How a CHIP Reverse Mortgage Can Help You Cover the Costs of the Holiday Season - Dominion Lending Centres

Author: B G Financial Corp. | | Categories: Canadian Group Benefits , Debt Consolidation , Disability Insurance , Employee Critical Illness Plans , Financial Advisors , Financial Planners , First Time Home Buyer Mortgage , Fixed Mortgage , Fixed Mortgages , Group Plan Marketing , Life Insurance Agent , Life Insurance Broker , Life Insurance Quotes , Mortgage Broker , Mortgage Insurance , Mortgage Payment , Mortgage Pre-Approval , Mortgage Rates , Mortgage Refinance , Permanent Life Insurance , Term Life Insurance , Travel Insurance , Universal Life Insurance , Variable Mortgage , Whole Life Insurance

As you’re undoubtedly aware, the holiday season can be a very expensive time. Not only are there gifts to buy, but there can be a host of hidden extra expenses – gift wrapping, postage, and more take-out meals than normal for a start.

It’s therefore no surprise that many Canadians find themselves struggling to afford these extra costs; many wind up paying for the holiday season with their credit card. According to a study by lowestrates.ca, 63% of Canadians expect to do this, with just over half of those carrying the balance into the new year.

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