Do not avoid your Tax debt

Do not avoid your Tax debt

Canada has one of the highest rates of collections compliance in the world, and the Canada Revenue Agency’s (CRA’s) collection activities help fund public goods and services to support Canadians. individuals, businesses, and other organizations to meet their tax obligations and pay their outstanding debt.

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Ignorance rife when dealing with debt

Ignorance rife when dealing with debt

Borrowing money these days is a fact of life. And so it is more important than ever that people understand how to best manage their liabilities. A recent survey of highly leveraged borrowers by B.C. credit counselors  suggests many who get in over their heads are woefully uninformed about their best options for action.

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Only You Can Solve The Payday Loan Problem

Only You Can Solve The Payday Loan Problem

Payday loan companies in Ontario can charge a maximum of $21 on every $100 borrowed. That may not sound like a lot, but if you take out that loan every two weeks, for a year, you will have paid $546, which is an annual interest rate of 546 per cent. That’s a lot higher than even the highest credit card interest rate.

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