Financial News (Page 9)

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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Banks Offering COVID-19 Financial Relief

There are banks offering financial relief during coronavirus due to the ongoing struggles Canadians are experiencing. Many stores and businesses…

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Tips for Millennials Buying Homes

Millennials searching for a home are getting used to drawing on the bank of mom and dad before and after…

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Credit Repair 101

Have you been turned down for a loan because your credit score is too low? Learn Credit Repair 101 to…

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The Danger of Running Up your HELOC

A HELOC is subject to fluctuation in interest rates which can raise payments. Read to understand the bad side and…

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Consolidating your debt? Here is what you need to know

Before you consolidate your debt, you have to consider a few things prior to contacting a credit counselling agency.

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Thinking of tapping into your home equity line of credit (HELOC)?

Consider this before you draw on that equity. With a home equity line of credit, you are essentially borrowing against…

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Demystifying Your Credit Score

If you get confused by your credit report, learn how credit bureaus calculate it to improve your credit range and…

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Change Your Mindset and Pay Off Debt

Shifting to a cash only lifestyle to pay off debt is all about developing good financial habits that will stick.…

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How to Choose a Student Credit Card in 2021

A student credit card can help you establish and build good credit habits. It comes down to picking the right…

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How to Deal With Divorce Debt After Marriage

Divorce debt can add pressure to your credit & financial status. Learn how debts and assets are split during a…

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Jeffrey Schwartz

Credit Union vs Bank: Understanding The Differences

Learn the difference between a credit union vs bank. Compare our breakdown to see which is best suited for your…

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Types of credit ratings and what they mean

If you’ve ever applied for a credit product, you’ve likely received information on your credit rating, but do you really…

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What is the Debt to Equity Ratio?

Canadian individuals and business must sometimes resort to borrowing money regardless of the interest rates. In this article, we’re going…

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