Monthly Archives: January 2013

Canadians Pay Off Debt Faster: Equifax Report

 24 Jan 2013
Pay Off Debt Faster

Canadians have gotten the message: pay off debt faster. Equifax Canada’s National Credit Trends report found that not only are Canadians borrowing less but they are missing fewer payments. This is good news. It shows that more and more Canadians are taking control of their debt. “Throughout 2012, we continued…

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Tightening of Rules for Debt Settlement Companies

 04 Jan 2013
debt settlement regulations

The Ontario government is set to introduce tighter rules surrounding debt settlement companies offering to help consumers reduce their credit card and other debts.  We are all familiar with the ads by now — slick offers to reduce your credit card debt by up to 70% sometimes within a matter…

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