Did you know? A consumer proposal can last up to 60 months and take an additional 3 years to purge from your credit report.
Archives for September 2013
Having a low income is often the reason why so many people have trouble getting out of debt. While a low income may be able to cover the minimum payments on your debt repayment, it may not be enough for additional expenses, including daily living. As much as many individuals would like to stick to […]
What is debt? The answer to that question is simple: any amount of money that you owe is considered debt. But can it be avoided? The answer to this question is not that simple. It depends on the specific situation of a person or family, and also on the social and economic circumstances at a […]
Bad credit brings negative social, emotional, and financial stigma. Bad credit overwhelms those who struggle with financial hardships more than the debt itself. Paying off debt is the best way to repair your bad credit. When debt affects your credit score, you are seriously behind with your payments. No matter how bad the situation may […]