Your creditors are calling from the early hours of the morning until late evening. They are pressing you to beg and borrow funds to pay their debt and can be very threatening. Unfortunately, there is no sympathy to your personal situation and the tone of these calls and the statements made can create fear, conflict,…

The Financial Consumer Agency of Canada (FCAC) is warning Canadians to be very cautious about companies that claim they can negotiate a deal to cut the amount of debt you must repay to your creditors. This process is often called “debt reduction,” “debt settlement,” “debt relief” or “debt negotiation.” “Unfortunately, people do not always see…

During uncertain economic times it can be challenging for mortgage professionals, especially those new to the field, to find avenues for financial growth. Housing markets are depressed; consumers are worried about job stability; financial markets are sputtering and consumers are overextended. On top of all that, banks have tightened up their lending criteria, forcing many…