If you’ve followed along since January, you’re now eight months into your debt free journey! But high interest could be holding you back from erasing all your debt before the curtain closes on 2016. Read on to find out what you can do to lower your interest payments and speed up your repayment timeline.
One of the top New Year’s resolutions is to get out of debt – especially with consumer credit at all-time highs, and record low borrowing rates poised to rise in the new year. The good news? It’s never too late to turn your finances around – and what better time than the dawn of a new year to get started down the path to financial security?
In celebration of Financial Literacy Month, RateSupermarket.ca offers their top tips for controlling your credit card, and paying down your balance.