Introduction In today’s economic landscape, managing debt can be a challenging endeavor. For many, debt becomes an overwhelming burden that affects every aspect of life, from financial stability to mental health. This is where debt settlement comes into play—a viable...
Rising cost of living, higher interest rates and economic slowdown. These were the economic culprits responsible for Canada’s credit card debt which hit an all-time high in the 3rd quarter of last year. According to Equifax Canada’s latest credit trends report, credit...
There is a lot of advice you hear regarding the use of credit cards, but most of that advice was never intended for people coping with a financial emergency – let alone, a pandemic. When faced with a sudden disruption in income — something millions of people are going...
Credit cards are the biggest source of debt for the vast majority of Americans and certainly the easiest to get into financial trouble with. When compounded with a crisis such as the Coronavirus pandemic, relying on credit cards can become all too common, and can make...
In the last couple of months, we’ve heard much about the effect of COVID-19 on the economy and the steps the federal government has taken to try to alleviate some of the financial impacts on Americans. The CARES Act, which included a $1,200 payment to almost every...
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