Kevin Correia

It’s a typical November rainy day in Vancouver. But it doesn’t feel like it. Something feels out of place. Actually, everything feels out of place. I approach my apartment building near Metrotown and notice there is a (1) grizzly bear passed out next to the apartment entrance. His thick fur is soaked from the rain. I can see that he tried to claw his way into my building to seek shelter from the rain. He probably gave up as he grew tired…

In 2008 I began to receive low interest balance transfer cheques from my credit card companies. At the time I had student debt at a high interest rate, so using them was a no-brainer. The offer was simple too: I would transfer a balance onto my credit card, and for 6 months I would have a low interest loan. No balance transfer fees, no limits, no gimmicks. In hindsight, the timing of these balance transfers were strategic. From 2007-2008 capital markets were experiencing the credit crunch, and …