Life is expensive – rent, mortgages, education, groceries, transportation and other expenses add up. Most of the time, you need some form of credit to get by. Sometimes, people don’t use credit responsibly for a variety of reasons. Some people might experience job loss and rely heavily on credit for day-to-day expenses. Others might not…
read full story > No Comments
As Canada emerges from the pandemic, its various industries are spinning back up, hoping beyond hope that their businesses not only recover but come back stronger than ever. Without our small businesses, we don’t have anything. To that end, we’ve spoken to eight businesspeople across a cross-section of Canadian financial-based businesses, from trustees to loan…
read full story > No Comments
When you own real estate, specifically your home, you have equity in your home. Home equity is essentially the amount of money you’ve already paid towards your mortgage loan. Or, the difference between your home’s value and the remaining amount of money left to pay off your mortgage. There are a few ways to realize…
read full story > No Comments
Many Canadians dread tax time. Tax season takes an emotional toll on us, as it increases strain on relationships, and instills fear of government. Understandably, Canadians sometimes stall filing their taxes, and this is especially true during pandemic times. Entrepreneurs and other self-employed individuals are prone to filing late, as they are likely to reinvest…
read full story > No Comments
Debt is universal. Most people experience some sort of debt in their lifetime. A significant number of Canadians experience outstanding debt, whether it’s in the form of student loans, mortgage loans, car leases, home loans, or lines of credit. Credit card debt is the most common outstanding debt amongst Canadians, with 29% of Canadians holding…
read full story > No Comments
Real estate is still one of the best investments in Canada, even now in 2021. With so many forms of investment, real estate gives people the flexibility in deciding how much risk they are comfortable with. For example, someone with a low-risk tolerance might rent out a room in their primary residence, as opposed to…
read full story > No Comments
Many people don’t know the basics of responsible spending. As a result, they plunge themselves into debt, which is a huge problem for many right now. Debt can cause problems not only to the borrower but also to the creditor. And, it’s not only a money issue we’re talking about here but a psychological one…
read full story > No Comments
Debt-to-income ratios are commonly used in the personal finance industry in Canada. The ratio assesses one’s ability to manage and repay debts. You can calculate the ratio by summing all debt payments and dividing it by monthly income. Debt-to-income ratios are usually expressed as a percentage. The lower the percentage is, the more effectively a…
read full story > No Comments
With the 2021 tax season in full swing, we thought it would be the perfect time to share some tax tips. In this article, we’ll look at ways to boost your tax refund, tips on getting your taxes filed on time and a tax credit for people with disabilities. 5 Simple Ways to Boost Your…
read full story > No Comments
Most of us have found ourselves in a financial jam at some point in our lives. If you’re looking for a loan, consider looking at your life insurance policy. You may be able to borrow money from your insurer. The great news is that the process is simple. The repayments are flexible, and it’s usually…
read full story > No Comments
Advertisement
Advertisement
Debt.ca provides information and tools to help Canadians get out of debt. Learn more about the debt relief options in Canada and find out which one is right for you.
Individual results will vary. Debt.ca does not assume or pay any debt, nor does it provide legal advice or offer credit repair services. If you require legal advice, you will need to consult with a licensed attorney. Individual results are highly dependent on successful completion of program and your ability to save money. Settlement estimates of 40 - 60% are examples of past performance and are not intended to be a guarantee of future settlement results. Results will vary based on individual circumstances. Please read and understand all contract terms prior to your enrollment. All testimonials, program descriptions and BBB Accreditation's are related to or provided by our third party affiliates. Names and pictures associated with client testimonials are not real in order to protect the privacy of all clients. Information from third parties is not verified or guaranteed by Debt.ca.
| Live Chat |  |
Live Chat