2024-04-17 18:47
*This post was created in collaboration with Alpine Credits Qualifying for a mortgage these days is tough, especially with sky-high home prices, soaring interest rates, and the need to pass… Read More
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2024-04-16 15:56
As a Canadian homeowner, you’ve got plenty of bills to pay. In addition to your mortgage, you’re also responsible for all those utility bills, property insurance fees, property t… Read More
2024-04-16 14:46
Tax season is here, anyone filing their taxes will need a T1 General Form. Without it, you won’t be able to complete and submit your taxes. Individuals who earn money from a business… Read More
2024-04-15 17:29
The Canadian housing market is red-hot, making the dream of homeownership seem out of reach for many. However, aspiring homeowners now have a new ally: the First Home Savings Account (FHSA)… Read More
2024-04-12 16:34
The last few years have been difficult for many Canadian mortgage holders. Thanks to multiple interest rate hikes, homeowners with fixed-payment variable-rate mortgages are experiencing nega… Read More
2024-04-12 12:57
Earning enough money to support yourself and your family isn’t always easy. A job loss, medical emergency, or other unforeseen crisis can abruptly wreak havoc on your finances, leaving… Read More
2024-04-11 17:36
Over 90 million credit cards are circulating in Canada and a lot of those are carrying a balance. In fact, according to credit bureau TransUnion, in the third quarter of 2023, the average cr… Read More
2024-04-10 16:50
The popularity of online chequing accounts among Canadians continues to soar. These accounts offer unparalleled convenience, accessibility, and cost-effectiveness for managing daily finances… Read More
2024-04-10 15:53
Though Canadians are fortunate to have universal health care, medical bills can still add up. Things like physiotherapy, massage therapy and prescriptions are just some examples of the thing… Read More
2024-04-09 17:14
The world of real estate is chock-full of jargon that you may be unfamiliar with. If you plan to buy a home, one term that you’ll want to learn about is “conditional offer.&rdquo&hell…Read More
2024-04-09 14:46
Federal and provincial governments offer various benefits, usually in the form of financial aid, to support people with housing, old age, education and training, family needs, and medical an… Read More
2024-04-08 17:16
*This post was created in collaboration with Mortgage Maestro. Many Canadians don’t wait until they’re officially married before buying a house with their significant other. In f… Read More
2024-04-08 17:03
If you have a family member or friend who needs help caring for themselves, you may decide to become a caregiver for a certain period. But, doing so will require a significant time commitmen… Read More
2024-04-05 13:37
Is buying a house in Calgary on your agenda this year? Before you start searching for a new home, you may want to do a little research on the real estate market in Calgary. Further, yo… Read More
2024-04-03 14:43
What happens when your car gets stolen? As you might have seen in the news or maybe you’ve been a victim yourself, auto theft has become a crisis in Canada, particularly in Ontario.&nb&hell…Read More
2024-04-02 17:08
Short for Assured Income For The Severely Handicapped, AISH is an Alberta government-sponsored arrangement that provides ongoing funds to Canadians living with a severe disability. Employmen… Read More
2024-04-01 16:30
If you have bad credit, you’re not alone. Plenty of consumers across Canada have poor credit that hinders their financial freedom. But while bad credit can put a damper on your ability… Read More
2024-03-21 18:19
*This post was created in collaboration with Mortgage Maestro. The concept of “For Sale By Owner” — or “FSBO” for short — is nothing new. Many sellers cho… Read More
2024-03-20 16:56
If you run a customer-centric business that relies on point-of-sale payments for revenue, then you need a reliable payment processing solution. While several payment solutions are avai… Read More
2024-03-13 17:40
Filing your income taxes every year might not be fun, but it provides the opportunity for you to take advantage of various benefits and deductions if you’re eligible. Unfortunate… Read More
2024-03-12 17:06
Bree and Nyble are two online platforms that are designed to help keep consumers out of the red when it comes to bill payments and overdraft fees. If you’re short a few dollars and can… Read More
2024-03-12 17:02
To be financially healthy, it’s important to be informed. One helpful personal finance concept that everyone should know about is the debt-to-income (DTI) ratio. Your DTI not only prov… Read More
2024-03-11 18:44
If you have bad credit or no credit history at all, having access to a credit building apps like Nyble is extremely helpful. But as awesome as Nyble is, it’s not the only app of… Read More
2024-03-08 20:01
Vendor take-back mortgages are a solution for prospective home buyers who can’t afford a home through traditional means. Whether you’re unable to qualify for a mortgage or get a… Read More
2024-03-04 20:27
Canadian Mortgage App (CMA) was created by Bendigi Technologies, a Toronto-based fintech firm that strives to create a faster and more convenient mortgage experience for homebuyers. Th… Read More
