Monthly Archives: March 2009

Question: If I’m eligible for a debt consolidation loan will my credit be affected? Debt Consolidation and Credit Score When you apply for a debt consolidation loan a note appears on your credit report that a credit check was performed.  If you get the loan, your credit is not harmed. … Read more

Question: In 2006 my girlfriend and I had a baby and began what the CRA defines as a common law relationship. I have been self employed for the last three years and I have not filed my 2006 or 2007 tax returns. I don’t have the money to pay any… Read more

Question: Is there a statute of limitation on how long a bill collector keeps your file open. How Long Can Debt Collectors Contact You? The Statute of Limitations is provincial legislation, so it varies from province to province and state to state.   In Ontario for example the limitation for certain… Read more