Toronto Housing Market Cooling? Now’s the Time to Get Mortgage Financing Locked Down
Back in April, after much discussion and prompting from outside sources, the Ontario government instituted several measures to cool a continually hot Toronto housing market. These measures are an attempt to temper rising prices which are becoming more and more prohibitive for the average Canadian and to reduce the impacts of a potential crash. As […]
What a 1% Increase in Interest Rates Would Mean to Canadians
We’ve been hearing reports for months now that the Bank of Canada is likely to raise the Canadian interest rate in the coming months, and just a few weeks ago it finally happened. As it stands, Canada’s interest rate is sitting at 0.75%. The previously low rate made it possible for many Canadians to enter […]
Consumer Proposal or Debt Consolidation – Which Makes More Sense?
In our experience, for those looking to get rid of their debt, there is often a lot of confusion surrounding the various options available. With so many different types of debt solutions available, it can be difficult to determine which option is the best. Today, in the hopes of providing some clarification, we discuss two […]
DebtCare Services May Be Covered Under Your EAP Program
Did you know that DebtCare Canada is a service provided through many Employee Assistance Programs? If you are having trouble rehabilitating your credit report or are struggling with debt and only getting by on minimum payments, you know that these things can take their toll. Financial issues have long been known to impact productivity levels […]
How to Consolidate Debt and Start the New Year Fresh
2016 is fast approaching, and that usually means setting goals for the year ahead and making plans to get certain things back on track. For many Canadians, this means taking a good, hard look at finances and often attempting to take control of unruly debt by consolidating it. Often the first thing people wonder when […]
Getting Prepared: Consolidate Your Debt Long Before the Holidays
With the end of September fast approaching, that means the seasons are officially changing. It also means that the holiday season is only 3 short months away. If you are in debt, this can become a stressful time, very quickly. People often rack up considerable debt over the summer months, with family vacations and the […]
Would You Go on Trial for Murder Without a Lawyer? Dealing with Debt
Would you go on trial for murder without a lawyer? We think it is safe to assume that the answer is no! Why? Because the stakes are high and the Crown attorney is a professional appointed by the Attorney General/Minister of Justice to enforce the law. Little old you can’t go up against a trained, […]
Debt Relief 101: Refinance Your Mortgage to Consolidate Debt
When your debt begins to climb at a rate that seems to be spiraling out of control, or if you are just tired of shelling out money without seeing totals decrease, it might be time to consider a different approach. Making minimum monthly payments is not actually going to get you out of debt – […]