In a previous article we compared the cost of 4 different debt relief programs and determined that in most cases a consumer proposal offers the lowest possible monthly payment, significantly better even than a debt management plan. Inevitably when we do this comparison the question comes up – but what about the impact on my […]
Eliminating your debts can be deeply satisfying. But it can be hard to know what to do next. In today's podcast, I give five simple steps on how to rebuild credit after a consumer proposal or bankruptcy. Listen to find out how you can get back on track and improve your credit rating.
Listen to the podcast: How to Rebuild Credit: 5 Simple Steps Usually here on Debt Free in 30 we talk about how to get out of debt, and live debt free. So what happens if you follow the advice that our guests give, and you eliminate your debt. Then what? We spend most of our […]
A consumer proposal is a safe and reliable way to get out of debt but it can also be the cheapest in terms of monthly payments. This is because it combines two substantial benefits over other debt repayment options: Debt forgiveness; and an Interest free repayment period. To illustrate we will look at a typical […]
For those struggling with debt, it is easy to be drawn in by payday loans and get trapped on a payday loan debt cycle. In today's podcast, Doug Hoyes speaks with Jonathan Bishop, a Research and Parliamentary Analyst at the Public Interest Advocacy Centre, about Bill 156 and its potential impact on legislation surrounding payday loans.
Listen to the podcast: Bill 156 - Is This The Payday Loan Regulation We Need? Today we're going to talk about a topic we've discussed here before on Debt Free in 30, payday loans. You've heard me give my thoughts on payday loans and I've other licensed insolvency trustees and credit counsellors on the show […]
A consumer proposal is just one option for dealing with debt. As a debt relief approach it has it's own advantages and disadvantages over other programs that help you get out of debt. For example: it can be better than bankruptcy if you have enough income to trigger surplus income payments or have assets that […]
It can be hard to know who to turn to when you are dealing with the Canada Revenue Agency and you need tax debt help. Some situations are relatively simple and can be resolved on your own, while other situations may require more expertise. Find out which professional you need for different tax situations in today's podcast.
Listen to the podcast: Tax Debt Help - Who Do You Call? It's the month of April and in Canada that means it's tax time, our favourite time of the year. Today on Debt Free in 30 we're going to talk about tax problems but not tax problems in the conventional sense. Lots of people […]
Like it or not, payday loans often meet the need for urgent cash for individuals who can't, or won't, borrow from more traditional sources. On this weeks podcast we talk with the authors of a payday loan study "Banking on the Margins" about how to create a better payday loan or small dollar credit market to benefit consumers.