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Podcast: DebtMatters Podcast
Episode: 3 - How to Avoid Credit Card Debt
Description: We are living in precarious financial times. The social and economic impacts of COVID-19 have been felt by all Canadians, many finding themselves deeper in debt. In today’s podcast Jillian Taylor-Mancusi, Licensed Insolvency Trustee with LCTaylor, talks about one of the most common forms of unsecured debt - credit cards. In this episode Jillian covers: How credit card companies make moneyCompound interest - calculating your daily interest revealing how much interest you are paying on the interestWhat happens when your file is sent to a collection agencyWage garnishments, statement of claim judg...