Doug Hoyes

We’re seeing an increase in the number of people struggling with debt take advantage of higher house prices to refinance their credit cards. They’re doing this using their home equity either through a second mortgage or … Read More

Payday loans are a dangerous borrowing vehicle. I’m going to provide you with two statistics that may or may not surprise you: One in 10 people admit to using a payday loan or short-term loan and … Read More

While it may seem like the Canada Revenue Agency (CRA) has all the power if you owe it money, the truth is there are strategies that you can put in place to deal with large tax … Read More

Post-secondary education is expensive. Gone are the days when a summer job could cover tuition and books. Today’s students and graduates are forced to rely on loans and credit cards while working during the school year. … Read More

A good credit score is the gateway to better borrowing. With a strong credit profile, you can qualify for more lending products with lower interest rates. So how do you improve your credit score? By eliminating … Read More

As of April 1, bankruptcy trustees are now known as licensed insolvency trustees. The Office of the Superintendent of Bankruptcy Canada, the division of the federal government that regulates trustees, changed the name to emphasize that … Read More