How Canadians can solve their debt problems

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…