Consumer Debt Archives

How Much Debt is Too Much Debt and When It’s Time to Find Help

Recent studies have shown that 2/3 of Canadian households hold some form of debt (Dojchinovska, Reviewlution). Are you included in this statistic? If so, now...

How to Deal with Creditors

When you hear the term creditor, what comes to mind? Debt, pesky and pushy are common synonyms that Canadians associate with creditors. However, learning the...

Money-Saving Tips to Help You Start Your Nest Egg

According to recent studies, the average Canadian retirement age is just under 65 years old (Jeudy, Statista). Are you nearing this age? If so, do...

Pitfalls of High-Cost Consolidation Loans (+ Alternatives)

Effectively managing your debt gives way to different strategies that need to be considered. One such strategy is consolidating multiple different loans down to one...

3 Strategies to Reduce Your Debt

If you’re focused on minimizing or eliminating how much you owe, you may be wondering which debt to pay off first. Should credit cards be...

What Happens When You Declare Bankruptcy in Alberta?

When it comes to debt resolution, there are a few options to consider. Declaring bankruptcy is often the quickest and least expensive route to take....

What Is the Best Way to Pay Off Debt Fast?

As you plan to pay off your debt quickly, you’re tasked with sorting many types of debt that have piled up over time. It can...

The Difference Between Personal Loans and Lines of Credit

Although personal loans and lines of credit have many similarities, there are a few key differences that separate these two types of lending products. Each...

Personal Bankruptcy Questions, Myths, Facts & FAQs

How about 2020, hey? While the world may not be able to agree on many things, we are pretty confident that the general public is more than happy to usher in a new year, ripe with fresh possibilities and renewed hope.

Dealing with debt during COVID-19: What to do and when to ask for help

For years, you’ve been completely independent, able to pay all your bills on time. But now, things are different. The world has been thrown into...