Colwood
Credit card fraud should be a concern for anyone who owns a credit card. This useful guide provides handy tips and tricks to keep your cards and your personal information safe. What is credit card fraud? Credit card fraud is an umbrella term, which is used to describe fraudulent activity relating to the use of … Read more
Dealing with debt is a struggle for many. High levels of borrowing and high-interest rates can leave you dealing with unaffordable payments that can soon spiral out of control. Seeking debt advice can lead you to all kinds of places, with many companies offering to help you out if you’re dealing with ‘bad credit’. Knowing … Read more
Paying off debt is a lot like many other things in life. Where there’s a will, there’s a way, and once you’ve got a plan, you’re halfway there. Each of us has different ways of thinking, so it’s important to figure out a scheme you can realistically stick with. There is no hard and fast … Read more
A consumer proposal is an effective debt relief option that allows you to avoid bankruptcy and pay off a portion of your debt over an extended period. However, it will have a negative impact on your credit rating, which can make things difficult in future. Many people that enter into an agreement of this kind … Read more
When you take a credit card, you might receive additional service offers from your credit card companies, including balance protection insurance. In theory, credit card balance protection cover is designed to help cardholders in case of unexpected financial issues. The promise is straightforward: If you can’t make your payment toward the outstanding credit card balance, … Read more
Checking Your Credit Score in Canada Everyone has a credit score. If you’re unsure how to check your credit score, or you haven’t looked at your rating for a long time, this guide has all the information you need. What is a credit score? A credit score is a rating, which is used by lenders … Read more
After filing for bankruptcy, you have to begin the arduous task of repairing your credit rating. If you don’t, then it will be impossible to apply for any loans or credit when you need it. So, you can wave goodbye to a new car or house! Thankfully, credit repair after bankruptcy doesn’t need to be … Read more
Everyone should focus on achieving a good credit rating in Canada. There are many reasons why having good credit is important, and the main one is that it lets you have access to more credit in the future. People with poor credit scores often get loans with bad interest rates – or don’t get accepted … Read more
Are you worried about how filing for bankruptcy is going to impact your future finances and your credit report? Here’s what you need to know. People often assume that once you finish filing for bankruptcy, the slate is wiped clean and you can start again from a fresh financial situation. In a way, this is … Read more
Rebuilding Credit After Bankruptcy in Canada to Stay Out of Debt Bankruptcy is a legal solution if you are overburdened by the debt that you have and don’t feel as though you have any other way out. The problem with bankruptcy is that it negatively affects your creditworthiness, and this can last for years. This … Read more
Getting Credit Back After Bankruptcy Although bankruptcy can be an effective way of overhauling your finances and eliminating unmanageable debt, many people are hesitant about using this option. Often, people assume that bankruptcy has a permanent impact on their financial standing. In fact, ‘how long does it take to get my credit back after bankruptcy?’, … Read more
How is a Personal Credit Rating Calculated? If you have ever applied for a loan, you will have come across the concept of a credit rating. Lenders use it to decide whether they want to give you money or not – but what is it, exactly? In Canada, a personal credit rating is a numerical … Read more
Repairing Bad Credit With a Car Loan If you recently filed for bankruptcy, you may wonder whether a car loan can help you repair bad credit. But is it a viable option? Need Help Reviewing Your Financial Situation? Contact a Licensed Trustee for a Free Debt Relief Evaluation Schedule Your Free Consultation How A Car … Read more
How to Understand Your Credit Score When it comes to applying for financial products like a mortgage, loan or a credit card, lenders will typically look at your income, existing debts and any assets you own to determine if you’re eligible for their services. One of the most important factors that they check is your … Read more
Removing Bad History from Your Credit Report If you are facing a history of bad credit that is stopping you from planning for a healthy financial future, then it helps to learn how to get rid of bad history from your report. Need Help Reviewing Your Financial Situation? Contact a Licensed Trustee for a Free … Read more
How to Rebuild Credit Following a Bankruptcy / Debt Proposal If you experienced some financial struggles, chances are you have less than optimal credit. Poor credit leads to a wide range of challenges – particularly in terms of getting a loan. Generally, a new creditor will check with the credit bureau and look into your … Read more
Canadian Debt Repayment Solutions: What Are Your Options & Which Is Best For You? Many Canadians today are facing an enormous amount of debt, for almost as many different reasons as there are individuals. No two cases are precisely the same, and consequently each person’s circumstances must be looked at through their unique lens. In … Read more
Your credit report is a statement of information about your credit history. It lists your current credit accounts, shows how you have handled your credit in the past, and it gives lenders the opportunity to assess the level of risk attached to you when you apply to them for credit. While your credit report is … Read more
