Personal debt can be just that – intensely private information that many are uncomfortable sharing. However the most recent debt poll from RBC finds three quarters of us are carrying debt of some kind. It’s time to be transparent to break the cycle and get back into the black.
A new survey shows credit card debt is rising among seniors, who are turning to borrowing when savings funds fail.
Mortgages Spotlight: Genworth reports a decline in mortgage insurance defaults, and Canadians take a cautious approach to their debt.
Should you consolidate credit card debt? It can be a tempting solution to sky high interest payments and persistent creditors – but be aware of pros and cons.
Do you have a low credit score? The answer may surprise you. From late bill payments to maxing your credit, there are tons of ways to compromise your score – are you guilty of these credit score sins?
Last year, Scotiabank unveiled a new lineup of travel rewards credit cards in partnership with American Express. The Scotiabank Gold American Express leads this group with one of the highest reward returns around – and very flexible flyer perks.
If you’re stuck in a pile of credit card debt, it may be wise to lock the cards away until the situation is under control. That’s easier said than done, however – with so many of life’s necessities requiring credit card use, going card-free can take some strategy.
Why settle for the first credit card offered in the mail? These days, there are tons of different card types and features designed to suit your lifestyle and spending needs. The right kind of card can have a big impact on how you manage your money (including paying down that balance). Which feature do you …
In celebration of Financial Literacy Month, RateSupermarket.ca offers their top tips for controlling your credit card, and paying down your balance.
Canadians may be surprised to see how much their holiday spending can add up on their credit card bills – and it’s not just on gifts. RateSupermarket.ca is looking to offset those holiday costs with the chance to win $1,100 cash, and a free $100 gift card.