I had received this blog and I wanted to share it with you. It outlines that “consumer credit accounts are roughly 45 percent of total household interest payments”.
WOW, It’s no wonder we all feel the proverbial pinch, with every transaction being made on plastic, or electronically how are we supposed to manage our money anymore? With “enter your card number here”, or a “click of a button”, we can spend our hard earned money far too easily and before you know it, your back to more month at the end of your money.
Have you ever been duped by the buy now pay later, or the zero percent interest for 18 months ads? I know I have, but much like every other Canadian I didn’t realize that after those 18 months of no payments if the product wasn’t paid in full, BOOM then came the 26% interest rate, OUCH! This is why consumer debt in Canada is at an all time high.
Our debt settlement program is a great option for Canadians to regain control of their finances. Here at Total Debt Freedom we believe that our program will help Canadians pull out of this economic hardship.
Now we have surpassed the United States for the most consumer debt per capita. Hmmm after hearing the declining economy for our south of the border friends, this is something I’m not very proud to brag about.
So I leave you with this, the next time you are walking past a display of large flat screen TV’s, ask yourself “Do I really need it?”
Get a Fast & Free Savings Quote Today
We Negotiate a better deal with the people you owe money to!