The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
Latest News
June 15 Update: Up to 1,200 bonus SCENE points with the Cineplex Summer Movie Pass and 10.7% off Radisson stays, yes that's right 10 point 7 per cent. + MORE Jun 15th
News, Tips & Tricks Outside of new bonus offers posted to the site over the past two days the world of points and miles has been relatively quiet this week! The best news is the 500 free points from Marriott Rewards for just following them on Instagram! So be sure you do so by June 21st. Rea.... More »
Rolling in the Debt: Canada sees a rise in Household Debt Mar 19th
While the value of Canadian homes has decreased for the first time many years, the same cannot be said for Canadian debt levels. This past week, Statistics Canada released its National balance sheet and financial flow accounts looking at the last quarter of 2018, and it shows that the amount Canadi.... More »
My take on Bank of America’s updated Cash Rewards card Dec 22nd
The Bank of America Cash Rewards credit card allows you to earn extra cash back on many everyday expenses, if you have a well-stocked bank account with Bank of America or Merrill Lynch..... More »
RWRDS Daily Update – January 5 + MORE Jan 5th
American Express AIR MILES Platinum Card review, Marriott Bonvoy Elite Status Soft Landing & up to a 15% bonus on transfers to Cathay Pacific. Check out today's points & miles updates here:
The post RWRDS Daily Update – January 5 appeared first on Rewards Canada..... More »
Earn 5x Aeroplan Miles for Radisson and Country Inn & Suites stays in Canada and the U.S. + MORE Dec 7th
A nice holiday bonus if your travels are taking you to a Radisson or Country Inns & Suites location this month. You can earn 5x Aeroplan miles for stays at either brand in Canada or the U.S.Offer details 5x Aeroplan Miles for stays at Radisson hotels and Country Inns & Suites By Carlson in t.... More »
More than a third of Americans reported to collection agencies for unpaid bills and debts
– canadianbusiness.com
WASHINGTON – A study by the Urban Institute shows that more than 35 per cent of Americans have debts and unpaid bills that have been reported to collection agencies.
These consumers fall behind on credit cards or hospital bills. Their mortgages, auto loans or student debt pile up, unpaid. Even past-due gym membership fees or cellphone contracts can end up with a collection agency, potentially hurting credit scores and job prospects.
The study by the Washington-based think-tank released Tuesday points to a disturbing trend: The share of Americans in collections has remained relatively constant, even as the country as a whole has whittled down the size of its credit card debt since the official end of the Great Recession in the middle of 2009.
The post More than a third of Americans reported to collection agencies for unpaid bills and debts appeared first on Canadian Business.
These consumers fall behind on credit cards or hospital bills. Their mortgages, auto loans or student debt pile up, unpaid. Even past-due gym membership fees or cellphone contracts can end up with a collection agency, potentially hurting credit scores and job prospects.
The study by the Washington-based think-tank released Tuesday points to a disturbing trend: The share of Americans in collections has remained relatively constant, even as the country as a whole has whittled down the size of its credit card debt since the official end of the Great Recession in the middle of 2009.
The post More than a third of Americans reported to collection agencies for unpaid bills and debts appeared first on Canadian Business.
