February 11, 2014

By Margaret H. Johnson

Last week I tried to talk about the various experts involved in debt collection and credit counselling. You know what? I forgot all about credit reporting agencies, otherwise known as Credit Bureaus.

February 4, 2014

By Margaret H. Johnson

It is with a heavy heart that I read in the Vancouver Sun today about a financial adviser who targeted as many as 484 investors, many of them seniors, in an investment scheme alleged by the BC Securities Commission to have been premised on fraud and misrepresentations.

January 28, 2014

By Margaret H. Johnson

I have worried for the longest time about credit ratings. There are many good reasons for my fears.

To begin with credit ratings are based solely on mathematics – the days in arrears. You are judged in a moral way by being labeled with a good or bad rating. The reason for your problems doesn’t matter. Just the days in arrears.

January 21, 2014

By Margaret H. Johnson

I asked a friend of mine where all of the recent studies on consumer debt come from. He said, “Some come from Mars and others are beyond the rings of Saturn.”

“Come on. Seriously.” I chided.

January 14, 2014

By Margaret H. Johnson

Yesterday the boiling hot news of the day was a 25% interest bearing car loan to a BC couple. The story involved the TD bank and a family that had gone bankrupt recently. It raises a number of troublesome questions.

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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