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Paying Off Credit Card Debt with Line of Credit

When you’re carrying high credit card balances, interest on those monthly bills can build up faster than you can say APR (annual percentage rate). Making minimum payments, of course, barely makes a dent in your debt, so you may look

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Paying Off Credit Card Debt with Line of Credit

When you’re carrying high credit card balances, interest on those monthly bills can build up faster than you can say APR (annual percentage rate). Making minimum payments, of course, barely makes a dent in your debt, so you may look
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Can a Collection Agency Take You to Court?

Can a collection agency sue you in Canada? The short answer is yes. If you have unpaid debt, your debt collector can take legal action against you. A debt collection lawsuit can recover your unpaid debt, and the court may also grant
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Does Bankruptcy Clear All Debt in Canada?

Many Canadians are struggling with debt as high interest rates and rising inflation increase the cost of day-to-day necessities. You may be searching for a way to relieve your financial stress and asking yourself if bankruptcy is the
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Top FAQs on Consumer Proposals and Insolvency

If you’re facing insolvency, bankruptcy doesn’t have to be the only solution. A consumer proposal can help you take control of your debt and pay less than what you originally owed. Filing a consumer proposal can save you from the
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Important

Credit Card Fasts: Why You Should Try One

Imagine a day without your credit card.  Don’t worry — most people would feel a bit unsettled. That’s because 93% of Canadians have credit cards, and most prefer them for larger transactions.  But your credit card behaviour could be