The Financial Rescue Blog

Understanding how minimum payments work on your credit card is crucial for managing your finances effectively and avoiding debt traps. While minimum payments can provide short-term relief, they of...

Navigating the world of debt can be overwhelming, especially when faced with misinformation and myths that cloud your judgment. To help you make informed decisions, let’s debunk some of the most c...

Understanding your credit score, credit rating, and credit report is essential for managing your financial health. These tools are used by lenders to determine whether to approve you for credit ca...

Canadians have a lot of credit card debt. Each of us is carrying about $4,000 in debt on our credit cards right now, according to a report by TransUnion from May 2024. That’s a worrying number w...

Teaching teenagers about money is a common responsibility for parents, but introducing them to the concept of credit can be more challenging. By "children" in this context, we mean teenagers who a...

Deciding to file a consumer proposal is a significant and often difficult choice, especially for couples. It can create tension in a relationship, and many worry about the potential negative impact...

Debt Warning Signs: How to Recognize Financial Trouble and Take Control Debt can be a silent adversary—slipping into your life gradually before overwhelming you all at once. Financial struggles of...

In today’s world, people rarely offer their services without expecting something in return. So why would someone hire a company to manage their finances or guide them through handling debts and c...

Whether your debt is small or large, managing it effectively is essential to avoid financial strain and ensure timely repayments. Here are some practical tips from debt solutions experts in Toron...