Your 2018 Debt Consolidation Options
As Canada’s household debt continues to rise, many Canadians are looking at debt consolidation options. Rising interest rates and new mortgage rules are leaving less room for debt and those who once had a comfortable cushion may now find themselves struggling. If you’re finding yourself in a position where your debt is becoming unmanageable, or […]
Is a Debt Consolidation Loan the Answer to Holiday Debt?
You made it through the holidays and now the credit card bills are rolling in. You went a little over your original holiday budget (don’t we all?), and now the credit cards are maxed out with no real way to pay them off. Perhaps you’ll just make the minimum payments for a while, until you’re […]
Is a Consumer Proposal a Debt Consolidation Loan?
When looking for a solution to a financial problem or accumulated debt, you will find that there are many services available that offer different things. Banks and finance companies traditionally offer debt consolidation loans, while trustees in bankruptcy deal with debt through bankruptcies and consumer proposals. Debt consolidations involve consolidating debt into a single payment […]