Category Archives: Financial Management

Several Canadians have less than perfect credit. This write-up does not provide you a magical solution to all your debt and credit woes.…

The effect of a late payment on your credit score is based on several factors. Creditors assess late payments depending on three things:…

Having car insurance in Canada is an absolutely necessary if you own a vehicle. Based on the cost of accidents, theft and other…

A research report by Canada.CreditCards.com states that average Canadian owns approximately 2 credit cards. Although this number seems high, there are indeed many…

When you see yourself stuck in a mountain of debt, you might question how much you need your credit cards. Thinking about negating…

Is debt a bad thing? Debt is seen bad by most people. It can limit the financial decisions, drain your savings and negatively…

Is my credit good when I don't have any debt? Some individuals think that having no credit is good. Having debt that exceeds…

Statistics Canada demonstrates that 1 in 6 Canadians will file for personal bankruptcy at least once. Bankruptcy is a legal proceeding that presents…

Several Canadians fail to pay their monthly credit card statement in full as paying off debt isn’t effortless, and the fact that it…

Opting for a consumer proposal is a debt-relief option for those that have debt exceeding $250,000. Unlike bankruptcy, when an individual cannot make…