"Give people enough line of credit and they’ll hang themselves with debt" reads an article from the Globe and Mail. The full story can be found here or just read on. mydebtsolution.com is ready and able to help with any credit problems you maybe experiencing. Contact Us for advice or to start your own debt management program. We also offer debt settlements if that option may work for you or credit counselling to get you on the right track.

The bad boy of borrowing products – that’s the line of credit. Recently, the federal government asked the banks to stop blithely handing out home-equity credit lines to people. In his new book The Wealthy Barber Returns, David Chilton writes that credit lines can be an excellent financial tool for disciplined people. “The other 71.9 per cent of Canadians, however, should be careful. Very careful.”