Debt.ca, Author at Debt.ca - Page 9 of 9

Statistics show that Canada’s Debt-to-Income Ratio is Improving

By Debt.ca on March 28, 2012

According to the latest figures from Statistics Canada, the disposable income of most Canadians is increasing slightly in comparison to what they owe to creditors, a situation that favours debt relief options such as debt settlement. The statistics which came out in mid March 2012 showed that Canadians’ disposable income demonstrated a slight improvement towards…

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Facing Debt Problems

By Debt.ca on August 18, 2011

Debt in itself is a big problem. Taking a loan and then returning it at a later date can have serious consequences. So we should spend as much money as we have rather than constantly borrowing and ending up with debt problems. If you ask 100 people if they want to be in debt, everyone…

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Define Debt

By Debt.ca on August 1, 2011

Debt is defined as the amount of money that you owe to somebody. In other words the debt is what one party or a debtor owes to the second party or a creditor. A debt gets created as soon as any creditor provides an asset to the debtor on certain terms and conditions. In order…

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