Credit Canada Blog

10 Bad Money Habits to Break | Credit Canada

Anna Guglielmi — Fri, 28 Nov 2025 13:00:00 GMT

We all develop our own money habits over time — some are helpful, while others can be harmful. From impulse buying to putting off savings, even the smallest behaviours can quietly shape your financial health over time.

How to Be Better with Money | Credit Canada

Alexandra Rodriguez — Thu, 20 Nov 2025 15:20:48 GMT

Getting better with money doesn't happen overnight, but it doesn't have to be complicated either. Whether you're juggling debt or struggling to save, small changes can lead to big improvements over time.

How to Set Financial Goals | Credit Canada

Himank Bhatia — Thu, 13 Nov 2025 17:00:01 GMT

Setting financial goals isn’t just about numbers—it’s about creating a plan that supports the life you want to live. Whether you’re working to pay off debt, save for something important, or simply get better control over your spending, having clear goals can make all the difference.

How to Consolidate Your Credit Card Debt | Credit Canada

Cathy Plowman — Thu, 06 Nov 2025 15:00:00 GMT

Managing multiple credit card payments can feel like an uphill battle. Between high interest rates, mounting balances, and juggling a host of different due dates, you might feel as though you’re struggling to reduce your debt, no matter how hard you try.

Sustainable Spending: Budgeting for Long-Term Financial Health

Doris Asiedu — Mon, 03 Nov 2025 21:00:00 GMT

When it comes to managing your finances, budgeting isn’t just a quick fix. It’s not meant to only be used for a few months to pay off bills when money is tight. Instead of viewing it as a short-term solution, think of budgeting as a way to build a secure future.

How to Avoid Bankruptcy in Canada: Bankruptcy Alternatives

Mike Bergeron — Thu, 30 Oct 2025 20:15:00 GMT

Almost everyone uses credit at some point in their life, whether it's to cover the essentials, manage bills, or navigate a sudden emergency. But when the balances keep growing and payments become unmanageable, it can feel like you’re stuck with no way out. If you're overwhelmed by debt and starting to consider bankruptcy, you’re not alone, and you do have options. In fact, there are several ways to reduce your debt and get relief without filing for bankruptcy.

Consumer Proposal vs. Bankruptcy in Canada: What You Need to Know

Credit Canada — Mon, 27 Oct 2025 15:30:00 GMT

Updated on October 23, 2025

If you’re stuck in debt and can’t see a way forward, you’re not alone, and you still have options.

When a debt consolidation loan or a Debt Consolidation Program (DCP), sometimes referred to as a Debt Management Program, aren’t the right fit, two other regulated options may come into play: a consumer proposal or bankruptcy. Both are legal processes under the Bankruptcy and Insolvency Act, and both are designed to help you get out of debt when things feel unmanageable.

How to Save Money When You’re Moving | Credit Canada

Himank Bhatia — Thu, 09 Oct 2025 14:00:00 GMT

Moving often comes with a sense of excitement — a new home, a fresh start. But for many Canadians, it also comes with sticker shock. By the time you factor in movers, packing supplies, utility deposits, and maybe even a storage unit, relocation can easily cost thousands of dollars.

Smart Ways to Pay Off Credit Card Debt Faster | Credit Canada

Doris Asiedu — Thu, 25 Sep 2025 14:00:03 GMT

Credit card debt is a common challenge for many Canadians, and it can quickly get out of hand if it’s not managed carefully. High interest rates and minimum payments that barely reduce what you owe can lead to growing financial stress, making bills and expenses harder to handle. That’s why it’s important to deal with credit card debt as soon as possible. The longer it lingers, the more costly it becomes for your budget and your peace of mind.

How Long Does Debt Consolidation Stay on Your Credit Report? | Credit Canada

Alexandra Rodriguez — Thu, 11 Sep 2025 14:00:00 GMT

If you’ve been looking into ways to manage your debt, you may have come across debt consolidation. Simply put, it means combining multiple debts into a single, easy payment. If you’re dealing with several bills at once, such as credit cards, payday loans, or other unsecured debts, debt consolidation can help you stay organized, and if you qualify for a lower interest rate, it will save you money and can help you pay off your debt faster.