Did you know that according to the Bank of Canada, when a Canadian-dollar account, deposit or negotiable instrument held or issued by a federally-regulated bank or trust company has been inactive for 10 years and the owner cannot be contacted, it is considered an “unclaimed...

A government study a few years ago showed that the average Canadian was spending 31% of pretax income on housing costs. With the rapidly increasing cost of electricity and heat, due in large part to Smart Meters and HST, we can say that many people spend half of their after-tax pay just...

Almost all financial institutions offer some sort of line of credit whether it is unsecured or secured by the equity in your home. One of the main benefits of this type of loan is that it offers the convenience of being able to write your own loan. This enables an individual to...

Source: Financial Literacy Newsletter - March 2019 - Canada.ca Don’t buy into online shopping fraud The online world may offer tremendous convenience to consumers, but it’s also an anonymous space for fraudsters, who swindled more than… read...

There is an old expression which applies top many people who are faced with credit card debts and that is “the most expensive item you will ever buy is the one bought on credit”. We live in a society today where the emphasis has switched from saving toward the purchase of an item to...

It is important to understand that this problem is not going to go away without some help. A creditor is allowed to call you anytime between 7:00 am and 9:00 pm every day of the week except Sundays and Statutory holidays. Creditors can also call you at work which can be extremely...

Credit Counsellors often meet very intelligent students who are completely overwhelmed with their financial situation. With easy credit combined with the high cost of education students are graduating with very high debt loads. When this is combined with uncertainty in the job market it...

The most favorite part of my job is helping people put together a budget, yet we often hear that for many people, this is one of their least favorite things to do. I meet many interesting people from all walks of life and have a window seat to their hopes and dreams. A budget is a tool to...

Debbie Gillis a Credit Counselling Co-ordinator with Resolve Counselling Services answers a Question about Unpaid OSAP loans in Money Sense magazine. Read her advice here on what you have to do to qualify for better loan rates. “Unpaid OSAP loans can haunt your credit for...

How to get out of massive debt. Resolve Credit Counselling comes onto The Morning Show to offer advice to get out of...

Couples and Money: Tips for Co-Mingling Incomes Navigating Life and overcoming challenges together, Brought to You by Resolve Counselling...

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