Help Your Clients to Protect Their Identity

Recently, I was a victim of identity theft. Fortunately, my credit card company dealt with it but it was frightening and I felt invaded.

I immediately filed a police report and notified the credit bureaus and my bank and credit card companies. I got lots of good advice from PhoneBusters National Call Centre. They can be reached at 1 888 495 8501 or www.phonebusters.com

Caution and communication is required to prevent and resolve identity theft. For more info to learn how to protect yourself and go to www.publicsafety.gc.ca.

You may not even realize just how many of your members/clients could become a victim of identity theft. I hope that you have found this information useful and feel free to share this blog to provide others with this very important information. It is imperative that if an individual thinks that they may have been a victim of identity theft, that they act quickly to protect their personal information.

Consumer beware!!!

DebtCare Canada at The Financial Technology Tradeshow

We had a great time at The Financial Technology Tradeshow this past week. Thank you to everyone and it was a pleasure to connect with so many financial professionals. Here are our photos.

 

 

 

 

 

 

 

 

Is Debt Society’s Fault?

I was asked the other day whether I think a person/family’s debt is their fault or society’s fault.

If someone goes out and buys a $2,500.00 television knowing full well they don’t have that money socked away, then yes, that debt is 100% their fault. But what about the single income family who just faced a layoff and needs to buy diapers and baby formula? Is it their fault that they have no other option than to pay for it on their credit card? I think debt is often a product of peoples’ circumstances, and whether those circumstances are within their control.

Perhaps the fault lies with the lack of financial education given during secondary
school…..

For the most part I don’t think that people intentionally rack up their credit with no intention of paying it off, but that doesn’t mean it’s not their responsibility to deal with it. The first step to
dealing with a problem is admitting it’s there.

The next step is guiding the individual to a meaningful solution for their situation. Sometimes
the solution is credit counselling but most times the most effective solution will involve counselling and other tools and resources that can provide some debt relief.

As Director of Community Outreach for DebtCare, my mandate is to work with community organizations to help them access a variety of programs that are customized to the individual needs of people who are struggling with debt.

For more information about DebtCare’s programs, please visit www.debtcare.ca or contact me at 888-890-0888 ext. 2587 and I would be happy to come out to see you to discuss how our programs can complement our initiatives.

Exciting Announcement – Karen Goldenberg Joins the DebtCare Canada Team

DebtCare Canada is proud to announce that Karen Goldenberg has joined the DebtCare team as Director of Community Outreach. Karen is the former CEO of JVS Toronto and brings extensive experience to the DebtCare Canada team having worked with community leaders and some of the most successful private and non-profit charitable health, education and social service agencies.

Karen will head up the WeCare Canada initiative with a mandate to build awareness of  DebtCare’s products, services and continued mission to end the epidemic of personal over-indebtedness in Canada.

If you would like more information about the WeCare Canada initiative or if you would like to contact Karen, here is her contact information:

Telephone: 888-890-0888 ext. 2587
Email Address: kgoldenberg@debtcare.ca
Online: www.debtcare.ca/wecarecanada
Facebook: www.facebook.com/wecarecanada
Blog: www.getinformed.ca

Financial Infidelity

I was recently talking to a family lawyer who told me that she frequently saw situations where marriages were dissolving because people were in financial difficulty and did not share the problem with their spouse.

A double edged sword, mismanaged debt can cause marriage breakdown and marriage breakdown  can cause further financial stress.

Tackling the problem head on is critical to save the marriage  or avoid further disaster. Your debt goes with you so taking action can save you from repeating the problem

For more information on how to get help, call 1-888-890-0888 ext. 2587 or visit www.debtcare.ca.

Retirement Poses Many Challenges

Retirement poses many challenges. Filling new found time with meaningful activity and living without a salary needs thoughtful planning.

Many people do not manage the reality of living on pensions and live beyond their means. Careful budgeting and re-evaluating your life style can help you achieve a successful retirement.

Get informed on your options and take responsibility for your new life. For more information contact me or visit www.debtcare.ca