Blog

What Happens When You Don’t Pay Your Credit Card in Canada?
22
2022 Sep
A credit card is considered one of the most widely-used financial instruments for transactions. It allows you to make transactions without needing to pay them back immediately. A credit card involves

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Tips to Start an Emergency Fund when you are in Debt
3
2022 Sep
It can be challenging to decide between paying off Debt and setting up money for emergencies. You're not the only one who finds it challenging to determine how to divide the money from a windfall or y

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The Truth about Debt Consolidation: Debunking Common Myths
1
2022 Sep
It means taking out a new loan to pay off the other loans, liabilities or consumer debts. These are generally unsecured, and one or many debts combine into one large piece of Debt. It has a favourable

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Is Insolvency different from Bankruptcy?
30
2022 Aug
It means taking out a new loan to pay off the other loans, liabilities, or consumer debts. These are generally unsecured, and one or many debts combine into one single large piece of debt. It has a fa

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The Truth about Credit Card Limit Increases
27
2022 Aug
Increasing your credit limit is just a way to spend more than you can afford, right? No, not always. In truth, raising your credit limit can have many benefits if you manage your credit well. Filing f

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Interest Rate Hikes: What Does It Mean for Canadians’ Debt and Spending?
25
2022 Aug
We invest in something with the knowledge that interest rates will always vary. Yet, sometimes we get caught by shock by them, particularly when they climb. The Bank of Canada raised interest rates to

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How to Credit to your Advantage?
23
2022 Aug
Your credit card may be a financial tool, giving you the most incredible power out of all the ones you have access to. Much more than just a bill-paying tool in the form of plastic. Additionally, a ba

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Protecting Yourself against Fraud and Scams
20
2022 Aug
Are you safe from fraud? Since 2020, nearly 40,000 fraud reports have been filed in Canada. If you've ever been a victim of fraud, you're aware of the damage and problems that come with it. If you hav

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A credit score: what is it?
18
2022 Aug
A three-digit number between 300 and 900 represents your credit score. It illustrates the state of your finances. It helps lenders determine your creditworthiness.

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