The Low Interest Credit Hunt– Your House is Likely the Fastest Way There
2015 was not the year for many big businesses. Sinking prices for oil and other commodities took a big bite out of national income, business investment and domestic demand – and gross domestic product rose just 1.2 % in the year. Last year’s economic growth was pretty dismal – some even suggesting 2015 experienced a […]
Missing the CRA Tax Deadline Will Cost You…
The 2015 CRA tax deadline is fast approaching – April 30th is less than 2 weeks away! That means that your income taxes need to be filed before this date or you’ll be facing penalties and interest if you owe a tax debt. If you have a balance owing for 2015, the CRA will charge […]
Frozen Bank Account Courtesy of the Tax Man?
Do you have a frozen bank account courtesy of the Tax Man? You’re not alone! Thousands of Canadians owe the tax man – this is a simple but often startling fact. Owing the Canada Revenue Agency (CRA) isn’t illegal, but that doesn’t mean the organization is lenient – far from it. If you owe, the […]
CRA Collections Calling You at Work? How to Stop it Now!
Spring is fast approaching, and that means the snow may still be holding on but it is getting weaker and weaker. With winter on the way out, that means the tax season is just around the corner. However, if you are currently sitting on a tax debt, you may be months into your tax season, […]
A No or Low Interest Consolidation is the Only Type of Viable Debt Consolidation
People call us all the time and tell us that they would love to pay down their debt or get rid of it altogether, but they are not quite sure of the best way to do it or even where to start. There really isn’t any one ‘best way’ that works perfectly for everyone – […]
When Your Trustee in Bankruptcy is Pushing a Consumer Proposal…
So you’ve finally decided to get a handle on your debt. You’ve done some research, spoken to friends and family, and have decided to get in touch with a trustee. On the first consultation, that trustee in bankruptcy suggests a consumer proposal. Then continues to suggest it, making it seem as though it is your […]
Credit Reports 101 – The Credit Score Range and You!
Your credit score is important. We all know this. Most of us also know why – it indicates the level of risk you present to lenders when applying for various credit products, including mortgages, car loans, personal lines of credit, credit cards, even insurance. What many people are not as sure about when it comes […]
Stopping a Wage Garnishment is Easier Than You Think – Even a CRA One
Situation: You wake up Friday morning, it is payday, and it is going to be a good day. You check your bank account, realize there is money missing (your paycheque was only a portion of what it should have been), so you do some research and find out your wages have been garnished. So long […]
Credit Repair Companies and How to Choose One
Your credit controls a lot in your life. It can impact your ability to get a car, a home, insurance, and some employers will even pull a credit score as part of their reference check. When your credit is not up to snuff, you may find it difficult to obtain even the most minimal credit, […]
Dangerous Canada Revenue Agency Requests and What to Do if You Get One
Tax, tax, tax. There is nothing fun about tax – especially when you owe. If you owe the Canada Revenue Agency money, you are sitting on a ticking time bomb. They want that money and they will get it. The Canada Revenue Agency is not your friend. Agents can be sneaky when it comes to […]