Posts Tagged ‘Debt’
Student Loan Repayment: How Quickly Should You Pay It Off?
Not many students can afford to pay for their entire post secondary education without some form of education financing. The average student loan debt for graduating students in Canada is over $20,000, seriously harming their financial position as they enter the workforce. But should you be focused on student loan repayment as soon as you’re done…
Read MoreWhat Does Your Credit Score Really Mean?
Some people are obsessed with their credit score, especially when trying to get out of debt. Your credit score is important if you plan on borrowing – to get a car loan or to buy a home, for example. I’ve sent away for my free credit report a couple of times to check for errors,…
Read MoreQuick Cash Solutions: A Dangerous Game
“I will gladly pay you Tuesday for a hamburger today.” – J. Wellington Wimpey What are friends for? Payday seems an eternity away and you only have two loonies in your wallet. All your credit cards are maxed out and you need some quick cash. What do you do? Just ask your friend to loan you…
Read MoreIn Debt, You Should Stop Donating
When in debt there is a good case for stopping ALL giving money to charity, that even means not putting a quarter in the Salvation Army bucket at Christmas.
Read MoreDebt Management: How Well Do You Handle Debt?
Debt management is simply how well you handle the debt you have now and how prepared you are to handle debt in the future. Effective debt management is critical to a sound financial plan.
Read More4 Quick And Surefire Ways To Raise Your Credit Score
Don’t expect that your credit score will improve overnight, but you can get a jump start with these 4 ways to raise your credit score.
Read MoreIs Debt Derailing Your Retirement Plans?
You should also consider the long-term effects of debt. One of the surest ways to derail your retirement plans is to have debt.One of the surest ways to derail your retirement plans is to have debt.
Read MoreWhy You Shouldn’t Care About Credit Card Interest Rates
I know this person doesn’t carry a balance on his credit card, so why would he care about the interest rate?
Read MoreCredit Report Scoring
By law everyone is allowed a free copy of their credit report once a year from Equifax.ca or TransUnion.ca, unfortunately these companies charge extra to get the credit score
Read MoreCredit Bureau Reports
Have you checked out a copy of your credit report lately? It’s a good idea to review it from time to time (even once a year) with the prevalence of identity theft, but even to just check for errors.
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