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Canadian Inflation Rates Effects

Canadian Inflation Rates: How Rising Rates May Affect You

Inflation causes the cost of living to go up. This can make essential items like food and fuel more expensive. When you have to spend more on everyday items there is less money to go around for things like debt repayment. If you’re struggling to make ends meet, reach out to a LIT for help today.
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What Happens To Debt When You Die

What Happens to My Debt When I Die? 10 Things Every Canadian Debtor Needs to Know

Depending on the stage of life you’re in, you may be wondering what happens to your debt when you die. Can it be inherited? What debts are forgiven at death? Will you be leaving loved ones with the hardship and stress of dealing with your debt at a time they are grieving? These are legitimate worries. If you want to protect your family from dealing with your debts when you’re gone, here’s what you need to know.
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High Interest Loans

The Real Cost of Bad Credit Loans and Payday Loans

If you’re struggling to pay your bills and put food on the table, a high interest loan might seem like your only option. However, there are alternatives to high interest payday loans. Speak with a Licensed Insolvency Trustee about your debt management options.
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CRA Debt Forgiveness

Does the CRA Offer Debt Forgiveness in Canada?

No one wants to be indebted to the Canada Revenue Agency (CRA). However, every year thousands of Canadians find themselves owing more in income tax than they can afford. For those who are self-employed or those with multiple streams of…

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