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Debt - Wikipedia.
Common types of debt owed by individuals and households include mortgage loans, car loans, credit card debt, and income taxes. For individuals, debt is a means of using anticipated income and future purchasing power in the present before it has actually been earned.
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Fortunately, in Canada there are many non-profit organizations that specialize in helping consumers who are experiencing debt problems. Non Profit Credit Debt Counselling Confidential Financial Review and Debt Relief Plan. Non-profit credit counselling organizations help thousands of Canadians each month with their debt and credit issues.
Canada's' Solution for Helping You Get Out of Debt
Debt Help for Canadians. Canadas one-stop solution for information and tools to help you get out of debt. Calculate debt freedom. Take advantage of our online debt calculators and see how long it will take you to pay off your debt in Canada.
Debt Definition.
Most debt can be classified as either secured debt, unsecured debt, revolving debt, or a mortgage. Secured debt is collateralized debt. Debtees usually require the collateral to be property or assets with a large enough value to cover the amount of the debt.

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