Watch out for scams related to COVID-19: As we all focus on our health and the wellbeing of others during these very trying times, it’s unfortunate that unscrupulous people are trying to take advantage of everyone’s distress. Scammers are sending fraudulent emails, text messages and even calling in an attempt to obtain your personal...Continue reading
As Canadians struggle to adapt to the new measures in place to flatten the curve of Covid-19 infections many are facing financial uncertainty. Although the Government has released an Economic Response Plan, details are not always easy to understand, and they don’t all cover the challenges facing many Canadians. Below are answers to the questions...Continue reading
Q. Is now a good time to deal with my debt or wait and try to use the payment relief programs the banks are offering? This is a question we are being asked every day throughout our 4 Pillars offices. Prior to this crisis, millions of Canadians were already struggling to pay off their...Continue reading
How to prioritize payments during COVID 19 Our lives are on hold and for a large number of us, so is our income. Millions are now grappling with the reality that expenses and interest charges will continue to pile up as unemployment and social distancing become the new norm. There’s help on its way through...Continue reading
Just the facts: Canada’s Covid-19 Economic Response Plan Recently the Federal Government announced $52 billion in funding to help Canadians and businesses who are facing hardships as a result of Covid-19 – including a $2,000+ a month benefit to workers directly impacted by the virus. Details on these new Government funds and programs are being...Continue reading
5 Tips to Curb Boredom Spending during Covid-19 As more and more countries put strict social distancing guidelines in place to slow the spread of Covid-19, one of the unfortunate side effects is more time spent online. During China’s main quarantine period in February 2020, QuestMobile noted that daily time spent online via mobile internet rose...Continue reading
Consumer Debt needs to be an Election Issue. Now. October 3, 2019 I’ve been in the business of supporting consumer debtors for nearly 20 years. In that time, I have observed a steady and alarming trend toward rising consumer debt and financial instability. This week, yet another report was released pointing to what is a...Continue reading
20-year financial veteran Paul Murphy explains the best way to manage your money with 7 essential habits. These habits will help you stay out of debt, stick to your budget, and build long-term financial stability. I know that when it comes to managing money, it can sometimes feel like financial security is out of your control....Continue reading
WELCOMING A NEW VOICE: CANADIAN DEBTORS For about two decades now, I have worked with colleagues across the country to offer valuable services and support to Canadians facing crushing debt and insolvency. It has been a rewarding career journey as I know we have helped thousands move out of crisis and into financial stability. In...Continue reading
Credit is a fact of life There is an old expression that there are only two things you can be certain of in this life: Death and taxes. To that, I am going to add “credit”. In today’s world, credit makes the world go ‘round. Of course, most Canadians access credit to make a big...Continue reading