2024-02-29 19:23
Most of the messages around debt advise you to avoid it or to pay it off as quickly as possible. While this is generally solid advice, there is such a thing as “good debt.” … Read More
2024-02-28 16:33
Having a mental or physical disability can make your life difficult and potentially prevent you from earning a sustainable income. This can be particularly problematic in provinces like New… Read More
2024-02-27 16:12
*This post was created in collaboration with Mortgage Maestro. Homeowners with mortgage terms coming due soon could be faced with significantly higher mortgage payments when they renew. By t… Read More
2024-02-26 20:41
*This post was created in collaboration with Alpine Credits In a startling expose, a whistleblower brought to attention a mortgage fraud scandal involving over 10 HSBC branches in the Toront… Read More
2024-02-21 20:10
Whether you’re applying for a new mortgage or are up for renewal on an existing home loan, you have a lot of decisions to make. And perhaps one of the more important ones is whether yo… Read More
2024-02-21 17:19
If you’re a parent who’s having trouble providing their children with adequate nutrition, access to medical care, and suitable shelter due to financial troubles, you may be able… Read More
2024-02-20 20:23
*This post was created in collaboration with Alpine Credits Canada’s real estate market has been marked by persistent instability, witnessing a surge of over 35% in home prices within… Read More
2024-02-09 19:03
Canadians looking for an affordable insurance policy without having to jump through hoops to find one will find MyChoice super handy. MyChoice helps Canadians find the right insurance… Read More
2024-02-08 19:53
In 2024, the contribution limit for the Tax-Free Savings Account (TFSA) has risen to $7,000, presenting a valuable opportunity for Canadians to enhance their financial portfolios. If y… Read More
2024-02-07 19:40
For prospective home buyers in Canada, navigating the challenging real estate market just got a bit easier with the introduction of the First Home Savings Account (FHSA). This innovati… Read More
2024-02-06 13:03
A credit card is not only a convenient tool to make everyday purchases, but you can also benefit from added perks like cash back, travel insurance, and exclusive deals and discounts. Moreove… Read More
2024-02-05 19:28
Taxes can take a big chunk of your income. To help reduce your income tax burden, it’s essential you take advantage of the tax credits and tax deductions available to Canadians. … Read More
2024-02-01 18:16
If you’re struggling with debt, you’re not alone. A recent poll by Ipsos found that nearly half of Canadians (46%) are carrying non-mortgage debt, and 48% of those people are fee… Read More
2024-01-30 17:29
Two Canadian students have just gained an extra $750 each. We’re thrilled to reveal this year’s recipients of the 2024 Loans Canada x KOHO Financial Literacy scholarship. Congrat… Read More
2024-01-29 19:23
Online banking continues to grow in popularity among Canadians looking for convenient and low-cost banking options. Online-only banks offer many services as traditional brick-and-mortar bank… Read More
2024-01-29 15:40
Did you lose your job? Are you on maternity or paternity leave? Are you in between jobs? Have you gone back to school to further your career? Or have you decided to take an extended sabbatic… Read More
2024-01-25 20:22
As a student, opening your first bank account is not just a routine procedure, it signifies a major stride towards achieving financial independence. Navigating the complexities of limited cr… Read More
2024-01-25 17:54
*This post was created in collaboration with Alpine Credits Homeowners aren’t the only ones feeling the pinch with soaring housing costs. Renters are also finding it increasingly diffi… Read More
2024-01-24 20:12
As a homeowner, you might not want to think about the possibility of a fire, flood, or theft. But these things can and do happen. With a home insurance plan in place, you can file a cl… Read More
2024-01-23 18:14
*This post was created in collaboration with Alpine Credits Not only can your rental property help you build wealth and boost cash flow through rent payments, but it can also be a source of… Read More
2024-01-22 18:09
*This post was created in collaboration with Mortgage Maestro. During the pandemic, mortgage rates were hovering near record lows, giving homebuyers plenty of incentive to get into the housi… Read More
2024-01-19 19:39
Finding the best chequing accounts is challenging as it requires you to navigate the diverse Canadian banking landscape. Well, fear not, because we’ve curated a list of your best optio… Read More
2024-01-18 17:10
Home insurance premiums may be just another bill to pay, but it’s one that could protect you from financial ruin. But as helpful as a home insurance policy may be, is it necessar… Read More
2024-01-16 18:27
In case you haven’t heard, Canada Pension Plan (CPP) contributions increased again in 2024. While these increases are nothing new, what worries some Canadians is the introduction of th… Read More
2024-01-05 20:14
Home insurance is an important tool that can protect your home in the event your home is burglarized, vandalized, or damaged by a natural disaster or nefarious actions by others. Any damages… Read More
2024-01-04 19:46
