Did you know there are several ratios you can use to measure your personal debt risk? Find out how to calculate these ratios and what you can do to apply the knowledge to your financial decisions.
Should you consolidate credit card debt with a home equity line of credit? Find out how a home equity line of credit works and if it’s really the right choice for you.
Paying down debt doesn't have to take big chunks of money. Doug Hoyes explains how to pay down debt sooner using micropayments and how it improves your financial situation.
You have debt and poor credit. Can you get a debt consolidation loan and how much will this cost? We explain the consequences of a bad credit consolidation loan and give you options.
Is someone you love asking you for a loan? How can you tell if you are financially stable enough to help them or not? Doug Hoyes explores this topic and provides a real-life story from a client.
Lenders might offer you more money to deal with your cash crunch, or to consolidation high interest loans like credit cards and payday loans. We explain when getting a new loan is a bad debt management option.
If rising house prices has helped you build some equity in your home, is consolidating credit card and other consumer debt with a second mortgage worth it? Explore the pros and cons.
The Licensed Insolvency Trustees on our team have noticed an upward trend on debt consolidation in Ontario. Before you make this decision, learn the 25 tips on debt consolidation we've curated from our experts.
Mogo was one of the first new-age fintech lenders to enter the Canadian market. We review what this ‘sexy’ approach to lending really means for consumers and offer practical advice on the cost of getting a Mogo loan.
Credit cards are required with some purchases for consumers, however filing bankruptcy means surrendering your cards. Doug Hoyes has 5 payment options if you don’t have access to a credit card.
Credit card use has increased across all demographics in Canada. In this blog find out how one of our clients fell into debt using credit and learn 7 signs that signal you're in credit card danger.
Mortgages give people the ability to buy homes, but is there such a thing as a mortgage that costs too much? Doug Hoyes explores high ratio mortgages and what you can do if you can’t afford your mortgage.
Have you ever run low on cash before your next payday? What solution did you use? If your answer is a payday loan, find out why they aren’t the best choice and 8 alternatives you could use instead.
People struggling with debt often turn to debt consolidation first, which is not the best choice for everyone. Find out common reasons why debt consolidation usually fails and what your alternative options are.
It seems like a simple concept, but some people do find themselves in a vicious cycle of only paying the minimum amount. Ted Michalos explains why paying more than the minimum benefits the consumer.
Debt Relief Experts
