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...
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...
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...
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...
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...
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...
DebtCare is proud to announce that our own Karen Goldenberg, C.M., Director of Community Outreach at DebtCare Canada, has been made a Member of the Order of Canada. This prestigious award recognizes a lifetime of achievement and commitment...
Sara Mitchell, financial and debt expert at DebtCare Canada, was interviewed on CFRB 1010 by Ontario’s PC leader Tim Hudak about the implication of debt on Canadian families and solutions for overcoming it. If you are in a financial...
As a financial or investment advisor your clients look to you for protection: to protect their family in the event of a death, to protect their wealth, to protect themselves when the time comes to retire and more… You are often the first...
In the world of credit, a payday loan has become an increasingly popular form of financial funding. The ease with which they can be obtained makes them seem attractive to many who need quick cash. The ability to walk into a payday loan...
If you are drowning in debt and having trouble making even the minimum payment on any of your cards – or worse, not making them – it might be time to admit that you have a debt problem. Ignoring this problem will only end up making...
Getting into debt is often very easy, and when that debt gets out of control it can be much harder to get out. The consequences of debt, especially when those debt responsibilities are not being met, can be devastating. Getting financing for a...