Interest depends on the types of loans you borrow. Ted Michalos explains what the criminal interest rate is in Canada, how payday loans are a trap and what to do if you have overwhelming monthly interest.
Many debtors are caught in a payday loan cycle, and as Licensed Insolvency Trustees we strive to educate on the harms these loans actually cause. One trap used is good customer service. Learn more here.
Interest rates on credit cards are some of the highest among all available borrowing options. Ted Michalos explains why it's important to read those terms and conditions update when they come in the mail.
Mortgages give people the ability to buy homes, but is there such a thing as a mortgage that costs too much? Doug Hoyes explores high ratio mortgages and what you can do if you can’t afford your mortgage.
People struggling with debt often turn to debt consolidation first, which is not the best choice for everyone. Find out common reasons why debt consolidation usually fails and what your alternative options are.
Smart borrowing will set you up for financial success in the future. In this simple guide we’ll explain the basics of what credit is, tips on how to manage credit and common borrowing mistakes to avoid.