Debt Relief Experts
How Does a Debt Consolidation Loan Work?
Getting a debt consolidation loan to pay off debt seems like a simple solution, but it may not be. In this detailed guide, we explain everything you need to know before applying for a consolidation loan.
Loans and Borrowing
Loan Scams: Advance Fee Loans are Illegal in Canada
Companies can be very creative with scamming individuals looking for loan, especially those with poor credit. Learn about advance fee loans and how to identify, avoid, and report loan scams.
The Pros & Cons of a Pre-Approved Credit Limit Increase
Has your bank sent you a pre-approved credit limit increase and you’re not sure if you should accept it? Find out what the pros and cons of an increase are, and what decision is right for you.
4 Personal Finance Ratios That Measure Your Debt Risk
Did you know there are several ratios you can use to measure your personal debt risk? Find out how to calculate these ratios and what you can do to apply the knowledge to your financial decisions.
Think Twice Before You Get a Home Equity Line of Credit
Should you consolidate credit card debt with a home equity line of credit? Find out how a home equity line of credit works and if it’s really the right choice for you.
The Benefits of Making Small Micropayments Towards Debt
Paying down debt doesn't have to take big chunks of money. Doug Hoyes explains how to pay down debt sooner using micropayments and how it improves your financial situation.
How to Get Debt Consolidation with Bad Credit
You have debt and poor credit. Can you get a debt consolidation loan and how much will this cost? We explain the consequences of a bad credit consolidation loan and give you options.
Never Loan Money to Family and Friends
Is someone you love asking you for a loan? How can you tell if you are financially stable enough to help them or not? Doug Hoyes explores this topic and provides a real-life story from a client.
What Type of Borrower Are You?
Your money behaviour impacts what type of borrower you are. We show you if you are a pay in full, saver, fee payer or payday loan borrower, and why it's important to know.
Burn Your Mortgage with Sean Cooper
Sean Cooper's first book "Burn Your Mortgage" was controversial since he paid off his mortgage in just 3 years. He talks about what you can learn from his experience to pay off your mortgage faster.
When Getting Another Loan Isn’t a Good Idea
Lenders might offer you more money to deal with your cash crunch, or to consolidation high interest loans like credit cards and payday loans. We explain when getting a new loan is a bad debt management option.
Will A Second Mortgage Clean Up All Your Debts?
If rising house prices has helped you build some equity in your home, is consolidating credit card and other consumer debt with a second mortgage worth it? Explore the pros and cons.
25 Debt Consolidation Tips From Our Experts
The Licensed Insolvency Trustees on our team have noticed an upward trend on debt consolidation in Ontario. Before you make this decision, learn the 25 tips on debt consolidation we've curated from our experts.
Can Debt Consolidation Hurt Me Financially?
Are you considering consolidating as a way to manage overwhelming debts? In this blog, we explore the pros and cons of various types of debt consolidation and provide an alternative solution.
Mogo Loans: Are They A Good Deal?
Mogo was one of the first new-age fintech lenders to enter the Canadian market. We review what this ‘sexy’ approach to lending really means for consumers and offer practical advice on the cost of getting a Mogo loan.