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Latest Debt News

10 Once-Common Social Skills That Are Now Rare in the Social Media Era

The rise of social media has altered the way we communicate and interact. Increasing reliance on technology has led to…

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What is a 1099-C Cancellation of Debt form?

staticnak1983/Getty Images Key takeaways You will receive a 1099-C Cancellation of Debt form if a lender forgives more than $600…

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Is It Time? 10 Signs That Suggest Senior Living Could Be Your Next Chapter

As individuals age, the decision to transition to senior living can be a complex and emotional one. While many seniors…

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Common debt payment roadblocks and how to tackle them

The process of debt repayment isn’t always a smooth one. While you probably hope you don’t hit any snags as…

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Paying off debt early: Advantages and disadvantages

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited…

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How to use the debt avalanche payment strategy

Key takeaways The avalanche method is a debt repayment strategy focusing on paying off the account with the highest APR…

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4 types of debt you can consolidate

Key takeaways Debt consolidation can make repayment easier by consolidating multiple accounts into a single one. Consolidating debt can save…

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Do you have too much debt? Understanding your debt and getting help

Key takeaways Your debt-to-income ratio (DTI) can quickly determine if you have too much debt. Good debt, like a mortgage…

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Paying off holiday debt: Consolidation options to consider

Key takeaways Holiday debt, particularly credit card debt, can be hard to eliminate due to high interest rates. Debt consolidation…

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How to Deal With Debt in Your 20s in 2024

Get to Work – As Much as You Can Did you know almost half of Canada’s post-secondary students take on…

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