1. Whenever must I get assistance with my personal credit card debt?

You could start thinking about looking for credit card debt relief choices if you discover you’re often spending your credit card debt after they’re due or frequently making just the minimal payments. If you’re counting on charge cards being a way to obtain funding, you’ll find out more info on filing a consumer proposition to combine your debt that is unsecured and you with an increase of cash for cost cost savings.

2. How much charge card financial obligation can I need to be able to file a customer proposition?

You could file a consumer proposal and have a Licensed Insolvency Trustee negotiate to repay all or only a portion of your financial obligation when you have between $1,000 and $250,000 in unsecured financial obligation.

Payday advances

1. What’s the maximum amount I am able to be charged for on an online payday loan?

In Alberta, Saskatchewan, and British Columbia, you will be charged as much as at the most $23 per $100 lent. In Ontario, it really is at the most $21 per $100 borrowed. In Manitoba, you may be charged a maximum $17 per $100 lent. In Nova Scotia, it costs $22 per $100 dollars borrowed. No provincial regulations have been set as of yet, so the restriction is up to the federal government’s cap of 60% interest on a payday loan per year in the provinces of Newfoundland and Labrador and New Brunswick.