Interest Rates are Climbing – Now’s the Time to Pay off High-Interest Debt
While paying off your debts should always be a priority, the urgency is heightened as interest rates and the cost of living in Canada continue to climb. If you have high-interest debt, you need a strategy to lock in a manageable rate and make timely payments. If rates continue to increase, your monthly minimum payment […]
6 Common Practices that Harm Your Credit Score
Your credit score is a fundamental financial metric essential to securing loans and lines of credit. Getting out of debt and building your credit is challenging, so the best way to achieve excellent credit is by avoiding common mistakes that will impact your FICO score, also known as a Beacon. In this article, we cover […]
Creating a Debt Repayment Strategy – Steps to get out of debt
Getting out of debt can seem like an impossible task. However, if you break down the steps and create a strategy, your journey to becoming debt free is far more attainable. In this article, we’ve created a 6-step process to help you take a step back and create an actionable, personalized debt repayment plan. By […]
