What Canadians Need to Know About Credit Repair

[@pollenatrix]

With regard to using credit instead of having emergency savings: You may not get a lot of interest in a savings account but if you can't pay off that debt right away you'll be paying a whole lot more for that emergency in debt interest.

[@rustykatt3870]

Great video guys! Great info and it is nice to watch people who banter ideas around in such a friendly and knowledgeable way! Happy Saturday and good luck to us all ✨😊✨.

[@DebtFreein30]

Thanks so much!

[@_Pooter_]

u guys should make a debt to total assets/equity ratio episode and the compare it with the bank of canada :D

[@huntingupland]

I’ll guess everyone that is going through bankruptcy now is putting money aside as per a trustee’s instructions for unexpected needs (ie. money into separate savings accounts for your goals). Putting money aside toward a secured credit card would seem to be an optimal strategy to rebuild credit.