Is your score being haunted by a debt, bankruptcy or registered item? By law, negative information can only stay on your credit report for a certain length of time, typically up to a maximum of 6 years. But this could be longer or shorter based on…
Have you been feeling down lately? Well, if it helps lift your spirits, know that you’re not alone. A combination of lousy weather, post-holiday malaise, and holiday-related credit card debt has resulted in the third Monday of every January.
Most Canadians can afford to pay off their credit card bill each month but surprisingly, a good portion of them don’t, according to a recent study. The problem: They’re paying too much attention to…
When you’re working hard to get out of debt, emergency expenses can throw you for a loop. Read on to find out how you can manage your budget if something unexpected happens.
Statistics Canada says our debt-to-disposable income ratios are at an all-time high, but it’s not all bad news. Read on to find out the factors influencing these numbers on how you can narrow the gap.
If you’ve been following along with our debt free journey, you’re now more than halfway through your plan to erase all your debt by 2017. Here are some ways to reward yourself to stay motivated right through to the end.
We’ve all heard the warnings about carrying too much credit card debt – but a recent study finds Canadian card balances may actually be of benefit to the nation’s biggest lenders.
The average amount of Canadian credit card debt has hit a three-year high according to a recent report from TransUnion. What are the top culprits behind high balances? Read on for our breakdown.
Two of Canada’s largest lenders, RBC and Scotiabank, had their credit ratings downgraded last week by Fitch and Moody’s respectively. What’s behind this downgrade – and should banking consumers worry?
Have debt you just can’t seem to pay down? Check out our 12 Months to Being Debt Free series! January kicks off with prepping your pay-off plan. Read on to learn more.