credit card debt

In an ideal world, you’ll have paid off all your debt and be completely out of the red before buying a home. But with credit card debt a reality for many (roughly 1 in 3 Canadians … Read More

Credit cards are essential financial tools and can build your credit while simultaneously helping stretch your dollar through rewards and money-saving perks like travel insurance and purchase protection. But when you carry a balance, interest kicks … Read More

Let’s talk about your least favourite four-letter word—debt. Specifically, let’s talk about how to get out of it (and stay out of it!) for good. Don’t worry, we’re not going to tell you to increase your … Read More

This blog post was updated on May 20, 2019 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 … 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

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