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Debt Relief Strategies to Help You Fall Back in Love with Your Bank Account

This time of year, it is hard not to get swept up in the spirit of the season. Hearts and cupids in every store window and Valentine’s Day commercials for flowers and jewellery make it almost impossible to ignore. And perhaps there is love in your life – but when that isn’t an emotion you have towards your bank account it might be time to get your butt in gear

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Making a Proposal, and We Don’t Mean for Marriage: Consumer Proposals

When debt becomes unmanageable, knowing where to turn can be tough. Knowing the options available to deal with that debt can be difficult – and that is why getting outside advice is often a great idea. One of the most popular options right now, one that requires additional assistance, is a consumer proposal. New to this concept but wondering what a consumer proposal is all about? A consumer proposal is

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2015 To Do List: How to Fix Your Credit

One of the worst things about rising debt, and the negatives that accompany that debt, is the hit your credit report takes as a result. Even after you have sought out assistance to deal with and pay down your debt, that credit report still reflects the last few years of not so great credit behaviour. So what? Your credit score is just a number – one you never really see.

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In The News: Global News Talks Canadian Consumer Debt

In a recent Global News release, the most recent Canadian consumer debt statistics were examined, and what’s been found might surprise you. According to the article, debt levels vary from province to province, and the spending trends vary with them. The article states that in the east, where consumers are less likely to be able to handle the financial burden, spending has increased; debt levels have increased, on average, 4%.

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Ring in the New Year with These Finance Fixing Tips for Paying Off Debt

Last week, knowing that the holidays have now come to a close, we started 2015 off with a list of helpful tips to get rid of holiday credit card debt. This week, we thought we’d go a step further and help you get a handle on all of that debt – both credit cards and other debt – that has managed to stack up over the course of the year.

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Holiday Spending Got You in a Crunch? Check Out These Credit Card Debt Solutions

Happy 2015 everyone! The holidays are wrapping up and that means that it is time to get back to reality, which, for most of us, means looking over those holiday bills that we’ve been attempting to avoid for the past month.  If holiday spending has you in a crunch, check out these credit card debt solutions to help get those finances back on track. Stop using those cards! Right now.

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Health and Wealth: Toronto Star Talks Personal Debt and its Impacts

It is common knowledge that financial troubles and personal debt can be major stressors – and that this stress can then lead to other health impacts – but now studies have shown this to undoubtedly be the case. Check out this recent article from The Toronto Star. According to the article, “Studies show that illnesses such as diabetes are twice as common in Ontario’s poorest households. Cardiovascular disease is 17

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Backed into a Corner: Stopping a Wage Garnishment

You’ve just received your bi-weekly paycheque, but the money deposited in your account is far lower than what is stated on your paycheque. After inquiries to your payroll department, you realize that this is not a mistake to be remedied by your company, but rather the result of some unpaid bills. A wage garnishment can be a financially devastating thing, one that is actually incredibly common, so what can you

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Happy Holidays From DebtCare Canada

It is officially that time of year again, and we just want to wish everyone a very happy holiday season. For many of us, 2014 has been full of great memories to cherish, and for many of our clients, it has also been a time of exciting financial victory – we are proud to have been a part of that triumph! With the New Year just days away, and New

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Who Is Spending? Canadian Household Debt

Canadian consumer debt has continued to rise over the last few months, and although the delinquency rate has dropped, the spending has not. But since the delinquency rate has dropped, that means that individuals are more conscious of the need to keep up with paying off Canadian household debt – which is always a good thing. So who is spending, who is responsible for dealing with household debt, and how

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