The Right Advice

Did you know that insolvency and bankruptcy have different meanings? Even though these two terms are closely related and often used interchangeably, they are very distinct! Read on to learn the difference between insolvency and bankruptcy. On one hand, insolvency is a financial state where an individual is unable to make his/her debt payments on […]

Will bad credit continue to haunt you? Well, for the most part it can remain on your credit bureau for six to seven years, and how the credit reporting agency files delinquent or bad debts. Equifax Canada submits from day one when a file is submitted to a collection agency. So maybe your next question […]

Simple Steps To Improve Your Credit! Just because something is simple doesn’t mean it’s easy! It’s not easy creating new habits when the old ones seem to be just fine. But when it comes to your credit it may just be those OLD habits that have you tossing and turning in your sleep because of […]

Time to hit the “Reset Button?” Credit is more important than cash! Yup, sad but true and if you are short on both it’s hard to navigate life on a daily basis. Have you taken a hard look at your personal, or family financial picture – money in, money out – your income and financial […]

WORK ON YOUR CREDIT STORY - IT'S YOURS TO TELL! Your credit score could matter most to you when you really need it …. Don’t ignore how this review can influence lenders/future creditors. When you are applying for a credit card, auto financing or a mortgage the “impression” your bureau leaves will either give you […]

Festive Spending Tips! “Tis the Season” and the itchy, trigger-finger is poised on the credit card!! Just like the expected over-indulging on some great Christmas meals, it's just as easy to over-indulge on spending for all Holiday expenses. With more and more consumers using online shopping methods, it's far too easy to click, add to […]

KNOW AND RESPECT YOUR DEBT! Debt comes in “different packaging” and can also be categorized as good or bad. Examples of good debt or money owed is the cost of an asset like a mortgage or loan debts that are tackled by staying on track with the re-payment structure. Conversely, bad debt can be incurred […]

WORK ON YOUR CREDIT STORY - IT'S YOURS TO TELL! Your credit score could matter most to you when you really need it …. Don’t ignore how important this review can influence lenders/future creditors. When you are applying for a credit card, auto financing or a mortgage the “impression” your bureau leaves will either give […]