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Canadian debt levels are on the rise again according to Statistics Canada. Recent numbers show that the average Canadian owes $1.71 for every dollar they spend. Things don’t look much better for Canadian businesses. About 44 percent of businesses say they have reached their borrowing limit.  Read More

Being deep in debt is stressful. Debt can make it impossible to have financial freedom and can grow worse if you don’t take action to get a handle on it. People can also need bankruptcy protection because they think have left the issues to long to have many other options.  Read More

If you are currently repaying multiple high-interest loans, you should consider consolidating them into a single loan with a much lower interest rate, or possibly no interest if you choose to file for a consumer proposal.  Read More

If you need help overcoming high levels of debt, consolidation can be your best solution. Overwhelming debt can lead to late payment fees, lower credit scores, and financial stress.  Read More

As the joy of the holiday season fades into the pragmatism of the New Year, it’s time to analyze your Christmas spending. If you, like millions of Canadians, find yourself in debt this coming January, it’s important to follow expert advice on managing your finances.  Read More