Blogs

Understanding Debt Forgiveness Rates in Canada: A Comprehensive Guide to Your Options

As of 2023, approximately 20% of Canadians have considered or pursued some form of debt forgiveness, highlighting the growing need for awareness...

Unlocking Financial Freedom: Discover the Minimum Loan Amount Needed for Debt Consolidation

Debt can feel overwhelming, leaving many Canadians searching for solutions to regain control of their finances. One viable option is debt consolidation...

Understanding Unsecured Debt in Canada: Your Comprehensive Guide to Solutions and Strategies

Unsecured debt in Canada has reached alarming levels, with approximately 40% of Canadians currently holding such debt in2023. This figure is indicative...

Navigating the Income vs Debt Landscape in Canada: Key Insights for 2025

As we look ahead to 2025, the landscape of income versus debt in Canada is more crucial than ever. In that year...

Unveiling Financial Stress in Canada: Eye-Opening Statistics You Need to Know

In Canada, approximately 49% of adults report experiencing significant financial stress as of2023. This statistic highlights the pressing economic challenges faced by...

Navigating Financial Challenges: How to Consolidate Debt While Unemployed

Navigating financial challenges, particularly during unemployment, can feel overwhelming, especially when faced with the burden of debt. If you find yourself wondering...

Understanding the Demand: How Many Canadians Are Turning to Credit Counselling Services?

As of 2023, approximately3.2 million Canadians, or about 10% of the population, have sought credit counselling services as a means to manage...

The Surprising Number of Canadians Turning to Payday Loans: What You Need to Know

In Canada, approximately 1.8 million adults rely on payday loans each year, according to a 2023 report by the Canadian Centre for...

Discover the Most Indebted Provinces in Canada: A Deep Dive into Financial Challenges

As of 2023, the most indebted provinces in Canada are Newfoundland and Labrador, followed closely by Nova Scotia and Quebec, with debt-to-GDP...
Helping Canadians become debt free 
Resources