What Is Old Age Security (OAS)?
What is Old Age Security (OAS), how much does it pay per month, can you take your OAS payments early, and do you have to pay taxes on OAS? Here are all of the answers to your OAS pension questions.
How to Protect Yourself Against the Rising Cost of Living in Ontario
If you’ve noticed higher price tags on the products you normally buy, then you’re not alone. Due to the pandemic, and more recently the war in Ukraine, inflation has exponentially increased the cost of living in Canada over the last…
What Is Cryptocurrency and Is It a Safe Investment?
There’s a lot of hype around cryptocurrency but is it a good investment? Due to high volatility, investing in crypto can be risky. If you’ve lost money in crypto and are considering bankruptcy, reach out to a Licensed Insolvency Trustee (LIT) today.
When to Hire a Financial Advisor vs. a Licensed Insolvency Trustee (LIT)
If you’re trying to stay on budget and repay your debt but you just can’t seem to get ahead, you might consider hiring a financial advisor to help to get your financial life in order. While it’s a great idea…
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.
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.
How to Check Your Canadian Credit Score and Know if It’s Good
Stressed about bad credit? Your credit score matters. A poor credit score can affect your future potential for securing a mortgage, a car loan, or even a credit card. If you need help rebuilding your credit, reach out to a Licensed Insolvency Trustee (LIT) today.
Buyer’s Remorse Laws in Canada – Consumer Protection Act (CPA)
We’ve all experienced buyer's remorse. It’s that unsettling feeling you have when you begin to question whether your purchase was worth the hefty price tag. If buyer's remorse is a familiar feeling, and you need help getting your financial life on track, reach out to a Licensed Insolvency Trustee.
Average Household Canadian Debt Levels & The National Canadian Debt Clock
Are you feeling burdened by household debt? Are you worried that a job loss or medical emergency will push you over the edge? Know that you aren’t alone and help is available. Reach out to a Licensed Insolvency Trustee (LIT) to discuss your debt management options.
Is RRSP Withdrawal a Good Way to Pay Off My Debt?
Are you drowning in bills? Are you sick of ignoring phone calls from collections? Are you feeling weighed down by the burden of your debt? If so, you might be questioning whether or not you should do an RRSP withdrawal…