Debt Consolidation is the process where you pay off multiple debts by taking a new loan or a Credit card, preferably at a lower interest rate. The main idea is to find a loan with better terms, like a lower interest rate so that you do not need to struggle with several monthly payments and […]
While most countries are trying to implement several financial management policies to help individuals suffering from bad credit scores, Canada seems to have won the race already. With an average credit score of 650, almost 61% of the country’s population keep it over 750.
As the name suggests, debt negotiation is an agreement between borrowers and lenders to settle a debt for a lower sum. However, it is not as simple as you might think. Though 61% of Canadians take the help of debt negotiation services in Alberta and other provinces, one has to understand its terms and conditions, […]