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Bloggers
Tony McGoran
Tony McGoran is president of mydebtsolution.com, who maintains an active role as a Credit Consultant counselling on inquiries, allowing him to stay in tune with the needs and issues facing consumers with debt challenges. Prior to mydebtsolution.com, Tony had a wide range of lending experience with over 20 years in banking and financial companies, giving him unique perspective and experience in negotiating with lenders on behalf of clients.
Recent Posts
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The Age of Easy Credit Gives Rise to 'Grandpa Debtor'
For many of us, the promise of retirement means rest, relaxation and some time to smell the roses. But for an increasing number of older Canadians, retirement means serious debt trouble. According to a recent study by Hoyes Michalos & Associates in Ontario, 16 per cent of debtors who filed a bankruptcy or consumer proposal were “grandpa debtors” ...Apr 30 -
The Stage is Set, Time to Get Serious and Become Debt Free
Carney sets the stage... It's clearly time to start listening to Mark Carney when he talks about getting consumer debt under control. "In light of the reduced slack in the economy and firmer underlying inflation, some modest withdrawal of the present considerable monetary policy stimulus may become appropriate, consistent with achieving the 2-pe ...Apr 17 -
Debt Settlement Companies Require Due Diligence - Research and Ask Questions
According to Bank of Canada Governor Mark Carney in a recent interview, "We have never been as indebted as we are today as individuals. We've done analysis which shows that about 10 per cent of Canadians are vulnerable if interest rates return to more normal levels, which will happen." We all want to be debt free and it is on the minds of anyo ...Apr 11 -
Carney ready to step in if household debt levels get out of hand.
Mark Carney has a dilemma: He views record high household debt the number one domestic risk to the economy, but believes he would hurt the recovery if he raised interest rates to slow borrowing. But the Bank of Canada governor said in an interview with The Canadian Press that he would be prepared to intervene if things got out of hand. Mark Car ...Apr 07 -
Tips to Help Protect Your Personal Information
There was a police raid on an apartment just a few days ago which exposed a highly sophisticated identity theft operation. The police found credit cards, statements, credit card blanks, printers, laptops, hologram machines, all the tools required to steal your identity! So have a read below from an article in todays Province which can be found here ...Mar 26 -
Other entries by Tony McGoran
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About mydebtsolution.com
mydebtsolution.com, a division of Fraser Valley Credit Services Ltd., provides consumers all across Canada with effective, private Credit Counselling, Debt Settlement and Debt Management Plans through online, and Toll Free direct services. Since 1987, we have been helping people regain control of their finances and successfully pay off their debts or credit card debt with affordable Debt Management programs and discounted Debt Settlement options to avoid bankruptcy. We are the first government licensed, bonded Credit Counselling and Debt Management service based in BC. read more