Recent content by J. Doe

I have a problem. Well, not me, but someone in my family. So, this person already has some trouble with debt collection, nothing unusual. However... this person I'm talking about was about to sign the standard template letter, but I told him to wait. I've heard the DCA has this bad habit, of...

I think all debt is good, if and only if it's a responsible debt! For instance, I got into debt so I could help my daughter pay her rent. It was a responsible choice, money was needed. But I would never go into debt to buy clothes or shoes, as my wife did, centuries ago, before knowing me. That...

What are the best student loans, for 2016? My youngest son is starting college next year and he's stubborn enough not to want his parents' help! (not that we have thousands of $$ laying around the house... but still!). I'm looking for the best option possible, I'd love to help at least by...

I wouldn't recommend you take out more than 1 payday loan at a time. I'm having trouble paying mine off as it is! Instead of taking out more payday loans, I'm looking to refinance it, by taking out a personal loan.

I understand there are 2 types of loans, secured and unsecured. How are they different and which one is a better choice? I'd love to get some information from people who have had some experience with borrowing money, rather than have my mind twisted with complicated terms by the bank itself :)

How do CIBC personal loans compare to others? I'd like to apply for a personal loan, I'm not yet sure how much to borrow, I'd like to cover my payday loan debt (which I'm currently trying to pay off) + have enough money left to resolve some personal issues. So, how are CIBC personal loans...

My parents, God bless them, tried their best to teach me as much as possible about financial education! So, back in the day, I used to be able to save about 15% of my salary, without any problems! Nowadays, things changed of course, mostly after our first child, expenses increased so we weren't...

Hey everyone :) I'm looking for some sort of advice. So, I just got a payday loan, a little over $800, to help out my daughter pay her rent. Problem is, as much as the money helped (and they did!), I can't afford to pay off the debt in whole, and was wondering if there is any way I could maybe...