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Certified General Accountants Association
The Early Warning Signs of Debt
Overwhelming debt seems to catch people by surprise, but there are a few early warning signs of an impending credit problem that you should be aware of. Once you know what to look for, be quick to take action and turn your finances around.
Canadians More in Debt than Ever
No matter how you look at it, Canadians are deep in debt. The Certified General Accountants Association has studied our debt-to-income ratio, our debt-to-assets ratio, and our debt-to-net worth ratio, and all have greatly deteriorated in 2008.
