9AM to 2PM (EST)
505 Consumers Road, Suite 400
Toronto, Ontario M2J 4V8
Ontario Registration #: 4705786
