https://padlet.com/yovillelover99/hwtrnd2oyfil WHAT TO DO WITH THEM WHEN YOU ARE IN TROUBLE by Erica Rand en-us 2019-01-30 17:46:09 UTC 2026-01-08 03:47:48 UTC hello@padlet.com yovillelover99 https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/325958753 https://loanscanada.ca/credit/what-is-bad-credit-and-how-do-i-fix-it/

We learn what signs of bad credit card debt is like so maxed out credit cards, missed payments, trying to get new credit cards into your hands because your other ones are all maxed out. As well not being able to buy the car you want because of your credit card debt, getting that job you've been wanting as well as not being to purchase that house you've been eyeing on.

]]> 2019-01-30 17:55:46 UTC https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/325958753 yovillelover99 https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/325960428 https://www.mymoneycoach.ca/budgeting/loans-debt-credit/get-out-of-debt-bcal

Helpful and very effective ways into getting out of your credit card debt. One of the pieces of advice spoke to me the most which is speaking to a credit card counsellor because I personally know a few people in really bad credit card debt and they get calls regarding their credit all the time. So I feel like they should consider looking into a counsellor because ignoring calls and not doing anything about it will do more damage than good.

]]> 2019-01-30 17:59:08 UTC https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/325960428 yovillelover99 https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/325962369 https://www.nomoredebts.org/debt-help/getting-out-of-debt/how-to-get-credit-card-debt-relief-canada.html

This is for people that are in serious debt and can't even pay for the minimum payment anymore. There are two different programs you can apply for one being the debt management program. Which is where they work with your budget that you don't have to take out more money to pay off the debt you are in. Then the other program is called the debt settlement program which is when you offer unsecured creditors money (assuming it has to be a lot) in order for these creditors to write off the remaining debt you have.

]]> 2019-01-30 18:02:59 UTC https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/325962369 yovillelover99 https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/325963516 https://www.cbc.ca/news/business/bank-canada-credit-card-interest-rates-1.4744245

Rather than getting told the same old tips this article really expresses the truth and how hard it will be to get out of debt. So they tell you that when you go to try budgeting yourself for the first time that they are bluntly telling you that you are going to mistakes. Lots of patience they say and that there's going to be setbacks regardless. This article is refreshing to read because it's giving you the honest truth about getting out of debt. They will tell you in articles to do this and that and you will be all good but life does not work that way. There is always going to be set backs wether it's an accident, emergency, death in the family.  All the not so great things about life.]]> 2019-01-30 18:05:17 UTC https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/325963516 yovillelover99 https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/325964927 It is very sad to see these statistics and know how many Canadians are struggling with their credit card debt. I even know a few close friends that are in this boat and that a good part of their pay check just goes into paying the debt off. ]]> 2019-01-30 18:08:05 UTC https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/325964927 yovillelover99 https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/325965457 Credit card debt can totally feel like a heavy weight on somebody's shoulder that they cannot lift off. Especially since credit cards are handy to have for many reasons it can result into the least handy thing you own.]]> 2019-01-30 18:09:03 UTC https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/325965457 yovillelover99 https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/330173461 You will learn how to get out of debt, how it effects many people, how to prevent debt from happening and how important it really is to have a high credit score.]]> 2019-02-12 02:52:39 UTC https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/330173461 yovillelover99 https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/330175628 https://www.youtube.com/watch?v=jtgnRJKSJlw

In this video you will learn the two methods into paying off all your credit card debt from using the snowball method or the avalanche method. Both ways work very effectively but they both have disadvantages. It really depends on your financial situation and how much you can throw into your debt. I think the snowball method would be the best option for someone that has a minimum wage job because once you pay the first debt in a fairly good amount of time it will motivate you to keep going. The avalanche 
is a longer wait to see the first debt paid off.

]]> 2019-02-12 03:06:47 UTC https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/330175628 yovillelover99 https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/330185661 https://www.youtube.com/watch?v=jfZU3ckGi4Q
While this is a very humorous skit about credit card debt it really is how people can think of their debt as. Just because you are in debt doesn't mean you should put yourself into even more debt. The littlest things you purchase it can really add up in the long run. Then at the very tail end of the video where Peter mentions that he stays up all night with panic attacks about how much debt he's in, is probably how a lot of people feel if they feel very hopeless in getting out of their credit card debt.]]> 2019-02-12 04:00:45 UTC https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/330185661 yovillelover99 https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/330326638 https://www.youtube.com/watch?v=rMk7CKwJ8OM

This is the example of being very irresponsible with the power of a credit card. The student loans is the only understandable debt, but it still is insane how much money they spent on to education. But nonetheless all the other debt they have is not necessary.  
They are spending so much more above their means.  The car debt is most likely because they both probably have brand new cars, and it is totally not necessary to own a brand new car.  Now from all of these poor life choices both the woman and the man made they now have to change their lifestyle completely. ]]> 2019-02-12 14:02:03 UTC https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/330326638 yovillelover99 https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/330339391 https://www.youtube.com/watch?v=-S91Pe-BjL8

This video really simplifies how important getting a high credit score is. The more your credit score is the less interest rate you pay, and you are always guaranteed to be able to borrow money if your credit score is 740 and above.  It makes quite a difference of how much interest rates make a big impact depending on where you are in your credit score levels. The  lower you are in your credit score the more interest you pay and the higher your credit score is least amount you pay. This video really inspires me to use my credit card more often so I can really build up a high credit score so when it comes to making big purchases in my future I will be paying the lowest interest rate possible. ]]> 2019-02-12 14:23:05 UTC https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/330339391 yovillelover99 https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/330880053 2019-02-13 16:13:38 UTC https://padlet.com/yovillelover99/hwtrnd2oyfil/wish/330880053