Category: Debt Problems

New Credit Card Rules for Canada - Will They Change Your Spending Habits? »

Credit card companies often keep the fine print really fine. A lot of people don’t read the fineprint and really don’t consider how much they’re spending on interest.  One of the new regulations in Canada is the fact that Canadian credit card statements will now demonstrate how long it will take you to pay off [...]

But I Can’t Give Up My Credit Cards, Can I? »

People trying to get out of debt are nervous about getting rid of their credit cards.  Some say they’ll need to keep one for emergencies or need it for buying things online.  But if you continually rely on credit cards, it’s a sure sign that you’re spending money you can’t afford to spend. Pre-Paid credit [...]

Options For Homeowners Facing Foreclosure »

Surely by now everyone has heard of the latest government programs addressing the sub-prime mortgage crisis; they may even realize that there are loan modification companies out there to aid in restructuring the terms of their mortgage. What most consumers do not know is exactly how the process works and what to expect during the [...]