Payday Loans a Symptom of a Bigger Problem: Study

Rebuild Credit with Doug Hoyes
Posted in In The News
Posted by J. Douglas Hoyes, CA, CPA, CIRP, CBV - LIT

The government of Ontario, and many other jurisdictions, are looking for ways to better regulate and control payday loans. Even Google has weighed into the fray by banning ads from payday lenders. Yet, most critics focus on the high costs associated with these loans and the short term nature of repayment. The payday loan industry claims […]

Planning for Retirement? Pay Off Debt & Start Practicing

Podcasts
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CA, CPA, CIRP, CBV - LIT

Have you put off saving for retirement? Find out how you can get back on track with today's podcast. My guest, David Trahair discusses his new book, The Procrastinator's Guide to Retirement: How You Can Retire in 10 Years or Less, and shares tips on how to prepare for your retirement.

Planning For Retirement? Get Tips from David Trahair, Podcast 90, Transcript

Rebuild Credit with Doug Hoyes
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CA, CPA, CIRP, CBV - LIT

Listen to the podcast: Planning for Retirement? Pay off Debt and Start Practicing Today we're going to talk about retirement and more specifically is it possible to retire in the future if you have debt today. My guest today is David Trahair, who was my guest way back on show 25, back in February 2015 […]

Is the Canadian Housing Bubble about to Burst?

Podcasts
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CA, CPA, CIRP, CBV - LIT

Have house prices in Canada risen too high? Is the Canadian housing bubble about to burst? My guest, Hillard Macbeth, believes it will and it is only a matter of time before it does burst. Listen to the podcast to find out more about the Canadian housing bubble.

When is the Canadian Housing Bubble Going to Burst? Podcast 89, Transcript

Rebuild Credit with Doug Hoyes
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CA, CPA, CIRP, CBV - LIT

Listen to the podcast: Is the Canadian Housing Bubble about to Burst? Is real estate in Canada in a bubble? Has it gotten so high that it's due for a crash? My guest today thinks so and we've got lots to talk about. So, let's get started. Who are you, what do you do and what's […]

Should You Pay Off Debt or Invest?

Podcasts
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CA, CPA, CIRP, CBV - LIT

What would you do if you received an unexpected windfall of $10,000? Would you pay off debt or invest it? On this week's podcast, Doug explores the pros and cons of investing vs paying off debt with personal finance blogger Sean Cooper and Ted Michalos, partner and co-founder of Hoyes, Michalos, and Associates.

Unexpected Windfall - Pay Off Debt or Invest? Podcast 88, Transcript

Rebuild Credit with Doug Hoyes
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CA, CPA, CIRP, CBV - LIT

Listen to the podcast: Should You Pay Off Debt or Invest? To start today's show I want to ask you a question. Let's call it a thought experiment. Let's assume that you have some debt, it might be credit cards or a bank loan or a mortgage on your house. Now let's assume that you […]

What Happens If You Stop Paying Your Debts?

Podcasts
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CA, CPA, CIRP, CBV - LIT

A popular question on our Facebook is what happens when you stop paying your debts? On today's show, I sit down with Ted to discuss the consequences of defaulting on your loans and payments, and offer a solution better than walking away from your debts.

Do You Know What Happens If You Stop Paying Your Debts? Podcast 87, Transcript

Rebuild Credit with Doug Hoyes
Posted in Debt Free In 30
Posted by J. Douglas Hoyes, CA, CPA, CIRP, CBV - LIT

Listen to the podcast: What Happens If You Stop Paying Your Debts? It's the last show of the month, and as we do at the end of most months it's time for our frequently asked questions show here on Debt Free in 30. On most frequently asked questions shows we've got a list of five […]

2015 Bankruptcies: Ontario Recovery Insulates Ontario Debtor, Oil Economy Lays Bare Risk of Carrying Debt

Rebuild Credit with Doug Hoyes
Posted in In The News
Posted by J. Douglas Hoyes, CA, CPA, CIRP, CBV - LIT

Has carrying debt become riskier? Maybe - the Office of the Superintendent Bankruptcy released their 2015 Annual Report today, detailing the number of insolvencies in each province. All provinces, with the exception of Ontario, experienced an increase. Canadian insolvencies by province are provided in a table at the end of this post. Click here for Ontario […]