Canadians are less confident with their finances and people in debt struggle to hide their true feelings.
I am not referring to silence.
Before you take out any credit, it is important to understand what debt default means.
Canadians are more inclined to use credit cards these days because they make it easy to pay off debt or buy new items. Balance credit transfer.
Similar: Canadians have record-high credit card debts as inflation continues to be HOT
Debt can lead to a vicious cycle that can ultimately be fatal for those who are afflicted.
The concept of ‘Buy now and pay later‘ is a debt trap that can consume and haunt you for years.
No one cares about why you can’t pay your debt; they want their money.
If you can’t afford to take out credit or a bank loan, put the brakes on your pen.
Questions about Common Debt Default
Today I will address common questions concerning a default on Canada’s debt.
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