credit card

With the new credit card regulations in Canada, it’s more important than ever to read the fine print on your credit card agreement.  If you don’t have a copy, go on the web or ask for one from your credit card issuer.
There are three key terms you should now:

Payment terms.   When are payments due?  What [...]

We are starting a new series on credit cards, and how to eliminate credit card debt.  Canada just introduced new credit card regulations, so today’s tip: know the new rules.
Credit card companies are required to give you a 21 day grace period on new purchases, provided you pay your balance in full each month.  Be [...]

Many people survive with no credit cards, so the answer to the question “How many credit cards do you need?” is zero.  You can survive without credit cards.
However, if you frequently travel and need a credit card to book a hotel room, or if you use a credit card for making purchases on-line, one credit [...]

It’s great to have a plan and pay off one of your credit cards.  Once you do that: cut it up!
There is no point in paying off a credit card, and then have it sit there, empty, to tempt you.  You may just return to your bad habits and rack it up again.  Avoid the [...]