Debt Settlement Scams in Canada?
By Bonnie Krisher, CDA If you are seeking a solution to your debt or assisting someone else, you have likely been flooded with information. Consumers report experiencing confusion, stress, and frustration when researching what it available to them in Canada. Primarily, they are concerned with who to trust and what risks may exist. All four [...]
read moreConsumers in Crisis: Debt Reduction Programs Required
Eighty six percent of Canadians aged 19 to 64 live in households which carry debt. With the Bank of Canada’s warning of an impending rise in interest rates the consequences for Canadian consumers will be devastating.
read moreWhy Forgive My Debt?
The average Canadian carries two or three credit cards, while some carry up to eight with a line of credit or two. The reality is, for most of us, credit has become a way of life. But what happens when the average person can no longer juggle their monthly payments? Maybe there was a loss [...]
read moreAdult Children and Parental Debt
By Bonnie Krisher The end of the email read “Thanks for your call and making me not feel bad for what we have to do.” This is a direct quote from a gentleman in his mid-fifties needing help with his debt. During our initial phone conversation, he told me that his children were grown and [...]
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