People with disabilities lead fulfilling lives – however, they might experience a bit more difficulty in doing certain activities or interacting with others and the world around them… Read More
2024-01-02 16:32
Predatory lending practices are everywhere and can affect all consumers, no matter who you are or what your financial situation is. Predatory lenders are just that, predatory. They prey upon… Read More
2023-12-27 19:14
*This post was created in collaboration with Mortgage Maestro As you enter your Golden Years, the last thing you may want to think about is taking out a loan. But depending on your financial… Read More
2023-12-22 16:22
This is one of the most common questions asked when consumers file for bankruptcy. And it’s a valid one. If you’re married or in a common-law relationship when you declare bankru… Read More
2023-12-22 16:20
Foreclosure is a highly unfortunate event that forces homeowners to lose their homes after defaulting on their mortgages. If you’re home is being foreclosed, it’s best to underst… Read More
2023-12-14 18:57
Housing affordability has become a significant issue among Canadians and is now at its worst level in 41 years. To alleviate the financial burdens among homeowners and would-be homebuyers, t… Read More
2023-12-14 14:32
If there is one issue that most Canadians deal with at least once in their lives, it’s debt. It can be difficult to keep your head above the crest of an ever-rising tide of bills, cred… Read More
2023-12-13 20:06
Joining Jon Erlichman on BNN, Loans Canada CEO Scott Satov delves into strategies Canadians can use to navigate their debt and maintain financial stability during the holiday season. In the… Read More
2023-12-13 15:07
Canada is known for its universal health care that’s accessible to all Canadians. However, routine dental care is not covered under provincial health care plans. Unfortunately, d… Read More
2023-12-12 19:43
While bankruptcy remains on a credit report for about seven years after the date of discharge, a consumer proposal remains on a credit report for three years after completion or 6 years afte… Read More
2023-12-11 16:49
Are you looking to buy a home, but struggling to come up with the down payment? In this article, we’ll go over down payment assistance programs available in Canada. Federal programs, p… Read More
2023-12-11 06:15
Getting approved instantly for a credit card is now easier than ever. Credit card issuers use sophisticated algorithms to approve applications in seconds instead of days or weeks. Instant ap… Read More
2023-12-08 19:34
Many parents in Alberta have to choose between putting their child in daycare and not working to be their caretaker – but many can’t afford either option. The demand for daycare… Read More
2023-12-07 19:15
Debt consolidation is one of the many ways borrowers try to manage debt. With it, you can simplify your debts into one payment, while lowering your monthly payments by extending your loan te… Read More
2023-12-06 18:24
If you’re overdue on a loan repayment, your creditor has the right to sell your debt to a collection agency, who can then come after you for the money you owe. But they can only pursue… Read More
2023-12-06 11:40
Despite vigorous protests from provincial residents, Quebec’s Housing Minister, France-Élaine Duranceau, successfully ushered the contentious Bill 31 through the Quebec National… Read More
2023-12-05 20:30
Debt can come from a variety of sources, mortgages, car loans, and credit cards just to name a few. Regardless of where your debt comes from, it’s an immense burden to carry around. Wh… Read More
2023-12-05 18:58
There are tens of thousands of Canadians out there struggling with other types of debts that can stem from unpaid credit cards and loan payments. While some of us manage to pay off these deb… Read More
2023-11-30 20:30
It would be nice to eventually become debt-free and avoid having to pay bills every month. But the truth is, some types of debt are not all that bad. In fact, there are certain types of debt… Read More
2023-11-29 20:16
Neo Financial is a Canadian fintech company. The disruptive entrepreneurs behind SkipTheDishes decided to shake up the banking industry with a suite of innovative digital banking products. F… Read More
2023-11-27 20:17
As Canadians cut costs, interest in no-fee credit cards is heating up. While these cards traditionally target students, newcomers, and lower-income households, a few options provide elite re… Read More
2023-11-22 16:32
Have you found yourself with too much debt and no idea how to pay it off? Maybe you’re currently in this situation because of a job loss, a bad business deal, too many loans, or too mu… Read More
2023-11-20 16:00
An unexpected medical bill, a sudden job loss, or an unforeseen home repair: life has its surprises. For many Canadians, these surprises can lead to financial stress. Consider a Februa… Read More
2023-11-17 14:38
Aeroplan is Air Canada’s popular loyalty program. The affiliated credit cards earn Canadians valuable rewards, travel savings, and priority benefits. These cards offer signup bonuses w… Read More
2023-11-17 13:49
With the wide array of business credit cards in Canada, it can be challenging for companies to identify the right card to match their spending habits and financial goals. The ideal business… Read More
2023-11-16 20:17
