Credit card debt is the most common unsecured debt type in Canada, however, problems can arise when people turn to the plastic to cover the…

Student loans are one of the most common debts for Canadians. Many will have to take out a loan each year to cover their tuition…

Canadian residents have to pay for multiple healthcare services including dental care and prescription drugs. A portion of costs is covered by public health insurance,…

Most cellphones are taken out on a payment plan in which you make monthly payments towards your plan in exchange for texts, minutes and data.…

Payday loans are a quick fix for people who are struggling to make their income stretch to the end of the month. These often come…

Mortgages are loans provided to buy a home. These are secured against the property and are paid over a long period of time. You then…

Getting on the road is a costly affair with Canadians relying on long term car loans, with high interest rates, to cover the cost of…

Taxes are deductions taken from your income by the government and are put towards a number of programs such as pensions, public healthcare and policing.…

Falling behind on everyday essential utility payments such as electricity or gas is classed as utility debt, with figures showing that four in 10 Canadians…

Taxes are deductions taken from your income by the government and are put towards a number of programs such as pension, public healthcare and policing.…

A secured debt is a loan that is backed by assets which reduces the risk associated with lending. This means if someone defaults on a…

An unsecured debt is a loan that doesn’t require an asset as collateral to borrow. Types of unsecured debt include credit card debt, utility bills…