5 Minute Debt Relief: Why Thinking About Getting Out of Debt Matters

If you’re reading this article, there’s a good chance you’re experiencing (or have experienced) debt. Many Canadians have been there, and they all have different ways of getting out of it. There is the ever popular ostrich-with-its-head-in-the-sand approach… but we wouldn’t recommend it. Too… sandy. There’s the obsessive-lunatic-let-it-dominate-your-life approach, but that one’s a bit too…

Debt Settlement Plans

A Debt Settlement Plan is an excellent financial option if you find yourself struggling to pay your bills, but are still solvent. In other words, you have more assets than liabilities and are able to pay your debts on time. If you choose to proceed with a debt settlement plan, the best choice is to…

How Credit Card Payments Get Applied.

If you are already carrying a large balance on your credit cards then just making the minimum monthly payments could take you a lifetime to be debt free. Here’s why; flip over your credit card statement.  The government requires credit card companies to disclose certain details to the consumer; one of those details is how…