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They also guessed that the debt would take about two-and-a-half years to pay off.
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MONTREAL - Canadians are still on target for a record year of personal debt despite ending 2013 by making a small dent in the money they owe, says credit monitoring agency TransUnion.At the end of las...
With post-holiday bills piling up even faster than food on Christmas dinner plates, experts say now is the time to hide those credit cards. The average Canadian's consumer debt is expected to cl...
For some, freedom from debt is a very far-fetched concept. Fourteen per cent of Canadians said they don't think they will ever get rid of their debt, according to a poll conducted by Harris/Decima an...
One may truly feel for our Minister of Finance, as no one likes to talk and be ignored. Yet, this seems to be an experience Mr. Flaherty knows all too well, as the past year he has repeatedly warned Canadians about their increasing personal debt loads, only to have those warnings tuned out.
We have all been there. Two weeks before the winter holidays, three gifts left to buy and zero dollars left in the holiday budget. For many, this is the point where we either stop shopping or cross that thin financial line and set ourselves up for a nasty holiday debt hangover. So, what do you do when the holiday well has run dry and you still have a few gifts left on your shopping list?