If your debt is piling up – credit cards, store cards, car and loan payments– then the interest that you’re paying could be standing in the way of your financial security. If interest rates go up, it could get a lot worse. The good news is that Canadian homeowners have a great option: debt consolidation. […]
When your mortgage application is being considered, your lender will look at your credit habits: do you pay your bills on time? Do you tend to get over-extended on your credit card? These habits are reflected in your credit rating. In order for your lender to assess your borrowing profile, you’ll need two revolving sources […]
Not all debt is created equal – and not all debt is bad. In fact, you need some debt to establish a good credit rating. Being a responsible borrower means knowing which types of debt can help you reach your financial goals and which types leave you further behind. So how do you distinguish between […]
Know Your Rights! There are rules for collecting debt in Canada and you need to know what they are to protect yourself. CBC News has published a great article that I would like to share if you find your self in this situation.
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The Mortgage Doctor If you have unpaid collections standing in the way of your credit and borrowing capacity, you need to read this article brought to you by Bankruptcy Canada Got a question, ask us using the form below or call us at 866-452-1100