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What tactics will debt collectors use to recover overdue bills?
29/03/2022
Bradley Milne
Lifestyle Debt
Debt Solutions
Credit Counselling
Collection agencies use many tactics to enforce repayment of debt. The most common methods are phone calls and letters. However, depending on the amount owed, the situation can quickly escalate to threats of legal action — which, in turn, can result...
Read More arrow_forwardWhen Creditors Are Calling (3 Minute Debt Break)
01/11/2022
Lifestyle Debt
Credit Counselling
Nobody enjoys being late on bill payments. But unfortunately, it's not always possible to make ends meet. Anyone who has ever been in a position where they're forced to choose between basic necessities and keeping up with their debts understands just...
Read More arrow_forwardWhat Is a Licensed Insolvency Trustee?
25/05/2022
Michelle Scheller
Debt Solutions
Lifestyle Debt
Credit Counselling
The terminology surrounding debt problems and solutions can be confusing. How much debt is “overwhelming” debt? What does it mean to be insolvent — does it simply mean owing too much money to too many credit accounts? And what is the...
Read More arrow_forwardWhat happens to your credit rating when things aren’t going well?
29/07/2021
Wesley Cowan
Credit Counselling
Bankruptcy
Many people are concerned about their credit rating. After all, this may determine whether you qualify for a mortgage or a car loan — and possibly even whether you get the apartment you’ve applied to lease.
Read More arrow_forwardCan I negotiate interest rates?
09/07/2021
Jeane Herman
Credit Counselling
Debt Solutions
When applying for credit, most people believe they must accept whatever interest rate a lender is willing to give them. But that’s not always the case. Beyond shopping around for competitive rates, it never hurts to ask whether a lender is flexible...
Read More arrow_forwardSigns You Are Overspending (3 Minute Debt Break)
16/12/2022
Credit Counselling
Household overspending is one of the most common causes of financial insolvency. It’s also one of the easiest to overlook. Overspending tends to creep up slowly and camouflage itself as a different kind of financial challenge. But once you know...
Read More arrow_forwardJust out of high school? Build your first adult budget.
06/06/2022
Kiu Lau
Lifestyle Debt
Credit Counselling
Debt Solutions
Creating strong budget habits early in adult life is essential to building a pathway to financial independence. To start, you will need to learn to create a budget.
Read More arrow_forwardControlling Credit Card Usage (3 Minute Debt Break)
17/06/2022
Credit Counselling
Credit cards can be a valuable tool for personal finance. If you can control the spending, and pay off the balances regularly there are no issues. But it’s easy for credit card spending to get out of control. Before you start cutting that plastic...
Read More arrow_forwardThe collection agents are calling. How do I make it stop?
25/03/2021
David Gowling
Credit Counselling
Are you in a situation where you’ve fallen behind on your debts and now the account is in collections? As if the stress of your mounting bills wasn’t bad enough, now you’re worried there’s a collections agent lurking behind every...
Read More arrow_forwardEverything you should know about your credit card debt
06/12/2022
Credit Counselling
Paying off your credit card debt can be very challenging but possible if you know the right steps to take.
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