Payday loans seem like a solution to a cash flow crisis but for many they are a cycle into long term debt. Doug Hoyes explains the dangers of payday loans for consumers and reveals alarming results from our research.
Canadians are suffering from a lack of not only financial literacy, but also debt literacy. In this blog we explore what the National Steering Committee on Financial Literacy is and what it lacks.
Our annual Joe Debtor study revealed differing reasons for why women and men become insolvent. Doug Hoyes talks with Georgia Graham of WEST about skills women need to become more financially prepared.
The Canada Mortgage and Housing Corporation insures mortgages where Canadians have less than a 20% down payment and has an 80% market share. In this blog we explore whether CMHC should be privatized.
Solutions for ending poverty are often controversial. One idea that has sparked recent interest is the concept of basic income. In this podcast Doug Hoyes explores the costs and criticisms regarding this option.
Walmart expressed their opinion that Visa was charging too much for their interchange fees in 2016 and wanted to remove the platform from their stores completely. Find out the real reason Walmart did this.
Payday loans are a large part of severe debt problems in Canada, and the Ontario government is not addressing the issue adequately. Learn about payday loan costs and what we believe will help mitigate this industry.
The key purpose of Ontario’s debt settlement laws is to diminish consumer abuse by debt settlement companies. We explore how these agencies have changed their tactics but not for your benefit.
Real estate prices in Canada are outrageous and consumers wonder if the housing market will crash. Our experts explore signs that the housing bubble is bursting and what to do if you are looking for a home.
Many debtors filing for insolvency have fallen into the payday loan trap at some point in time. In this blog we review the history of payday loan legislation in Ontario and possible future solutions.
The payday loan industry is thriving in Canada; it keeps consumers coming back and causes them to fall into more debt. We explore ways to solve this problem, the role of government regulations and more.
Learn about changes regarding 407 ETR debts and The Execution Act and how toll road debts are eliminated through bankruptcy and why ETR can no longer withhold your licensed renewal if you file insolvency.
Elder abuse is happening in our society, and we have witnessed it firsthand in our financial practise. Ted Michalos provides advice for other professionals on how to spot the signs of abuse so you can help.
Payday loans are detrimental to consumers, as we observe firsthand through our firm. Our experts dive into the world of alternative financial services and what our ideas are for regulating this industry.
Why is it important for debt settlement services to be regulated? Doug Hoyes and Ted Michalos discuss the new legislation, how it protects consumers and offer an alternative solution for debt relief.
Debt Relief Experts
