2025-07-11
How to prepare for your mortgage renewal in a high-rate environment
With rates still elevated, Canadians renewing mortgages face tough choices. Here’s how to prepare.
There are a wide variety of credit counselling services operating across Canada. Typically, these credit counselling organizations review your current financial situation, provide budgeting advice and speak with creditors on your behalf about a more reasonable repayment schedule. If your situation is appropriate for the program offered, the credit counselling organization will collect funds from you and place them in a trust account for payment to your creditors. Before committing to any program, you should fully understand the costs and administration fees charged by the organization, since these charges may increase your total payment obligation and reduce the amount available for distribution to your creditors. Generally, the total amount you will pay will be equal to the total amount of your unsecured debt.
Life-Changing Debt Solutions is about finding the best choice that will work for you. To compare all the available options, contact us for a free confidential consultation.
2025-07-11
With rates still elevated, Canadians renewing mortgages face tough choices. Here’s how to prepare.
2025-07-11
From camps to lawn care, summer costs can add up fast. Learn how to plan ahead and avoid seasonal surprises before they catch you off guard.
2025-07-08
Alternatives to Bankruptcy Bankruptcy
If you sit down with your parents, they might have a lot of valuable pieces of advice to help you save money. These five tips can help you build a budget.