Scott Schaefer
@schaefercpa
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A CPA & Trustee helping individuals in Kitchener-Waterloo with money management. Family man, proud father of 2 girls, runner, foodie & wine enthusiast
Kitchener, Ontario
Joined August 2010
Here's a short video on what drives me to help people: https://t.co/RZ3zHxuO5G
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Why are Millennials struggling so much more with their debts? And why were they the only age group to see a rise in their unsecured debt obligations last year? @doughoyes gives us some insight in this interview for @CBCNews: https://t.co/XC9PSYaAqK
cbc.ca
Insolvency trustee Doug Hoyes says millennial Canadians have been dealt a generational losing hand as they face student loans layered with bad debts from credit cards, high-interest loans, and...
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It's that time of the year where tax preparation companies offer you an 'instant tax refund' when you file your return. The cost of an instant refund just isn't worth it. Here's why: #taxrefund #taxseason
https://t.co/xEswzWnW1t
hoyes.com
"Instant cash back" options are popular during tax season. But before you pay for the service, find out if it's actually worth it.
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It's Fraud Prevention Month, But Fraud Never Sleeps... So this information is always relevant. Use this guide from @INTERAC to do a cyber-security self-checkup & maintain a protected digital presence:
interac.ca
We may remember to book our annual checkup with the doctor, but how often do we check on the strength of our personal data and cyber security? For
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Scott Terrio is no longer on Twitter, but he's still on the podcast. This week he has many thoughts on What To Do When Debt Collectors Get Aggressive. https://t.co/Kas3Ivmy5V
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We're very grateful to @HoyesMichalos for being a 2022-23 Leader Level Food & Fund Drive sponsor! Your sponsorship has provided 22,500 meals to #FeedTheHungry and we can't thank you enough.
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Here it is. A brand new, detailed post on what exactly affects your #creditscore, what you can do to improve it, and what lenders consider when approving credit applications. By @schaefercpa:
hoyes.com
When does a score go up or down? What are common credit score myths? And what do lenders look for?
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Is CRA ramping up collections? Did you read the federal budget (start at Chapter 9, page 203)? Answer: yes, but gradually. Big pick up in the last two weeks. More on the podcast with @schaefercpa and @iamianmartin
https://t.co/8Znx1Jve4Y Debt Free in 30
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May be an issue for some this year, worried about owing on $$ received in the form of CRB/CERB. It's in your best interest to be up-to-date on your taxes, esp. if you're hoping to negotiate with CRA. @schaefercpa explains:
hoyes.com
What happens if you don't file your taxes in Canada? If you are afraid to file taxes and worried you owe money, we explain your options.
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I've had a lot of clients over the years get into a lot of financial trouble by co-signing a loan for family or friends. How can you say no? How else can you help them? @MaureenParent7 @schaefercpa and @iamianmartin explain this week on Debt Free in 30 https://t.co/yiwRb7mQ7K
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Some consequences can include: - late payment fees - damage to your credit rating - higher interest rates - collection calls If you can't make your credit card payments, there are options for help. @schaefercpa explains: https://t.co/WIi0bgG4e9
hoyes.com
What happens if you don't pay your credit card debt in Canada and what are your options if you can't repay your debt?
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If you're struggling with credit card payments, @schaefercpa explains exactly what happens when you stop paying your credit card & ways to deal with the debt:
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Hoyes Michalos now offers a FREE course on credit repair. https://t.co/KvCLFoJCCY That's it. That's the tweet.
courses.hoyes.com
In this easy to digest credit repair course, Doug Hoyes, will take you through a detailed step-by-step plan to improve your financial stability while building up a positive credit history. Enjoy!
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Rebuilding your credit doesn't have to be complicated. Learn with the help of our free credit rebuilding e-book. This guide explains rebuilding best practices, things to avoid, and how to get your report for free and how to fix errors. Download:
courses.hoyes.com
In this easy to digest credit repair course, Doug Hoyes, will take you through a detailed step-by-step plan to improve your financial stability while building up a positive credit history. Enjoy!
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It's a lot easier on the mind when you know how it works. @schaefercpa explains: https://t.co/eMjgqN0o3g
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The share of insolvencies among those aged 50 & older increased from 28.3% in 2019 to 29.8% in 2020, and 31.4% post-pandemic. Get the details in our just released 2020 Hoyes Michalos Bankruptcy Study: https://t.co/hwtR11i8DI
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Just like debt problems, food insecurity can happen unexpectedly to anyone, at any time. It's our pleasure to support @FoodBankWatReg & their hard-work in allowing #kwawesome to meet its food needs.
Our friends at @HoyesMichalos became a first time supporter of our Food & Fund Drives this year! Phil the Food Drive Bag took a drive to say hello recently. Thanks to their support, we can help community members help each other through Food & Fund Drives! #FeedWR
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Heads up: đ The CRA has already started issuing collection letters for CERB repayment to those who may or may not have been eligible for the payments they received. #CERB #CanadaRevenueAgency
https://t.co/Axu71JxCqg
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JUST RELEASED: A new kind of #debt! No interest! No fees! What can go wrong? Lots, as 1st time guest @JenniferKwon15 explains. (Like they may be selling your data). Now on YouTube and all podcasting apps: https://t.co/IWqCktiVpN
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More tips to help you identify fake CRA calls. Stay protected:
hoyes.com
Learn the warning signs for fraudulent calls & what you should do if you receive threatening calls from someone claiming to work for Canada Revenue Agency.
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