Posts Tagged ‘Blog’

Debt Relief Canada: How Can Debt Relief Canada Help You?

How Can Debt Relief Canada Help You?           Debt Relief Canada is a financial consulting firm that helps consumers and business owners find solutions to deal with their debt. We offer government debt management programs such as consumer proposal and bankruptcy as well as debt settlement, budget management and financial restructuring. […]

Posted on 11/09/2015 by Debt Relief Canada in Blog, News | Tags: , | No Comments »

How is your Credit Score calculated?

What’s in my FICO Scores FICO® Scores are calculated from several different pieces of credit data in your credit report. This data is grouped into five categories as outlined below. The percentages in the chart reflect how important each of the categories is in determining how your FICO Scores are calculated. How a FICO Score breaks […]

Posted on 07/21/2015 by Debt Relief Canada in Blog, News | Tags: , , , , , , , | No Comments »

Debt Relief Canada: Your Rights when dealing with Collection Agencies

The law In Ontario, collection agencies must be registered with the Government of If you’re contacted Before a collection agency can contact you they need to send you a written notice through regular mail (email doesn’t count).   This notice must include: the name of the person or business that says you owe them money […]

Posted on 06/04/2015 by Debt Relief Canada in Blog, News | Tags: , , , , , , , , , , , , , | No Comments »

The debt ‘crisis’ in Canada? If your paycheque is $100,000 plus, that means you

Source: Theresa Tedesco | May 8, 2015 | Last Updated: May 11 11:50 AM ET More from Theresa Tedesco | @tedescott They are professionals with university degrees, living in thriving economic regions like British Columbia, Alberta and Ontario, and earning at least $100,000 a year. They are also in hock for close to two times […]

Posted on 05/14/2015 by Debt Relief Canada in Blog, News | Tags: , , , , , , , , | No Comments »

Occupy Wall Street activists buy $15m of Americans’ personal debt

Rolling Jubilee spent $400,000 to purchase debt cheaply from banks before ‘abolishing’ it, freeing individuals from their bills   ‘Our primary purpose was to spread information about the workings of this secondary debt market,’ said Andrew Ross. Photograph: Spencer Platt/Getty Images A group of Occupy Wall Street activists has bought almost $15m of Americans’ personal debt […]

Posted on 11/14/2013 by Debt Relief Canada in Blog, News | Tags: , , , , , , , , , , , , , , | No Comments »

What is a Credit Rating?

What is a Credit Rating? Every piece of credit history information in your credit file is assigned a rating by the credit grantor. The most common ratings are “R” ratings. These are known as North American Standard Account Ratings. The “R” indicates that the item being described involves revolving credit. If you always pay on […]

Posted on 09/26/2013 by Debt Relief Canada in Blog, News | Tags: , , , , , , , , , , , , , , , , , , , , , , , , | No Comments »

Consolidated Credit Counseling – Beware!

Consolidated Credit Counseling Services of Canada operates without certified counsellors   One of Canada’s most recognizable not-for-profit credit counselling agencies does not employ any certified credit counsellors and industry sources claim counsellors are instructed to engage in practices that take advantage of clients mired in debt. Consolidated Credit Counseling Services of Canada Inc., an agency […]

Posted on 09/10/2013 by Debt Relief Canada in Blog, News | Tags: , , , , , , , , , , | No Comments »

Debt Relief Canada – Five investment tips for beginners

You’ve got money. Maybe not a lot but some. And you want to see it multiply like Gremlins in a swimming pool. Once you’ve got budgeting, savings and debt under control, you might consider investing your bucks. “A lot of people when they first get started, they feel it’s overwhelming,” says Allan Small, senior investment adviser […]

Posted on 07/29/2013 by admin in Blog, News | Tags: , , , , , , , , , , , | No Comments »

Debt Relief Canada – Charge cards vs. credit cards: What’s the difference?

American Express offers a line-up of rewards cards designed specifically for high spenders who pay off their balance in full each month. Although they seem to be credit cards, they really aren’t. They are charge cards, which are something quite different because rather than having the option to make partial payments and carry a balance, […]

Posted on 07/29/2013 by admin in Blog, News | Tags: , , , , , , , , , , , , , , , , , , , | No Comments »

Debt Relief Canada – Low interest rate party may be ending

Watch the bond market and QE moves for early warnings that interest rates will start to rise in Canada. The interest rate party for borrowers is almost over. After almost five years of historically low rates, we’ve started to see some upward movement in the cost of money. Most people watch the central banks for […]

Posted on 06/25/2013 by Debt Relief Canada in Blog, News | Tags: , , , , , , , , , , , , | No Comments »