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by Jeremy
According to a new report released today by the OECD, Canada is leading the world when it comes to household debt. The group calculated household debt levels compared to the size of the overall economy in 28 OECD nations, and found that the household debt-to-GDP ratio in Canada was higher than in any other country studied, at 101 per cent. [CBC] This stresses the need for Canadians to get a handle on their debt and learn how to better manage it. If you are having trouble paying your bills and debts, here’s some sound advice: Be honest, be proactive! If you know a payment will be late, call your…
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Posted by Jeremy
A new report released today, shows that non-mortgage debt among Canadian seniors is growing. According to Equifax, non-mortgage…
Posted by Jeremy
After the added expenses of the holiday season, and the ringing in of a new year, many people…
Posted by Jeremy
Earlier today, results from a Consumer Debt Survey hit the media, outlining the fact that 58 per cent…
Posted by Jeremy
Today, Equifax announced that delinquency rates in Alberta have climbed, mainly due to the economic impact of the…
Posted by Jeremy
Debt. That word has such a negative connotation to it, and most people probably just feel overwhelmed by…
Posted by Jeremy
A lot of Canadians plan to pay for Christmas presents this year with credit, but unless you have…
Posted by Jeremy
Your home is one of the biggest financial investments you’ll make, but sometimes financial difficulty can come your…
Posted by Jeremy
It’s no secret that Calgary’s economy isn’t at its best right now, and CMHC reported yesterday that Calgary’s…
Posted by Jeremy
Looking towards 2016, paying down debt is the top priority for Canadians in the new year, according to…
Posted by Jeremy
It’s no secret, the economy in Alberta is taking a bit of a hit with the oil and…
Posted by Jeremy
It’s no secret the economy is taking a toll on Albertans, even today two more major companies announced…
Posted by Jeremy
A report by TransUnion released this week, shows that Canadians are getting better at paying down their debts…
