The statute of limitation was put in place to protect people in cases where a debt has either been forgotten about, or it has now been discovered by a creditor after many years have gone by. In other words it seems like the court system doesn’t want to deal with old claims from many years ago,…
Overdraft protection is just another product the bank offers, as a way for individual to pay off an expense that comes through, and they do not have enough money in their bank account to cover it. You may think this is really nice of the bank, but don’t kid yourself, it’s not free, it’s very…
If you are a homeowner, and have debt, you might be concerned that your bank or credit card company can take your home away from you, and put your family on the street. Words like “power of sale” or “foreclosure” can seem scary. But this is Canada, and the financial crisis of 2008 in the…
There are a few options available when trying to get a credit card when you have bad credit. Before you decide that this is a good alternative for you, always remember on anything you purchase you generally have up to 22 days or so to pay the balance off before the interest is tacked on.…
I started in the collection industry as a bill collector in the early 90’s. Back then, the collection rules for bill collectors weren’t enforced as much as they are today so you would hear bill collectors say things like “We will send you to the debtor prison if you don’t pay your bill”, or we…
This is a question we seem to get time and time again. A person’s credit score is important when you are in a financial position and have job security. Should you need to borrow money from your bank, a good credit score matters. You will also need to consider this, you can also have a great…
Wow, now this is some SERIOUS stuff. Not only are you probably finding it difficult to find a comfortable position so you can sleep at night or trying to make sure you are eating all the right things to make sure you are getting all the right nutrients to your baby to ensure a healthy…
There are many ways a person can improve their credit score. This is a question I get asked often and I usually have the same comment for everyone. It goes like this. You’ve decided to have a bunch of family over for dinner and you are going to make this amazing pasta sauce. Would you…
This really depends on who you are talking to. At the age of 22 I was down on my luck. I had to count every penny I had to make sure I could get my laundry cleaned, had bus tokens to get to work, had enough to buy bread and tuna, and to support my…
I will probably show my age here however here it goes. Years ago a friend of mine bought a 1979 Volkswagen Scirocco. He drove that car like it was the fastest car on earth. At this time he was living in California so the car was in mint shape. No RUST!! He would write letters…
