Mortgages has become harder to obtain – how to find alternatives to the rules It’s a lot harder to get the feds to back your mortgage than it was a few months ago. Effective July 1st, 2020, the Canada Mortgage and Housing Corporation (CMHC) has reduced borrowing limits, demanded higher credit scores, […]
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Do not need to acknowledge old zombie debts after two years in Ontario
Do not need to acknowledge old zombie debts after two years in Ontario. The statute of limitations is two years in Ontario. The consumers need to be aware of the scourge of indebtedness when taking on more debts and the requirements of their monthly debt payments. Canadians with old debts please beware. […]
