Debt Relief Experts
How Credit Card Micropayments Can Reduce Your Debt Faster
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.
Credit Card Debt
Is a Secondary Credit Card Holder Responsible for Debt?
Doug Hoyes explains the legal duties of the supplementary card holder in the event the primary card holder files for bankruptcy or a consumer proposal.
Should I Get a Personal Loan to Pay off Credit Card Debt?
Paying down credit card debt can be challenging if you carry large balances. We explain the benefits and potential drawbacks of using a personal loan to pay off credit card debt and provide other debt... Read more »
Credit Card Debt Consolidation in Canada. What You Need to Know
Dealing with credit card debt can be overwhelming, especially when you have multiple credit cards with high interest rates. That’s where credit card debt consolidation can help. In simple terms, it’s like organizing a messy... Read more »
What To Do When Being Sued for Credit Card Debt in Canada
When you owe money on your credit card, your credit card company can send your account to a collection agency or pursue legal action through the court. If you are behind on credit card payments... Read more »
Should You Pay Credit Card Debt with Another Credit Card?
As a credit cardholder, one of your most important financial challenges revolves around credit card debt management. Your goals should be to keep outstanding balances low, avoid high interest rates, and pay your minimum payments... Read more »
Unpaid Credit Card Debt: What Are the Consequences?
We know it can be stressful when you're unable to make your credit card payments. In this post, we help you understand the potential consequences if you fall behind on your credit card debt, as well as, options for eliminating debt.
Minimum Payments on Credit Cards are Keeping You in Debt
Banks want you to pay more in interest, which is why they only ask you to pay the minimum balance each month. Find out how minimum payments keep you in debt and how to pay down credit card debt successfully.
5 Ways To Survive Without a Credit Card
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.
Do I Have To Surrender My Credit Card in Bankruptcy?
The Bankruptcy & Insolvency Act states you must surrender all credit cards. Our experts offer advice on how to manage purchases without a credit card during bankruptcy and when you can apply for a new card.
7 Reasons Why Credit Cards Can Be So Dangerous
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.
Is It A Good Idea To Get A Credit Card During Bankruptcy?
Consumers need credit for certain things, but can you get a credit card during a bankruptcy? Learn the pros and cons of obtaining new credit during, and after your bankruptcy.
How To Pay Credit Cards – Pay More Than The Minimum
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.
Credit Cards: Before, During and After Bankruptcy (or Proposal)
We explain what you need to know about credit card use before bankruptcy, when you can get a credit card after filing bankruptcy and more in this guide to credit cards and bankruptcy.