credit card debt

Credit cards are an important part of your financial arsenal, and they can be excellent tools to bring you closer to your financial goals. Travel rewards credit cards can be used to accumulate points for free … Read More

Canadians are well acquainted with the concept of IOU. According to TransUnion, the average Canadian’s non-mortgage consumer debt load climbed to $29,312 in the fourth quarter of 2017, with an average credit card balance of $4,154. Consumer … Read More

Your 20s can be an awesome and awkward time of your life. You’ve finished school and you’re now starting to work full-time. You’re an adult! The problem is, they don’t exactly teach you money management in … Read More

For the most up-to-date cards, check out the latest edition of The Best Balance Transfer Credit Cards in Canada If you’re carrying credit card debt, it makes sense to pay it off as soon as possible. … Read More

When used properly, credit cards can be a good money management tool. However, if you’re not careful with your spending, you can rack up consumer debt and stress yourself out. 

Having a good credit score is one of those things you always hear about, without necessarily understanding what it means. Your credit score is a number between 300-900 that determines your creditworthiness in the eyes of … Read More

It’s one of the more perplexing credit score myths I’ve come across: the idea that not having a credit card will improve your score. This is false, and I find this myth particularly bizarre; it’s like … Read More

Yesterday, Ratehub.ca’s second annual Digital Money Trends Report revealed how Canadians are using technology to manage their personal finances. We surveyed 1,000 Canadians for the report, and mixed in our own anonymous user data to find … 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

In an ideal world, you’ll be able to pay off all of your debt before buying a home. But as more and more Canadians carry credit card debt, the idea of purchasing a home after becoming … Read More