Should I Re-Borrow On My Payday Loan?

You should avoid borrowing and re-borrowing with payday loans. Consider the following ways of borrowing money that are less expensive than a payday loan: cash advances on credit card, a line of credit or personal loan with your financial institution, going to your employer for a cash advance or to cash in vacation days. Is It Better To Get A …

How Much Debt Is Too Much?

Most Canadians are unaware of what constitutes too much debt, and to be fair there is not one simple answer. Most people will say that your level of debt should be equal to the risk that you are willing to carry. The more debt the higher the level of risk.

Top Ways for Canadians to get out of Debt

Are you feeling overwhelmed by your debt? Not to worry there are things you can do to curb the tide. There is no one size fits all solution for getting out of debt but there are things you can do to try and reduce your overall debt level.

What happens to my Credit Rating?

Without getting too technical, your credit rating is a record of your bill paying history. If you have been late or missed monthly payments on your credit cards or unsecured loans, it has been reflected on your credit report.

Can I include Payday Loans in the Debt Plans?

Yes. We can include all unsecured debt such as Credit Cards, Overdrafts, Lines of Credits, Payday Loans, Department Store Cards and any bill in Collections or old utility bills that you are not using anymore.

What is Unsecured Debt vs. Secured Debt?

One of our first conversations with a new client is to determine if their debt is secured or unsecured.  Many people don’t understand the difference which is completely understandable as it is a confusing topic.