Tag: debt

Canada’s Personal Debt Crisis

Speaking at the Chamber of Commerce in Yellowknife, Stephen Poloz, Governor of the Bank of Canada stated it succinctly, Canadian household debt has surpassed $2 trillion. That’s more than $54,000 per person. This is Canada’s Personal Debt Crisis. $2 trillion can be difficult to fathom. It is often broken down and described in terms easier […]

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Personal Investment & Loan Tips : Signature Loan Tips

This is Financial Adviser, Patrick Munro, talking about signature loans. Signature loans are a great opportunity for someone to work with a financial institution that believes in them. The reason they believe in them is because they’ve got great credit; that they have demonstrated themselves to the financial institution that they’re a good credit risk, […]

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Repaying Student Loans in a Difficult Economy

Hello and welcome to Your Money 2.0. I’m Thomas Fox, community outreach director of Cambridge Credit Counseling. Job seekers everywhere are finding out that the struggling economy has changed the rules of employment our country. Not too long ago, a college degree practically guaranteed a good-paying job but these days that’s no longer the case. […]

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How to Get Out of Credit Card Debt: Other Options (Debt Management 3/4)

Meet Tom. Tom is a few years out college with a great job and a lot credit card debt. Tom just watched our first video, “How to Get Out of Credit Card Debt – Part 1”, so he understands that balance transfer credit cards are a good debt management solution. Unfortunately, he just can’t qualify […]

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Cambridge Credit: Homeownership

Welcome to the Learn Now or Pay Later, financial wellness series brought to you by Cambridge Credit Counseling. We’re hoping to provide you with a better understanding of the financial challenges that confront you each day. Through education and advice, you can build a strong financial future Cambridge can help. Donnie Moorhouse with Chris Viale, […]

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Title Pawn Loans in Bankruptcy: How Are they Treated?

So what if you have a title loan here in Georgia and you need to file bankruptcy and you’re trying to restructure your debt can you include it? So this is an issue that has started to come up over the last 24 months and it involves title loans now we hate title loans they’re […]

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What Happens If You Don’t Pay Off Your Student Loans?

71% of people who graduated from college in 2012 have student loan debt. Full disclosure, I have quite a lot. Like, so much. The average graduate borrowed around $29,000. The total number of student loans owed in the US today has surpassed 1 trillion dollars with numbers rising every year. It’s reasonable to expect that […]

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