Canadian Consumer Debt Archives

Get Debt Help Without Leaving the House – Here’s How

In the past, before the novel coronavirus (COVID-19) people might have gone to see a financial consultant in person for debt help or otherwise, but with social distancing in effect, that is not advised right now unless absolutely essential...

Posted April 2, 2020 | by admin |in Blog, Canadian Consumer Debt, Canadian Economy, Canadian Household Debt, Consolidate Debt, Consumer Debt, COVID-19, Credit Card Debt, Deal with Debt, Debt Consolidation, Debt Help, Debt Relief, Debt Relief in Canada, Debt Solutions, DebtCare Canada, Get Out of Debt, Getting Out Of Debt, How To Consolidate Debt, Paying Off Debt, Personal Debt

COVID-19 Income and Debt Help for Canadians

The past two weeks have been a non-stop train of breaking news as Canada copes with the novel coronavirus, COVID-19. This public health pandemic is affecting many across the country — both medically and financially. In order to “flatten the...

Posted March 19, 2020 | by admin |in 2019 Tax Deadline, Bank of Canada Interest Rate, Blog, Canadian Consumer Debt, Canadian Economy, Canadian Interest Rates, Consumer Debt, CRA Tax Deadline, Deal with Debt, Debt Relief, Debt Relief in Canada, DebtCare, Get Out of Debt, Getting Out Of Debt, Income Tax Deadline, Student Debt, Student Loan, Tax Deadline, Tax Penalties and Interest, Taxpayer Relief

Bankruptcy and Consumer Proposals Rise as Consumer Debt Reaches Record Limits

Are you struggling with consumer debt? If so, you’re not alone. According to BNN Bloomberg, the average Canadian household owes $1.76 for $1 of annual disposable income. The same household devotes $0.15 of every disposable dollar to making...

Posted January 8, 2020 | by admin |in A Consumer Proposal, Blog, Canadian Consumer Debt, Canadian Household Debt, Consolidate Debt, Consumer Debt, Consumer Proposal, Consumer Proposal in Canada, Consumer Proposal in Ontario, Consumer Proposal vs. Bankruptcy, Deal with Debt, Deal with your Debt, Debt Consolidation, Debt Management, Debt Relief, DebtCare, DebtCare Canada, File a Consumer Proposal, Filing for Bankruptcy, Financial Challenges, Financial Help, Get Out of Debt, Getting Out Of Debt, How To Consolidate Debt, Too Much Debt

Affordable Housing in Toronto is Still a Major Problem

Affordable housing in Toronto has been difficult to find for a while now — but despite hopes that it would get better, it is still a major problem for many. A recent report from Zoocasa determined that in the Greater Toronto Area, it would...

Posted October 16, 2019 | by admin |in Blog, Canadian Consumer Debt, Canadian Household Debt, Canadian Mortgage Interest Rates, Deal with Debt, Dealing With Debt, Debt to Income Ratio, DebtCare Canada, Getting Out Of Debt, Housing Affordability, Mortgage Financing, Mortgage Interest Rates, Struggling with Debt

Bank of Canada Staying at 1.75% for December 2018 – But Don’t Delay Dealing with Interest Rate Debt

Good news for 2018: we won’t be seeing any more Bank of Canada interest rate increases this year. On December 5, 2018, the Bank of Canada (BOC) announced that the overnight interest rate would stay at 1.75% for the month of December. The next...

Posted December 6, 2018 | by admin |in Bank of Canada Interest Rate, Blog, Canadian Consumer Debt, Canadian Household Debt, Canadian Interest Rates, Canadian Mortgage Interest Rates

A Stress-Free Holiday May Start with Consolidating Your Debt

The holidays can be a time of family, love, and joy, but they are also often a source of major stress — financial stress to be exact. Have you considered consolidating your debt to manage that stress? More than half of Canadians say that they...

Posted November 28, 2018 | by admin |in Blog, Canadian Consumer Debt, Canadian Household Debt, Consolidate Credit Cards, Credit Card Debt Relief, Dealing With Debt, Debt Management, Getting Out Of Debt, Personal Debt

Should You Get a Home Equity Loan to Pay Off Debt Before Interest Rates Increase Again?

How confident are you that you could survive another Canadian interest rate increase? If your answer is “not very” perhaps it is time to consider getting a home equity loan to pay off debt. Since July of 2017, the Bank of Canada (BOC) interest...

Posted September 13, 2018 | by admin |in Bank of Canada Interest Rate, Blog, Canadian Consumer Debt, Debt Consolidation, Mortgage Financing, Mortgage Interest Rates, Mortgage Refinance

How to Consolidate Debt and Start the New Year Fresh

2016 is fast approaching, and that usually means setting goals for the year ahead and making plans to get certain things back on track. For many Canadians, this means taking a good, hard look at finances and often attempting to take control of...

Posted November 11, 2015 | by admin |in Blog, Canadian Consumer Debt, Consolidate Credit Cards, Consolidate Debt, How To Consolidate Debt

Back to School Blues? Consolidate Credit Cards and Stop the Interest

The back to school season, particularly for parents, is often a very hectic time of year, especially with regard to finances. The need/desire for new school clothes, shoes and supplies often leaves parents with racked up credit cards once all...

Posted September 2, 2015 | by admin |in Articles, Back To School Shopping, Blog, Canadian Consumer Debt, Canadian Household Debt, Consolidate Credit Cards, Credit Card Payment Calculator, Dealing With Debt, Debt Consolidation, Debt Consolidation Loan, Debt Consultants, Debt Management, Debt Reduction, Debt Solutions

Posted July 22, 2015 | by admin |in Blog, Canadian Consumer Debt, Collection Agency Harassment, Collections Debt in Canada, CRA Garnishment, Deal with Debt, Garnishment of Wages, Garnishment of Wages in Canada, Personal Debt, Wage Garnishment, Wage Garnishment in Ontario, What is a Wage Garnishment?

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