Canada’s Household Debt Crisis- How to Manage Your Debt Load

Canada’s household debt crisis and how to manage your debt load on a monthly basis is an important topic of discussion. Canadians are increasingly racking up more debt as total household debt loads rose to the tune of 4% since the beginning of the COVID-19 pandemic. Bank of Canada, which is responsible for formulating the country’s monetary […]

Is My Bank The Only Option For A Second Mortgage?

Is My Bank The Only Option For A Second Mortgage? There are many reasons why you would want to take out a second mortgage, and whatever that reason may be, you still need to get the money you need in a safe and fast manner. The most popular way to do that is to usually […]

Why Consolidating Your Debts Makes Sense

Consolidating your debt can make sense no matter how much you owe. The average Canadian’s consumer debt was $72,950 in 2019. That has increased beyond the previous years. This doesn’t include mortgage, student loans or car loans. Clearly, debt is a serious concern for millions of people in Canada. Is the answer to consolidate debt? […]

Should I Pay The Statement Balance On My Credit Card

Ever wonder if you should pay the statement balance on your credit card? When you get a credit card, it can be exciting. You can buy things without using your debit card, but you will need to pay up when you get your credit card statement. And you may see two numbers: your statement balance […]