{"id":1391,"date":"2020-08-03T19:09:06","date_gmt":"2020-08-03T19:09:06","guid":{"rendered":"https:\/\/mymortgagepros.com\/?p=1391"},"modified":"2024-02-08T05:46:02","modified_gmt":"2024-02-08T05:46:02","slug":"bad-credit-fix","status":"publish","type":"post","link":"https:\/\/mymortgagepros.com\/bad-credit-fix\/","title":{"rendered":"How to turn 29% bad debt into 3% good debt"},"content":{"rendered":"\n
The ongoing resiliency of the Canadian housing market has most Canadians feeling confident that their home is a sound financial investment which will become a cornerstone of their long term financial well being.
Unfortunately the same cannot be said for the amount of debt Canadians have outside their mortgage. A recent Royal Bank survey stated that debt loads outside mortgages have sky rocketed since the recession of 2008-2009. In fact, 38% of Canadians state that they\u2019re anxious about their current debt situation.<\/p>\n\n\n\n