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The Canada Revenue Agency CRA Can Be One Costly Creditor
17/04/2017
Credit Counselling
We are approaching the end of April and with that, the deadline for filing your 2016 income taxes. It is a safe assumption that some percentage of the 36 million or so Canadians will owe money to the federal government after filing and will either not...
Read More arrow_forwardWhat Information Appears On My Credit Report
21/02/2017
Credit Counselling
With the steadily increasing record levels of consumer debt amongst Canadians, as a Licensed Insolvency Trustee, I am surprised by the number of people who contact me without having ever obtained their own credit report.
Read More arrow_forwardWhy You Should Pay Off Your Credit Card
11/10/2016
Jeane Herman
Credit Counselling
Could you use a little extra cash in your pocket? Paying off your credit card debt will help.
Read More arrow_forward9 Ways To Improve Your Business Credit Score
02/06/2016
Grant Bazian
Credit Counselling
In today's business environment, many Canadian businesses are having to work twice as hard to keep up with a competitive landscape in a weakened economy. If you really want to stay ahead of the curve and leave the doors open for as much opportunity as...
Read More arrow_forwardGrowing Lines Of Credit Spur Warnings
25/05/2016
Grant Bazian
Credit Counselling
Lifestyle Debt
As Canadians are struggling with a weakened economy and a consistently increasing cost of living, it's no surprise to learn that many are relying on credit in efforts of trying to stay ahead of monthly financial obligations. Taking it one step further,...
Read More arrow_forwardWhat Is The Difference Between A Secured And Unsecured Credit Card
18/05/2016
Linda Paul
Credit Counselling
Whether you are trying to figure out which credit card is right for you or if you are looking to rebuild your credit, it is important to know your options. Most credit cards have the same basic functions – they offer convenience, when purchasing...
Read More arrow_forwardUnderstanding Why Too Many Credit Inquiries Can Hurt Your Credit Score
07/04/2016
Grant Bazian
Credit Counselling
With a weakened Canadian dollar and the cost of oil still on a downturn, more and more Canadians are relying on credit to help carry them from one financial obligation to the next - even with insolvencies on the rise.
Read More arrow_forwardWhat Happens If My Credit Cards Are Frozen
12/02/2016
Ian Schofield
Credit Counselling
Credit cards have seemingly become a staple to today’s consumer. Many credit card companies offer points or rewards systems as an incentive to sign up. Major credit cards are accepted by nearly every retail outlet, restaurant, service provider and...
Read More arrow_forwardHow Does My Partner's Credit Rating Affect My Ability To Get Credit?
21/07/2015
Ian Schofield
Credit Counselling
Managing finances in a romantic partnership can be confusing when partners have different credit ratings.
Read More arrow_forwardThe Credit Card Premium
12/06/2015
Credit Counselling
Using a credit card for everyday purchases has increased substantially in the past decade. The ease of obtaining credit cards plus the benefits credit card issuers provide have stimulated use by many Canadians. In 2013 there were over 80 million credit...
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