Debt Relief: Creating a Weekly Financial Checklist
We can all use a little help sometimes, and when it comes to financial planning, some of us are more likely than others to need that helping hand. If you are struggling with debt and need some debt relief, there are countless ways that this can be done – but sometimes it starts with a […]
Fast Cash = Big Problems: The Notorious Payday Loan
It seems as though payday loans are becoming alarmingly more prevalent for many individuals looking for a quick financial fix. But borrower beware: if you are considering a payday loan to help with some upcoming bills, or to make a big-budget purchase, you might want to think again. There has been a great deal in […]
Say Goodbye to Credit Card Debt
With Canada’s consumer debt continuing to rise, although at a slower rate, it is no surprise when individuals come to us looking for credit card debt relief. The ease with which credit card companies extend credit, even to those with less than stellar credit, and with credit limits far exceeding what is necessary, it can […]
Know the Difference: Secured Versus Unsecured Debt
In the world of finance, there are so many different types of debt that it can be really tough to wrap your head around those differences. Furthermore, when you find yourself struggling to make the minimum payments or trying diligently to get out of debt those subtle differences can be easy to ignore. In an […]
Globe and Mail: Why Teaching Your Teens to Stay Debt Free Matters
With an often unstable job market, and huge tuition rates, it has become a trend over the last few decades for kids to rely more on their parents financially than ever before. Gone are the days of kids turning 18 and leaving the house (and your wallet debt free) for good. Longer stays at home […]
Take Action to Get Out of Debt: Tips and Tricks
Debt free: a highly attractive yet increasingly unattainable lifestyle for the average Canadian. No matter how you slice it, consumer debt has become a major problem for many individuals, and whether as a result of job loss, divorce, student debt, or just overzealous spending, many now find themselves trying to dig themselves out of a […]
Wallet-Friendly Summer Fun Ideas – Don’t Get Caught Drowning in Debt
Any parent knows that once school is out, the kids are itching for some fun outside of the classroom. For many, this means summer camps or family vacations, but if you are drowning in debt, the thought of shelling out all that extra dough just to keep the kids entertained may be a bit more […]
DebtCare’s Financial and Debt Expert Sara Mitchell Interviewed on CFRB 1010 by Tim Hudak
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 crisis, feel free to reach out to Sara or the DebtCare team at www.debtcare.ca or by […]
Not So Happy Canada Day When it Comes to Canadian Consumer Debt According to Yahoo Finance
Last week we celebrated Canada Day and that means that half of 2014 is officially over. Just like New Year’s Day, this holiday often leads people to think back on the past 6 months – have you evaluated your current debt load? Well, if you haven’t, Yahoo Finance has, and has discovered just how much […]
Why You should Never Go to a Bankruptcy Trustee in Ontario Without Representation
A bankruptcy trustee is a court appointed officer. Their job is to administer bankruptcies and consumer proposals in Canada – and they do this by representing both you and your creditors. This means that they are expected to get as much as possible from you for your creditors. Take a look at the typical process […]