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Category: Managing Debt

Understanding and Managing Debt

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DMP in Canada: Myths vs Reality 

Many Canadians feel trapped by growing credit card balances, high‑interest loans, or overdue bills. Managing multiple payments can quickly become overwhelming, especially with today’s cost of living. A DMP (Debt Management Plan) can be a lifeline for those who want to repay what they owe but need structure and support. However, myths and half‑truths about…

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