Oct 31, 2015
As a trustee in bankruptcy, I meet with people every day who are struggling to pay off their debt. In the finance world, it's not uncommon to hear shocking stories from clients about threatening calls from collection agents or how they got into debt in the first place. On today's show, I'm joined by Hoyes Michalos...
Oct 24, 2015
Interest rates are low and credit is readily accessible, making it easy to take on more debt. What's more is that debt becomes manageable in this kind of climate, until of course, it's not. This summer the Bank of Canada lowered interest rates, and since that time, media sources have been reporting that Canadians are...
Oct 17, 2015
On today’s show Nora Spinks, CEO of the Vanier Institute of the Family, explains why debt is very complicated in the family context.
When it comes to family debt, Nora explains that the majority of Canadians carry some sort of debt; the highest debt being mortgages, followed by car loans and education. The pattern...
Oct 10, 2015
As the cost of higher education increases, so to does the amount of student loan debt for those graduating from university or college and entering the workforce.
On today's show we talk about the average student loan debtor, explain why females carrying student loan debt have more difficulty paying it off and Ted...
Oct 3, 2015
Today's guest is Blair Demarco-Wettlaufer, Managing Partner of Kingston Data & Credit, a collection agency servicing Canada and parts of the United States. Blair is a past guest from show #20 where we discussed the collections process and how to stop collection calls. He's back to give us an insider's perspective about...