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 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.
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