Overdrawing a bank account can happen to anyone regardless of their earnings. For example, someone could have a delayed deposit making it into their bank after an automatic withdrawal ..read more

Are housing costs putting you into debt? The increasing cost of living has put many Canadian homeowners in a tough spot as they struggle to keep up with high mortgage rates ..read more

Homeownership is a life-changing event. So is having a large amount of debt. Whether you own a home or are planning to buy one, knowing your options for managing your debt is crucial. If you’re struggling to make monthly payments on your debt, you may be investigating different debt relief options to get rid of that debt so you can have enough leeway to make mortgage payments. Filing for bankruptcy makes it incredibly difficult to qualify for a mortgage. So, instead of bankruptcy, you might be considering debt consolidation ..read more

Credit can have a big influence on your life. Having a low credit score can impact your ability to buy a home, rent an apartment, get an auto loan, qualify for a line of credit, and even get a job. However, your credit score is something you can improve, with some patience and hard work.  ..read more

Your credit score indicates creditworthiness for lenders, meaning it influences the loans you may qualify for, the interest rate you’ll pay, what you can buy on credit, and maybe even where you work and live ..read more

As the cost of living continues to climb, many Canadians are finding it increasingly difficult to keep up with the minimum payments on their debts. Collection calls can be a near-constant source of anxiety. Finding a way to eliminate your debt means finding relief from an endless parade of those calls and being able to focus on what’s really important ..read more

If your financial situation has progressed to the point where you’re considering bankruptcy or debt consolidation, it’s important to know about your options and what you can do to find debt relief. When weighing debt consolidation vs bankruptcy, it can help to know the basics about each: what they are, how they can impact your credit score, and which option would be best for your long-term financial health ..read more

Over the past year, Canadian homeowners have been facing the fastest and largest increase in interest rates in over four decades. This steep rate hike has coincided at a time with historically high levels of debt and even higher cost of living, leading some to make desperate financial decisions ..read more

Nearly half of Canadians live paycheque to paycheque, with financial anxiety highest in Ontario compared to other provinces. What gives? Soaring grocery prices, a housing crisis, and high household debt are some factors.  ..read more

You’ve worked hard and as a reward you want to take a trip or two this year, but you don’t want to deal with any post-vacation debt (Smart). Don’t end up like so many other travellers who are still paying for trips they have taken years ago ..read more