Our credit scores play an essential role in our financial lives. Understanding what factors influence our credit score and who creates our credit reports is vital to improving our credit scores. For many of us, our credit scores influence our ability to access loans, mortgages, open credit cards and even impact the jobs we get […]
Your credit score is one of the most important pieces of your personal financial life. New lenders, credit card companies, employers, and even insurance companies will use your credit score to determine your risk of default. Knowing how a credit score is calculated and how it works is important if you want to take control […]
Your finances play a large role in your mental health and how you feel overall. Too much financial stress can weigh on your mind and affect how you feel. You might not even realize that’s what is causing your anguish either. It takes some soul searching and time to understand why you feel the way […]
If the pandemic taught us anything, it’s that we must be prepared for anything. In the blink of an eye life can change and if you don’t have an emergency fund, you could find yourself in financial distress. If you’d like to find ways to avoid personal bankruptcy or falling behind on your bills, you […]
Everyone with an income pays taxes, but sometimes the CRA offers assistance to those who need it, especially the disabled. If you have a chronic illness or injury that makes it hard to do daily activities, you may qualify for the Disability Tax Credit. Millions of people that qualify don’t realize they do. Here’s everything […]
If you are paying a high credit card interest rate, achieving debt freedom is almost impossible. With interest rates as high as 19.99 percent for purchases and 24.99 percent on cash advances, it’s hard to get out of credit card debt. But, with the right steps, you can reduce your debt by securing lower credit […]
You do not have to navigate your financial goals alone. Many financial professionals can help you achieve financial goals through hands-on support and expert advice. If you are focused on paying off debt, repairing your credit, and building a financial future, a debt expert may be the right person to help you reach your goals. […]
Bankruptcy in Canada is an alternative many people turn to when overwhelmed with debt and feel like there are no other options available. Before you consider bankruptcy, it is important to know that there may be other ways for you to manage your debt. Your options may include debt consolidation, debt management, or a consumer […]
The process of repaying debt is difficult and stressful! Not only is it a financial burden, but it can also cause mental stress and anguish. Canadian households are becoming increasingly indebted. As the cost of living increases, it can become harder and harder to feel like you have your debt under control. If you’re feeling […]
It’s always a good time to focus on your financial goals. Your finances are an essential part of how you live your life. 34% of Canadians believe that finances control their lives. It can be challenging to feel like you’re not in control of your life if you have to work hard to make ends […]
If you pay your bills on time each month, you’ve probably noticed that some expenses don’t usually change that much. These costs, often known as “living expenses,” include your mortgage or rent, food, utilities, and other things. Living costs are also required to maintain your home, your family, and your health. Understanding your monthly living […]
Canadians are susceptible to becoming overwhelmed by the stress and anxiety that comes with having a large amount of debt on their shoulders. We can help you discover a solution to your debt problem so that you can have a decent night’s sleep again and not worry about your debts and financial woes. Serious Debt […]
There is always something to improve on, even if you think everything is perfect. Situations keep changing, and inflation keeps rising, which affects the cost of living. This alone is enough reason to refresh your finances and establish a reliable method for managing your finances and maintain it consistently. Doing this will help you steadily […]
While banks, mortgage lenders and credit unions are in the industry of lending money, they don’t really view every applicant who applies for a debt consolidation loan as a strong candidate. Your application can be rejected, or you might get a loan offer with a high interest rate that won’t help you with your debt […]