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Latest News
How unused credit impacts your credit rating + MORE Jun 15th
Q: Can having an unused line of credit for 20 years negatively affect your credit rating? —Don Sutton, Victoria
A: Decoding the human genome is a Grade 6 science fair project compared to decoding the credit rating algorithm. There are many variables that go into it but the first one that matters .... More »
Credit Card Review: American Express Cobalt™ Card Sep 29th
Let me start off that, yes, there was a lot of buzz about the launch of the American Express Cobalt Card back in 2017 so the anticipation for it was big. The card has now been around for nearly five years and continues to dominate the Canadian market as the best travel rewards and best cash [….... More »
Financial paralysis and how to get moving again Feb 26th
New findings from the Credit Counselling Society’s (CCS) 2026 Consumer Debt Report reveal a concerning pattern in how Canadians are experiencing debt. Under cost-of-living pressures, many are increasing their debt load, relying on credit to make ends meet. And while they’re making their minimum .... More »
October 26 Update: Qantas Frequent Flyer enhancements, 3,000 easy Club Carlson points & British Airways closing Toronto lounge + MORE Oct 27th
If you are lucky enough to be a frequent traveller to Australia, not only are we jealous of you but now you can earn more points if you are making those flights on Qantas! Australian Business Traveller reports that Qantas Frequent Flyer has increased the points and status credits earned on Premiu.... More »
Need a Loan ASAP? Don’t Stress. Get Pre-Approved in Minutes Jun 25th
Looking for a personal loan? Let’s face it, circumstances can change unexpectedly. And, an emergency can pop up at the worst possible time. From an unexpected home improvement bill or tax liability to your kids asking for a loan, don’t stress it. Personal loans are a way to obtain the m.... More »
Idaho sheriff gives all-clear with new evidence and man in custody following triple killing
– canadianbusiness.com
BOISE, Idaho – An Idaho sheriff says new evidence makes him confident there is no ongoing threat to the community following the arrest of a 22-year-old man connected to a triple killing.
Ada County Sheriff Gary Raney gave few details Friday about the active investigation into the killing of an Arizona power company executive, his wife and their adult son but says a diamond engagement ring taken from the home where the killings occurred has been recovered.
Detectives for several days had been trying to connect the ring to Adam M. Dees of Nampa.
Prosecutors say when Dees was arrested Wednesday he had credit cards belonging to one or more of the victims.
He’s faces charges of grand theft and forgery, and is being held on $2 million bail.
THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP’s earlier story is below.
An Idaho sheriff has appealed for the public’s help to determine what might connect a slain former Arizona power company executive, his wife and their adult son to a 22-year-old man who prosecutors say was arrested with credit cards belonging to one or more of the victims…
Ada County Sheriff Gary Raney gave few details Friday about the active investigation into the killing of an Arizona power company executive, his wife and their adult son but says a diamond engagement ring taken from the home where the killings occurred has been recovered.
Detectives for several days had been trying to connect the ring to Adam M. Dees of Nampa.
Prosecutors say when Dees was arrested Wednesday he had credit cards belonging to one or more of the victims.
He’s faces charges of grand theft and forgery, and is being held on $2 million bail.
THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP’s earlier story is below.
An Idaho sheriff has appealed for the public’s help to determine what might connect a slain former Arizona power company executive, his wife and their adult son to a 22-year-old man who prosecutors say was arrested with credit cards belonging to one or more of the victims…
Debt relief scam mars victim's credit rating
– creditcards.com
Debt relief scams often tell victims to stop paying debt accounts, leaving their credit rating in shambles due to defaults and delinquencies
Are you lying to yourself about debt?
– moneysense.ca
To absolutely no one’s surprise, Canadian households continue to pile on more debt. The latest figures from Statistics Canada released Thursday reveal the level of credit-market debt to disposable household income hit an all time record of 163.3 per cent in the fourth quarter of 2014. This means that for ever $1 in disposable income, Canadians carry $1.63 of debt. That’s up substantially from $1.30 a decade ago.Many Canadians seem to know they’ve got a debt problem. They seem know they have to tighten their budgets, save more, and chip away at their credit card, line of credit and mortgage balances. And they seem to know they can’t keep on borrowing and living beyond their means forever. Only, they also seem completely powerless to rein themselves in.
Each December for the past few years CIBC has released a survey of Canadians and their financial priorities, and each year a growing number of people have said their goal is to pay down their debt. In the most recent poll, the share of respondents who said debt repayment was a “top priority” rose to 22 per cent from 14 per cent in 2011…
