Back to learn
Credit card debt happens. Now what?
Rounding it up
So you have some credit card debt and want to teach yourself how to get out of it. First, build up a cushion of cash to avoid putting any more charges on those credit cards.
Also check whether you can use low-interest debt to pay off some of your high-interest debt.
Then, pick a method to start tackling your debt. You can pay off the smaller debts first, or go in order of highest to lowest interest rate.
If you’re feeling really stuck, you can look into a consumer proposal or work with a nonprofit credit counselling agency. Remember, you have options!
Related articles
What is the best interest rate on savings accounts?
7 mins
Yekaterina GalanovaNot all savings accounts are created equal. Learn here how to pick the one that has your best interest in mind.
What is the best interest rate on savings accounts?
7 mins
Yekaterina Galanova
Not all savings accounts are created equal. Learn here how to pick the one that has your best interest in mind.
#interest
#interest rate
#savings
#savings account
Can international students get a credit card in Canada?
7 mins
Ally StreelmanKick off your life as a collegiate in Canada by learning if and how you can land a credit card as an international student.
Can international students get a credit card in Canada?
7 mins
Ally Streelman
Kick off your life as a collegiate in Canada by learning if and how you can land a credit card as an international student.
#credit card
#credit
#international student
#student
Can a non-resident get a credit card in Canada?
5 mins
Dan BuchererNon-residents and newcomers can get a credit card in Canada. Make sure you know that’s what you want before signing the dotted line!
Can a non-resident get a credit card in Canada?
5 mins
Dan Bucherer
Non-residents and newcomers can get a credit card in Canada. Make sure you know that’s what you want before signing the dotted line!
#credit
#credit card
#newcomer
#immigration
What should new Canadian residents look for in a credit card?
5 mins
Ryan SeveranceFinding the right credit card for you is never easy. Here’s what you should look for when signing up for your first Canadian credit card.
What should new Canadian residents look for in a credit card?
5 mins
Ryan Severance
Finding the right credit card for you is never easy. Here’s what you should look for when signing up for your first Canadian credit card.
#newcomer
#credit
#credit card
#immigration
What are high interest savings accounts?
6 mins
Andrew PanielloLearn how to pick the right high interest savings account so you can grow your money and protect your wealth.
What are high interest savings accounts?
6 mins
Andrew Paniello
Learn how to pick the right high interest savings account so you can grow your money and protect your wealth.
#savings
#high interest savings account
#savings account
#interest
A quick review of credit building products in Canada
5 mins
Chrissy KapralosGood credit doesn’t come easy, and rebuilding bad credit can take a while. Luckily, there are some great credit building products to help.
A quick review of credit building products in Canada
5 mins
Chrissy Kapralos
Good credit doesn’t come easy, and rebuilding bad credit can take a while. Luckily, there are some great credit building products to help.
#credit
#credit building
#credit card
#cash back