Debt Relief Experts
How Important Is Your Credit Score? with Ross Taylor
How important is your credit score? In my book, Straight Talk on Your Money, on page 48 I discuss the “Credit Score Scam”, and on page 52 I say that you should not focus on... Read more »
Credit Repair
It is possible to repair your credit score, even if you file bankruptcy. You can begin the process of rebuilding your credit with the steps and tips provided by our experts.
The Big Credit Score Scam
Most people know that to qualify for a loan they need a good credit history and reasonable ‘credit score’. They also know that their credit score is something provided by the major credit bureaus. In Canada... Read more »
How To Correct Errors On Your Credit Report
It is a good idea to check your credit report every year. It is not uncommon for there to be mistakes and omissions on your credit report and these errors can cost you by increasing... Read more »
Free Credit Score Comes With A Catch
The saying that ‘there is no such thing as a free lunch’ is a truism all consumers should consider whenever they are offered something for free. This especially holds true for the recent announcement by... Read more »
Understanding the Credit Impact of Different Debt Relief Programs
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... Read more »
How to Rebuild Credit: 5 Simple Steps
Often, I share advice about how to get out of debt and live debt free. But, what if you’ve already eliminated your debt and you’re ready to get back on track? What’s next? Today, I... Read more »
The First Step To Credit Rebuilding Is No More Debt
We receive a lot of comments on our Facebook page from individuals struggling with debt who are afraid to consider something like a bankruptcy or consumer proposal because it will have a negative effect on... Read more »
Forget Credit Score. Did You Know You Have A Bankruptcy Score?
Most people are very well aware of the fact that they have a credit score and that this rating affects their ability to qualify for a loan and the interest rate they will pay. But... Read more »
Credit Repair Loan or ‘Savings’ Loans. Are They Worth It?
I have received a significant number of calls from existing clients asking for my opinion on a variety of credit repair loan companies that offer loans to “automatically build up your savings” and/or to “improve... Read more »
6 Tips For Rebuilding Credit Wisely After Bankruptcy
The purpose of a bankruptcy or consumer proposal is to eliminate most or all of your debts so that you can focus on creating positive and lasting financial habits to avoid incurring more debt in the future. Part... Read more »
Is It A Good Idea To Get A Credit Card During Bankruptcy?
Today we look at card options for those with damaged credit. Interest rates are at record lows, which is great for those who have good credit. But what if you don’t have good credit or can’t get... Read more »
How To Check Your Credit Report
Reviewing your credit report at least once a year is part of a healthy financial routine. What you should be on the lookout for is errors or out-of-date information. This annual routine is important because... Read more »
How To Get A Mortgage Even After Bankruptcy
Today on Debt Free in 30 I talk with mortgage agents Michael Smele and Bev Gay about whether it’s possible to buy a house after, or even during, a personal bankruptcy or consumer proposal. They each... Read more »
Credit Reports, Credit Scores & Rebuilding For The Future
Credit reports and credit scores weigh heavily on the minds of consumers, especially when they need to borrow money for a house or a car. Another common worry is how their credit report and credit score... Read more »
How Would I Design a Credit Scoring System
Early we talked about how the credit reporting system was broken because it supports financial decisions that cost you more money. If I could, I would design a system that benefits the consumer, not the... Read more »