Why I Went Through Both a Debt Management Plan and a Consumer Proposal
I went through both a DMP and a proposal and only one of them fit me. Knowing what I know now, I wouldn't do a DMP again. Not with the income I had.
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I Froze My Credit in Ontario and Applied For 3 Credit Cards To See What Would Happen
After trying all three credit card applications, I wanted proof that the freezes had done their job. So I logged back into both Equifax and TransUnion and pulled my credit reports.
I Moved All My Spending For A Week To Neo & Then to Capital One: Here Is How They Compare
After spending a week with the Neo and Capital One cards, I don't think there's a single winner. Instead, it comes down to what's better for your specific spending habits.
Survey: 57% of Canadians Want To Keep Their Finance Separate or Mostly Separate From Their Partner
For most Canadians, having hidden debts is a valid reason to call it quits. A full 78% of Canadians would consider ending a relationship over $500,000 or more in hidden debt.
I Interviewed 3 Canadians Who Went Through a Debt Management Plan & Asked Them If It Was Worth It
Anthony's credit score fell from 730 to 590 after enrolling. Sandra's credit was already in the 500s because of missed payments and collections. Lauren, meanwhile, actually saw her score improve after entering the program.
Here Are 3 Credit Cards Any Canadian Newcomers Can Get No Matter What Their Credit Score Is
If you want the fastest guaranteed approval and to start building your credit history right away, the Neo Secured Mastercard is a suitable option. If you prefer an unsecured credit card, the CIBC Adapta Mastercard and the RBC Cash Back Mastercard are both solid choices.
I Talked to 3 New Canadian Immigrants To Find Out How Neo Helped Them Establish Their Credit
Neo quickly became her primary card, especially as her limit grew from around $2,000 to $7,700. That increase helped her manage credit utilization more effectively, which improved her credit score further.
I Interviewed Three of Toronto’s Highest-Rated Licensed Insolvency Trustees and Asked Them What Consumers Should Look For
Because LITs don’t set their own rates, LIT Victor Fong of Fong & Partners recommends focusing less on cost and more on whether the trustee is someone you feel comfortable working with.
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