Many people do not pay close attention to their finances, particularly in times of high income and significant opportunities. However, in Victoria, as well as across the province and the country, things can change rapidly, with people facing layoffs, downsizing, and business closures. Emergency financial situations can also occur, which can result in a rapid…
Read more
Most people do not get into debt over a single issue or incident. Instead, there is a slow or more rapid accumulation of unpaid bills, loans, credit card bills, and other types of financial obligations. At first, individuals or couples may be able to juggle the debt, paying just the minimums or strategically planning which…
Read more
Unfortunately, it is impossible to consider or to plan for all things that can happen in life. Sometimes, through no fault of your own, issues such as the loss of a job, divorce, emergency situations, or unexpected expenses can create financial difficulties. Missing a credit card payment or two may not seem like much, but…
Read more
Credit card debt is a problem across Canada as well as throughout the world. Credit card companies use a range of different methods to get people to buy on credit, and they may offer zero percent introductory interest and other incentives to encourage card use. Then, once that period is over, the interest rate can…
Read more