Bad credit brings negative social, emotional, and financial stigma. If you have bad credit, you will find it very difficult to get a loan, meaning you won’t be able to get a mortgage for a house, a new car, or a line of credit for renovations. Bad credit overwhelms those who struggle with financial hardships […]
Archives for May 2020
Bankruptcies, Consumer Proposals Down Despite Record Unemployment and Debt Levels
Canada’s recently released unemployment numbers show that the jobless rate jumped from 7.8 per cent in March to 13 per cent in April – nearly matching the highest ever recorded data dating back to the mid-1970s. Yet despite this, the number of Canadians filing for insolvency has decreased significantly. First-quarter numbers released by the Office […]
How to Pay Off Debt and Save at the Same Time
Over the last few years, more and more families and individuals have been facing serious financial hardships, which have often stood in the way of their efforts to pay off debt and save money at the same time. Fortunately, there are ways you can regain your financial independence and still manage to save up some money for an […]
How to Make More Money in Canada
With today’s growing debt levels and the increasing cost of buying groceries, gas and other essentials, Canadians are looking for ways to make more money in order to balance their budget. Having a side hustle is one of the easiest ways to try and improve your financial situation. After all, if your budget doesn’t balance, […]
