Debt Mountain

Household debt in Canada is now bordering on excessive, catalyzed by low rates setting off a boom of borrowing over the last decade. Canadians now collectively owe C$2.16 trillion, which as a share of GDP is the highest debt load…

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HELOC’s: Where ignorance is apparently bliss

As a collection agency with offices in Edmonton, Calgary and the GTA we have recognized that over the last 15 years home equity lines of credit have emerged as the driver of mounting non-mortgage debt in Canada — yet many…

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The Worm is turning in the Canadian credit market

As a collection agency with offices in Edmonton, Calgary and the GTA we were alerted yesterday when Equifax Canada reported that consumer delinquencies climbed higher in the fourth quarter of 2018 and the credit monitoring company warns that rising delinquency…

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calgary collection agency

When Can A Collection Agency Call You?

Are you dealing with a collections issue, and wondering when a collection agency can and cannot call you? The team at our Calgary Collection Agencyshare their expert answers today. 1. When Can A Collection Agency Call You? An Alberta-based collection…

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Canadians; CRAZY in love with debt

As a collection agency with offices in Edmonton, Calgary and the GTA we recognize that the vast majority of consumers we inevitably end up dealing with are good people, with good intentions, that have now simply arrived at the tipping…

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Consumer Cannon Fodder

Good news for long abused savers while long favoured debtors are nudged a little closer to the precipice. It appears overindebted Canadian consumers can now officially consider themselves nothing but cannon fodder at the Bank of Canada. Governor Stephen Poloz…

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