With the cost of post-secondary education running in the tens of thousands, a large majority of students use student loans to pay for their studies. According to the Canada Student Loans Program, in the 2014-2015 year, the government provided 489,000 full-time students with $2.7 billion in loans and a further $20.9 million in loans to […]
Archives for February 2020
How Do Payday Loans Work?
Sometimes, emergencies happen – your car breaks down, the roof on your house needs repair, or your child needs expensive medication for an illness. If you don’t have enough money saved for emergencies such as these, it can be a challenge. Oftentimes, it’s these types of situations that cause people to take out payday loans. […]
What is Credit Counselling and How Does it Work in Canada?
Canadians are saddled with some of the highest household debt levels in the world, carrying $2.9 trillion in consumer and mortgage debt — nearly double what they carried 10 years ago. With more and more people attempting to live beyond their means, it’s only natural that credit troubles are also becoming more common. Insolvencies, and […]
Credit Counselling Services of Atlantic Canada Launches Annual Scholarship Program
Is the cost of tuition getting you down? Post-secondary students in Atlantic Canada are now invited to apply to Credit Counselling Services of Atlantic Canada’s annual scholarship, which awards up to 10 $1,000 scholarships to put towards tuition, books or other schooling needs. Scholarships are open to residents of Atlantic Canada (regardless of age) who […]
