Will Bad Credit Affect Your Relationship

May 9, 2011

Bad credit can affect our lives in a number of ways. Persons with poor credit rating may find it difficult to get approved for a mortgage or a credit card, and their application for a job may not be considered. But is it possible that your relationship suffers as well? Experts say it can. A […]

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How to Discharge Credit Card Debt in Bankruptcy

April 27, 2011

According to the Money Problems website, credit cards are the leading cause of personal debt and one of the main reasons why people file for bankruptcy in Canada. This statement is hard to mistrust because we have all seen people who carry several credit card balances. They must take cash advances from one account to […]

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Are Talking Credit Cards the Industry’s Future

April 18, 2011

It seems the personal banking sector has lived to witness the time of talking credit cards. A number of credit card issuers are developing a variety of cards that can tell you how much money you have and display your balance. A range of reward programs comes with the “smart plastic”. These cards will be […]

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How to Use Your Credit Card Overseas

April 10, 2011

If used the right way, your credit card can serve you better while traveling abroad compared to good old cash. Many travelers are too concerned with the exchange rates and focus on finding the best rate when they go abroad, ultimately converting too much money and then spending it all. Experts recommend using Visa and […]

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Should Parents Pay Student Credit Card Debt

April 3, 2011

With more and more students in Canada having access to credit these days, the big question is who should pay it off – the one who racked it up, or his or her parents. The Canadian public seems to be quite divided on the issue. A large number of working middle-class Canadians considers that students […]

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Consequences of Not Paying Credit Card Debt

March 28, 2011

Failing to pay your credit card debt can have grave and far-reaching consequences for you. These can affect not only your personal finances but also many other facets of your life, such as the ability to secure a new job or your chances for a mortgage loan approval. Credit card companies have many options to […]

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Dealing with Credit Card Debt from Abroad

March 20, 2011

If you recently moved to Canada and have debts to pay at home, you’ve got two options: negotiating affordable monthly payments or defaulting on your financial obligations. But can you really get away that easily? The idea of leaving one’s country to escape from debt looks alluring to many people. Those with multiple debts or […]

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How Married Life Affects Your Credit

March 13, 2011

There are various ways in which tying the knot might affect your credit score and financial wellbeing. If you think of your wedding as a fund-raising event, you are plain wrong. Read on. Wedding as a Fund-raising Ceremony In most cases, a wedding is a happy and long-awaited event in one’s life. And if the […]

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Dealing with Credit Card Debt after Divorce

March 8, 2011

What they say is true, unfortunately – you can divorce your partner, but not your credit card company. It is important to protect yourself from debt incurred in the wake of divorce should your marriage hit the rocks. It can be very hard to get rid of debt from joint credit cards, and card issuers […]

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Coping with Your Spouse’s Secret Card Debt

February 27, 2011

Finding out that your husband or wife has secretly accumulated a considerable credit card debt is not one of the nicest surprises that one can experience. Still, this issue, unpleasant as it is, could be resolved calmly and peacefully, before it has presented any threat to the stability and tranquility of your married life. Here […]

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