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Debt to Income Ratio Crisis in Canada – How to Deal with Debt and Protect Your Assets

While the recession in Canada may have subsided, debt continues to cripple Canadians. So many Canadians struggle with debt for a myriad of different reasons. Many families who find themselves drowning in debt didn’t have it occur simply...

Posted March 27, 2012 | by admin |in Blog, Deal with Debt, Debt Consultants, Debt Service Ratios, Debt to Income Ratio, Financial Consultants, Money Management, Protect Your Assets

What is a Good Budget and What is a Debt Service Ratio?

The first step to building a positive financial future is to have a budget and to understand your debt service ratios. What is a debt service ratio? There are actually two kinds of debt service ratio. A debt service ratio is a measurement used...