Debt Tag

Between having to financially balance credit cards, mortgages, and loans, many homeowners often find themselves taking on too much debt. What might surprise you is that this is quite common and by no means a bad thing, especially when you have the option to consolidate...

Since its introduction in 2018, homeowners across the nation have dealt with financial difficulties and challenges when facing Canada’s infamous mortgage stress test. So to help take the stress off any mortgage concerns you may have, the Leap Financial team has broken down exactly what...

The spring season is representative of a fresh start for you, and your financials. Use Your Home Equity To Explore New Opportunities   Your home equity is the value of your home today, minus the outstanding balance on your mortgage. And while this may seem like nothing more...

We understand just how difficult it can be to keep up with outstanding debt. Whether you have tax bills that are long overdue, or if you’ve steadily started to fall behind on payments, sometimes all you want to do is forget about having to pay...

Before the coronavirus pandemic, financial advisors typically recommended people prioritize debt payoff first and foremost. But now that so many Canadians have been furloughed or unemployed, the focus has shifted to savings. It is very important to have an emergency savings account. And while experts advise...