Blogs

Unraveling the Numbers: Understanding the Average Canadian’s Debt Levels

In 2023, the average Canadian carries a staggering debt of approximately CAD 73,000, encompassing various forms of borrowing from mortgages to credit...

Breaking Down Student Loan Debt in Canada: Key Statistics You Need to Know

As of 2023, approximately 1.5 million Canadians owe a collective total of $18 billion in student loan debt. This significant figure highlights...

Understanding the Differences: Consumer Debt vs. Mortgage Debt in Canada

Consumer debt vs. mortgage debt in Canada is a crucial concern for many Canadians grappling with financial planning. As of 2023, approximately...

Top Tips for Choosing a Reliable Loan Provider: Your Ultimate Guide

Choosing a loan provider can be a daunting task, especially in a marketplace flooded with options. For Canadians facing financial decisions, understanding...

Understanding the Average Household Debt in Canada: Trends and Predictions

In 2025, it is projected that the average household debt in Canada will reach approximately CAD 78,000, highlighting a concerning trend in...

Understanding the Average Credit Card Debt in Canada: Key Insights and Tips for Financial Health

As of 2023, the average credit card debt in Canada stands at approximately CAD 4,000 per borrower, highlighting a significant financial burden...

Can Loans Be Forgiven in Canada? Discover Your Options for Financial Relief!

When navigating the complex landscape of personal finances and debt management, many Canadians find themselves asking, ‘Can loans be forgiven in Canada?’...

Unveiling the Truth: How Many Canadians Are in Debt Today?

As of 2023, approximately 77% of Canadian households carry some form of debt, underscoring a significant financial challenge for many families across...

Understanding the Key Differences Between Debt Consolidation and Debt Settlement Loans

Managing debt can be overwhelming, and many Canadians find themselves seeking solutions that can ease their financial burden. Two prevalent options are...
Helping Canadians become debt free 
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