April 5, 2012

Last week a friend of mine noticed that there were a number of unusual charges on her credit card statement. They were all gas stations - a charge in Kelowna, a charge in Victoria, charges throughout the city and Lower Mainland where she never goes. And she never lost possession of her gold visa card. How did this happen?

April 4, 2012

One thing most of us learned about budgeting is that a budget is all about priorities. We have to identify those things that are most important to us and then use whatever money we have to make it all happen.

This is best way to look at the federal government’s March 29th 2012 budget. Who is important out there in civil society?

March 29, 2012

The ‘Alternative Credit Sector’ grew out of the forest of modern personal finance like a fungus that sucks out the remaining life from weaker and dying species. The early agents of the modern credit society were labelled by many as poverty lenders who specialized in poor people who could not qualify for credit from mainstream banking or financial institutions. Harsh and often unconscionable terms for repayment accompanied these loans with the most notable condition being usurious interest rates - so high and excessive that the loan recipients were assured to remain poor while having their suffering intensified and extended well into the future.

March 28, 2012

“The news is out, and it’s all over town," as Hank Williams once wrote. Interest rate hikes have already been seen from the banks on mortgages, unprovoked by a Bank of Canada rate increase because there wasn’t one. The Royal Bank and the TD Bank raised mortgage rates in February to 3.39% on their four year fixed rate. This reenergized speculation that a Bank of Canada interest rate hike looms on the horizon. This first step with higher interest rates also renewed competition over 4 and 5 year locked-in mortgages.

March 23, 2012

These guys (and gals) really make the hairs on my neck spike!

I have heard it all - every ugly story where the creditors of this world try to intimidate, control, frighten and even threaten people into making debt payments. You have rights!

Remember, if you are experiencing financial difficulties do not wait. Call Solutions Credit Counselling at 1(877)588-9491 or fill out our Debt Consolidation Questionnaire and get your Free Credit Counselling Advice today.

For more information visit Debt Canada - your Canadian credit education centre.

If you are a woman in debt, speak with Women and Money first. We specialize in helping women with their personal and business financeMoney management advice you can count on!

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