Debt Repayment Habits That Can Help Rebuild Your Credit

Debt Repayment Habits That Can Help Rebuild Your Credit

For this blog, we’ve teamed up with our partners at Fairstone The money management and spending habits that can get us into debt can also hurt our credit score. But luckily, there are some simple debt repayment habits that can help you pay off your debt and rebuild your credit… Read More


How Debt Consolidation Can Help You Rebuild Credit

How Debt Consolidation Can Help You Rebuild Credit

For this blog, we’ve teamed up with our partners at Fairstone. The main benefits of a debt consolidation loan? It makes debt repayment easier and helps pay down debt faster. But, a debt consolidation loan can also help rebuild your credit over time.  Our partners at Fairstone explain how a… Read More


Why Canadian Bankruptcies Are On The Rise

Why Canadian Bankruptcies Are On The Rise

It is no secret that the cost of living in Canada is expensive, especially in cities. But, what’s more of a secret is the debt Canadians are accumulating to help them afford the cost of living. In fact, debt has become such a prevalent issue in Canada that the insolvency… Read More


How to Manage Debt: Credit Cards, Mortgages, and Beyond

How to Manage Debt: Credit Cards, Mortgages, and Beyond

Debt can come from a variety of sources, mortgages, car loans, and credit cards just to name a few. Regardless of where your debt comes from, it’s an immense burden to carry around and paying it down, while very freeing, sadly can take quite some time. Managing debt typically requires… Read More


8 Simple Strategies To Get Out of Debt

8 Simple Strategies To Get Out of Debt

Canadians (both young and old) are carrying more debt than ever before with recent data showing that the average household owes $1.70 for every $1 of income. The numbers are not encouraging especially when you consider that the average non-mortgage debt stands at $29,312 per person, including… Read More


Everything You Need to Know About Bankruptcy Court in Canada

Everything You Need to Know About Bankruptcy Court in Canada

When consumers find themselves in a dire financial situation that has caused them to be unable to pay their debts, they may have exhausted many options to alleviate their mounting debt issues. But when all options have failed, bankruptcy is typically the last resort. With bankruptcy, your debts would… Read More


Filing a Second Consumer Proposal

Filing a Second Consumer Proposal

When debt woes have got you down, there are options to help you get back up. Depending on where you are on the spectrum of debt issues, there is a program or service that is best suited for you, and a consumer proposal may be it. Consumer proposals are… Read More


The CRA Collection Process vs. Bankruptcy

The CRA Collection Process vs. Bankruptcy

The Canada Revenue Agency, CRA for short, has a lot of power over taxpayers in Canada, more than you may have originally thought. For this reason, it can be unsettling to be in debt to the CRA. There are many types of debt that CRA collects including, but not limited… Read More


Is Debt Consolidation a Good Idea?

Is Debt Consolidation a Good Idea?

Sponsored by If you’re missing credit card payments and struggling to stay on top of bills, you might be wondering if debt consolidation is a good idea. We connected with our partners at Fairstone to help you decide if a debt consolidation loan is right for you. Here are some… Read More


Note:

All consultations and conversations with Loans Canada and its partners are confidential and risk-free. Speak with a trusted specialist today and see how we can help you achieve your financial goals faster.

Loans Canada and its partners will never ask you for an upfront deposit, upfront fees or upfront insurance payments on a loan. To protect yourself, read more on this topic by visiting our page on loan scams.