The president of a financial planning firm that specializes in helping clients get out of debt says most financial services firms are neglecting clients with credit problems.“The rest of the industry has ignored them,” says John Podlewski, president and CEO of Burlington, Ont.-based Debt Freedom Canada Inc., “because they’ve been known as being a non-profitable […]
They can help your clients pay the bills when they’re looking for work, or serve as an interest-saving vehicle for those with mortgages
Commercial lending has shown some signs of deterioration
The design of these structures may determine whether they can pass muster with the CRA (IE:TV)
Debt repayment trades precedence over saving, spending and investing
Delinquency rate jumps 19% in May
79% of respondents need immediate help with money management: report
More needs to be done in educating the public on money management, CGA-Canada says
Households continue to borrow at a swift pace
Prolonged economic downturn will keep consumer confidence depressed