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Search results for consumer debt

Why Consumer Debt Levels Are So High

Debt is a huge problem as a ton of people are wrestling with consumer debt. These consumer debt levels are high currently for a variety of reasons. read more »
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Consumer Debt Paid Off, Now What?

We paid off all of our consumer debt! Now we'll look to open a TFSA and an RESP, then pay down our mortgage and invest through a Smith Manoeuvre. read more »
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Why You Shouldn’t Get a Pet If You Have Consumer Debt

I grew up with pets. We always had a cat and sometimes a dog. I am particularly fond of cats, and without a cat, our house just feels lonelier. read more »
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What Do the Credit and Debt Statistics Mean for Consumers?

Foreclosures and unemployment are up, so how are consumer debt and delinquencies down? Clear up some of the confusion surrounding those credit statis[...] read more »
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Credit Card Industry Providing Credit Help Websites?

Credit card lenders have now banded together to create a website to "help" consumers who struggle with debt. Here's a critique of some of their co[...] read more »
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Deficit Spending - Borrowing from Tomorrow to Spend Today

The White House expects deficit spending to reach 9.05 trillion over the next decade. Debt will represent 69% of GDP in 2019. Yet consumer confidence[...] read more »
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Understanding the Statute of Limitations and Consumer Debt

The typical American consumer carries a fair burden of secured as well as unsecured consumer debt. These accounts usually refer to credit cards, pers[...] read more »
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Consumer Stocks to Struggle, Debt to Blame

Consumer Debt is likely to curtail the current rally in consumer retail stocks. Pressures from borrowing, taxes, wages, and retirement could shipwrec[...] read more »
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