There are two camps on credit counselling. Those that trust in it, and the increasing movement that are critical of how it is structured. In this blog post we will look at what credit counselling is, and how it works. I’m not opposed to credit counselling services but I tend to lean more towards the critical camp; the…
In December 2012, I placed a “mystery shopper” call by fluke to a non-profit credit counselling company. The website is nomoredebts.org. I was doing some research online on the keyword “debt settlement” and their advertisement on Google caught my attention in my Markham, Ontario office. When I clicked the ad it took me here. I…
Canadian banks are insanely profitable, in a recent episode titled “busting the banks” CBC Marketplace revealed how Canada’s 5 biggest banks, earned a record $28 BILLON in profit and how they make some of that money. This Marketplace episode exposes some serious banking trickery. Another example of bank trickery, that banks seem passionate about, is trying to get you…
