As of 2014, the average amount of student debt in Canada post graduation was around $25,000. With poor job opportunities for graduates, it is becoming difficult for students to pay back their debts. In many cases, it may force someone to delay other life milestones such as marriage, purchasing a first home or having ...

Read More »

You might have heard of the words skimming, phishing and online fraud but are not familiar with what they actually mean. Online fraud is the use of the Internet to defraud individuals by obtaining their personal information and selling it or by making transactions. Skimming and phishing are two examples of online fraud. Here is ...

Read More »

Although credit cards are generally very safe and companies can automatically detect bizarre activity, credit card fraud can occur, albeit to only a small percentage of Canadians (0.77%), but it results in a large loss of money. In 2010, for example, $365,916,944 was lost due to credit card fraud. Some forms of credit ...

Read More »

Being unable to pay for bills is very common - in fact, nearly every Canadian has been faced with this reality at some point in her or his life, borrowing from one credit card to pay for another one. If you find yourself with mounting debt and want to get back on your feet, the good news is that you have a few different options, ...

Read More »