Yearly Archives: 2012

November is Financial Literacy Month in Canada. The Financial Consumer Agency of Canada sponsors events and activities throughout the month to promote personal financial literacy. If you are focusing on making good financial decisions to achieve your financial goals, whether it is to reduce your debt or save for a… Read more

The second in our Debt Management Series, today we talk about formal Debt Management Plans. The term debt management, as it refers to help from debt management companies, has been used rather broadly in advertising lately. Largely an unregulated industry, debt management plan can mean different things to different debt… Read more

Canada Savings Bonds have been sold every fall in Canada since they were introduced as Victory War Bonds in 1946. Promoted as a safe and secure savings product they are issued by the Government of Canada.  Historically they have been popular as a flexible and convenient savings program.  But are… Read more

This is the first in our Debt Management Series where we will provide in depth information about debt management.  Over the next few weeks we will be discussing debt management – what is it? how does it work? what are the different debt management programs offered out there, how do… Read more

When you are deep in debt and looking for solutions it’s important that you know who you are turning to. Unfortunately there are too many debt settlement companies’ out there offering questionable services to consumers desperate to find help dealing with their debts. A consumer alert issued by the National… Read more

It’s scary but Halloween is the second highest grossing commercial holiday after Christmas.  Costumes, candy and  decorations seem to arrive in the stores earlier and earlier each year to entice you to spend more.  The average Canadian family is expected to spend more than $300 on Halloween. With costumes averaging around… Read more

If you are having trouble paying your bills, are getting calls from collection agencies and are losing sleep over worries that you are carrying too much debt you are not alone. Canadians are knee deep in debt and the tide keeps rising. Debt reduction may be a goal for many… Read more

Can you afford to pay off debt that you have today, and what about tomorrow?  How much debt is too much? How confident are you in your plans to reduce your debt? Most Canadians carry some form of debt, whether a mortgage, bank loan or credit card debt.  The question is… Read more

Are you at your debt breaking point?  Do you have too much high cost credit card debt? Is your bank account in overdraft.  A job loss, wage reduction, illness or other personal emergency could be disastrous for you if you have no personal savings and you do not have the capacity… Read more

GTA Credit Solutions Services (GTA Credit), a Toronto based credit counselling and credit advisor company, filed a Notice of Intention to File a Proposal on September 6, 2012. This is a form of protection pursuant to the Bankruptcy and Insolvency Act of Canada. On September 20, 2012 GTA Credit filed… Read more