If you’re struggling to pay off big amounts of credit card debt, you’re not alone. With rising debt levels and spiking interest rates, consumers may find themselves faced with a huge problem. Check out the following tips to help you move forward in the right direction: Take control of your finances Don’t let your bad…
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Current statistical data has made Canada the poster child for dangerous levels of consumer debt, with the country’s household debt burden reaching record highs, The Globe and Mail report. If you find yourself in the same situation as many Canadians who are struggling with debt, here’s what you can do. Repay your debts Find ways…
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For many families in Canada, household debt has reached an alarming high, with more than 80 per cent of debt in mortgages and home equity credit lines, the Financial Post reports. The rise in debt levels has largely been due to the rise in home prices. If you find yourself in the same boat, here’s…
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About 38 percent of all marriages that took place in 2004 would have ended in divorce by 2035, Statistics Canada reports. That’s about four in every ten marriages that will end in divorce. The result? Those experiencing marital or relationship breakdown will often find themselves out of financial support, with many ending up with debt.…
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