Debt Free In 30

Is credit repair a scam? Learn the truth from experts about repairing damaged credit, understanding credit scores, and managing debt. Doug Hoyes and Ted Michalos explain essential topics like credit utilization rate, responsible credit card usage, and when you should worry about your credit score. Whether you’re working to rebuild your credit or aiming to maintain a healthy score, this episode is full of practical advice on credit and debt management for all Canadians. Timestamps: (0:00) Humorous introduction: Doug Hoyes and Ted Michalos on modern credit (2:00) Should you worry about your credit score? (5:10) Credit utilization rate and access to debt (7:40) How many credit cards are too many?  (11:10) Can items be removed from your credit report? (12:25) How often should you check your credit report? (14:00) Practical strategies for reducing debt   (17:10) What is a consumer proposal? How does it impact your credit score? (20:00) Why saving cash is more important than you think   (21:50) The importance o