wamAdmin – Women and Money Inc.

Protecting Yourself from Fraud – And the Bank

BywamAdmin

In Canada, you are innocent until you’re proven guilty. It would appear that our banking system has forgotten this simple fact. Lyndsay Passmore (http://www.theprovince.com/Woman+issues+warning+after+thieves+ring+thousands+credit+cards+bank+says/11333047/story.html) had 4 credit cards stolen. When she noticed them missing, she contacted the appropriate banks. In the interim between the cards being taken and her reporting them stolen, the thieves had…

Debt | Women and Money

Debt is Redder than Ever

BywamAdmin

Nothing like waking up on a Friday morning to find out that the Bank of Canada governor says house prices are overvalued by 30 %. As reported in the Vancouver Sun, Stephen Poloz, the Bank of Canada Governor said, “The vulnerability associated with household indebtedness is edging higher and the overall risk to financial stability…

Blog | Debt | Women and Money

Debt and Bank Fraud

BywamAdmin

Today there is good and bad news. The good news came from a StatsCan report about all of the household debt in Canada that many experts have been complaining about – how Canadians have been accused of being bad money managers but guess what? This report confirms that we are not broke and precariously dangling…