Monthly Archives: March 2010

Reduce your monthly payments with a debt consolidation mortgage loan One of the most popular forms of debt consolidation loans in Canada is a debt consolidation mortgage loan on your home. In Canada, lenders will provide you with a mortgage (a loan against your house) for up to 95% of… Read more

Car loans are often easier to get then a standard bank loan, because car loans are secured loans. An example of an unsecured loan is a bank loan or a credit card: the bank cannot seize an asset to repay the loan if you don’t make your payments. A car… Read more

Calls from collectors can be both frustrating and intimidating. Our article on how to deal with collection agencies provides some information on how to talk to collection agents when they call, including advice not to panic, to only tell them what you want them to know, to not make a deal… Read more

The biggest mistake you can make in any negotiation is to not have clear objectives at the start of the negotiation. When a collection agent calls, you should know exactly what you want to accomplish. You need a plan. Are you trying to negotiate a payment plan where you pay… Read more

This week we have a special series of tips on dealing with collection agencies. If you owe money, it’s likely a bill collector from a collection agency will be calling to collect. Our first tip for dealing with collection agencies: don’t panic. The bad news is they are calling because… Read more