*This post was created in collaboration with Alpine Credits How much equity do you have in your home, and why is it important for you to find out? Maybe you’re a homeowner looking to s… Read More
2023-11-15 15:57
Carrying high-interest credit card debt can feel like an endless cycle of accumulating interest. Continuing to make minimum payments barely dents your balance and results in high-interest fe… Read More
2023-11-14 14:42
Whether you’re a university student trying to manage your first credit card or you’re approaching retirement and want to make sure you have a plan for a comfortable financial fut… Read More
2023-11-13 17:41
Are you thinking about giving a used car to someone in Ontario? It’s a thoughtful gesture, but there are critical legal and financial factors to address beforehand. In this guide, we&r&hell…Read More
2023-11-10 18:19
Travelling abroad can be expensive, with currency conversion and foreign transaction fees eating away at your budget. To maximize savings, many Canadians turn to a no foreign transaction fee… Read More
2023-11-10 15:41
With today’s housing prices going through the roof in many city centers across Canada, it can be tough for the average Canadian to be able to afford a home. Particularly in markets suc… Read More
2023-11-09 14:29
*This post was created in collaboration with Mortgage Maestro. Imagine being free from your mortgage sooner than later and freeing up money that would otherwise be spent on mortgage payments… Read More
2023-11-08 17:10
Inflation may have declined, but Canadians are still paying high prices for their groceries. The yearly costs of grocery prices for a family of 4 are expected to increase by more than $1,000… Read More
2023-11-08 16:58
Purchasing a home is a thrilling milestone, but it comes with substantial expenses beyond the property’s price tag. Closing costs, encompassing various fees and taxes necessary to comp… Read More
2023-11-07 16:40
Homeowners not only have the opportunity to build equity with every mortgage payment they make, but their payments also help build their credit history. Such is not the case for renters, who… Read More
2023-11-07 15:00
SoNomad is a travel insurance company that caters to all your travel insurance needs. Their mission is to help Canadians save money on travel insurance while making the process simple and ea… Read More
2023-11-06 17:34
In the last few years, Alberta has done a major marketing campaign to get Canadians to move to the province. The ad encourages people nationwide to make the move because they’ll have a… Read More
2023-11-06 15:51
Bed bugs can cause major financial damage if you don’t take care of the problem quickly. If you’ve noticed bed bugs in your apartment, it’s important that you contact your… Read More
2023-11-03 15:21
Purchasing a home is likely the largest financial decision you will ever make so it’s important to consider your options carefully. And just like with any major decision in your life… Read More
2023-11-02 17:53
A Registered Retirement Savings Plan (RRSP) is a wonderful tool to help you save more money for retirement. However, there are some rules when it comes to contributing to an RRSP that if not… Read More
2023-11-02 16:55
Missing a mortgage payment can happen to anyone. While stressful, it doesn’t have to spell disaster for your finances. Being proactive and understanding the potential consequences can… Read More
2023-10-30 14:51
If times are tight and you miss a few bill payments, your debt could end up going to collections. A debt collector recovers unpaid debt on a credit card, line of credit, or loan. Usually, yo… Read More
2023-10-27 17:02
Owning a car can be a money pit, but when life gives you lemons, what do you do? Make lemonade of course. The new Lemon Law, formally named Law 29, is the first of its kind in Canada… Read More
2023-10-27 15:55
Drowning in high-interest credit card debt? You have more options than just chipping away at minimum payments month after month. Credit card consolidation provides meaningful relief by centr… Read More
2023-10-27 15:20
Debt varies throughout different stages of life. Canadians aged 35-44 carry the highest average debt burden, reaching $541,851. This is primarily due to mortgages, as homeowners upgrade to s… Read More
2023-10-27 13:35
*This post was created in collaboration with Mortgage Maestro. The housing market in many centres across Canada is pretty hot, with the price of housing skyrocketing in many cities. Buying a… Read More
2023-10-26 15:59
When dealing with overwhelming debt, there are two more drastic options you may want to consider, consumer proposals and bankruptcy. These are legal processes, administered by a License Inso… Read More
2023-10-26 15:38
*This post was created in collaboration with Alpine Credits You’ve finally made your last mortgage payment. Congratulations! But now what? Are there any steps you need to take to make… Read More
2023-10-24 17:19
A recent 2023 report from the Healthcare of Ontario Pension Plan (HOOPP) revealed a startling statistic: Just under half of employed Canadians, 44% to be precise, have not set aside any mone… Read More
2023-10-19 17:53
*This post was created in collaboration with Alpine Credits If you’re planning on tapping into your home equity, it’s important to get your home appraised to determine its value… Read More
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