How Credit Scores Affect Installment Loans
Installment loans are closely tied to credit scores. Your credit score will determine your options when it comes to borrowing money, and borrowing money will also impact your actual credit score based on how you handle the loan and its terms.
Fixed or Variable? What to Consider as Your Mortgage Comes Up for Renewal
When deciding between fixed or variable mortgages upon renewal, Canadians facing this decision should consider two key factors: the outlook for interest rates and their own risk tolerance. Historically, variable rates were favorable during low-rate periods, but with current economic uncertainties, locking in a fixed rate could provide stability and predictability in monthly payments. However, the path of short-term interest rates suggests that variable rates may see a decline in the coming months, making them an attractive choice for those who can tolerate some uncertainty. Ultimately, the decision should be based on individual financial circumstances and the willingness to embrace potential rate fluctuations.
Is There a Minimum Credit Score for Renting an Apartment in Canada in 2022?
Most landlords and rental companies check the credit scores of potential tenants as part of their application process. But is there a minimum credit score requirement for renting an apartment in Canada? Here’s what you need to know about credit scores and renting in 2022.
Foreign Exchange Fees in Canada
If you are ready to learn more about these exchange fees, then read on to find out even more. You can benefit from knowing these fees, but also be able to stay away from anywhere that the fees might be higher than you’d like to play.
Mortgage vs. HELOC: When Each One is Best
Are you trying to decide whether a mortgage or HELOC is best for your property? Here are some things to consider.
Canada Savings Bonds Explained
Savings bonds are a popular choice to go with for those who want to gift someone with a financial gain that grows with time. For decades this used to be one of the easiest ways to grow some of your cash and cash out later when it matures. However, since 2017; savings bonds have really died down. Find out even more about these Canada Savings Bonds, what they are, why they are now gone, and how you might be able to cash yours in if you’re still holding onto them.
Personal Loan Rates to Expect in Canada 2022
With many types of personal loans and lenders, you can choose which ones work the best for you based on the specifics they’re offering. Consider how much you need to borrow, what the lenders are offering, and whether you qualify for the loans through the lenders depending on their requirements. Learn more about the rates to expect for these personal loans in Canada.
A Mortgage Gift Letter: When Do You Need One?
One way to keep the financing low in Canada is to use a mortgage gift letter to buy a home. To make full use of the letter, you need to follow some basic rules to proceed with financing.
QuickBooks – Accounting Software for Small Business
As a small business owner, keeping track of your finances effectively can mean the difference between success and failure. QuickBooks is one of the best, most comprehensive accounting software programs available on the market. The intuitive design of QuickBooks is well suited to both small businesses and growing businesses alike.
Wealthsimple – Investment Solutions for Everyone
Wealthsimple provides customers with intelligent, easy ways to invest, without charging high fees or requiring account minimums like most investment management companies do. Cutting edge technologies and diversified portfolios facilitate the best possible returns on investment. Everything about Wealthsimple is clear and straightforward; a core value of the business is gaining trust through transparency.
Questrade – Investing Made Easy
Opened in 1999, Questrade is still one of Canada’s fastest growing brokerages with the reputation for being the best discount brokerage in the country. With Questrade you can utilize a wide array of different accounts such as RRSPs, TFSAs, RESPs or Cash accounts.
Foxquilt – Smarter Business Insurance
Finding the right business insurance can be a challenge. At Foxquilt, a leading Insurance Technology Company, insurance is a service, and as such, they are committed to the needs of each and every client. Foxquilt’s team of insurance experts works to get you the right insurance for your business at a better price. Not only can the professionals at Foxquilt help you find the insurance you need for your business, they can also assist with your home and auto insurance as well.
Zensurance – Insurance for your small business
Every business owner should have business insurance. Zensurance is an online insurance brokerage determined to help small business owners find the right insurance for them, including general liability insurance, errors and omissions insurance and commercial property insurance.
MoneyGram – Global Money Transfer Services
If you need to transfer money quickly, MoneyGram may just be the right choice for you. As a global leader in international person-to-person and digital money transfers, MoneyGram is trusted by millions of people all over the world. Their reputable service is available in two hundred countries around the globe.
Tangerine Review
Tangerine is an online bank that has been serving Canadians since 1997, first as ING Direct and then switching to Tangerine in 2013. As with any Canadian bank, they offer a wide range of different financial services, the only difference being that they operate completely online and do not have any brick and mortar stores.
Money Mart Review
Requiring a loan is a commonplace occurrence among most Canadians at some point in our lives. Money Mart, which was founded in Canada in 1982 offers a wide variety of different services to help their customers meet their short-term financial obligations. They are a reputable company with over 700 locations that can be found all across North America and are registered with the Better Business Bureau.
Cash Money Review
If you require a safe and reputable way to obtain extra money, Cash Money can provide you with the services that you seek. With multiple locations all across the country, Cash Money has been in business for nearly thirty years and has served over a million Canadians. They offer convenient and flexible options that can meet many of your financial needs and specialize in helping their customers in times of financial emergencies and shortages.
Merchant Growth Review
Merchant Growth is a rapidly growing Canadian financing company that caters specifically to small businesses across the country. They provide loans and financing to a wide variety of different industries, from manufacturing to e-commerce and everything in between. With multiple different financing plans to suit each individual business need, Merchant Growth can help your business with renovations, staffing, inventory, technology and anything else that you need to help your business thrive.
2020 Canada Tax Filing Deadline
The date to circle on your calendar is April 30th, 2020. For most Canadians, that’s the deadline to file your taxes for the 2019 fiscal year. In this post, we’ll be breaking down all the basics you need to know like what the deadlines are for personal, self-employment and corporate tax filings, what the penalties are for not filing your taxes on time and more!
The State of Alternative Lending in Canada 2018 Study
Canadians are warming up to alternative lenders, but remain skeptical. When they’re in need of a loan, a majority of Canadians now look to online lenders as a viable alternative to traditional financial institutions, according to the State of Alternative Lending in Canada 2018 study conducted by online comparison service Smarter Loans.
Alternative Lending in Canada 2018 – Insights for Lenders
Interest in alternative lending products is growing steadily in Canada, and as more consumers explore available options they are generally finding the information, products and level of service they are looking for, according to the State of Alternative Lending in Canada 2018 study published by Smarter Loans.
Guide to Getting a No Credit Check Loan
Misfortunes such as sudden job loss, poor health, and the death or illness of a spouse do happen, oftentimes quite suddenly. At times like these, monthly bills continue to come in the mail; food and other necessities won’t wait either. When these problems arise, even someone with good credit for many years can find their finances in shambles. These types of scenarios present the need for a loan without a credit check.
Qualifying for a Mortgage in Canada and the U.S.
Buying a home is a major expense; for most consumers it is the largest financial investment they will make in a lifetime. People that paid for their homes with cash make up the minority of homeowners. Simply put, having ready money to purchase a home is an ideal situation but is out of reach for most people. The path to owning a home more commonly involves qualifying for a mortgage.
Inside the World of Merchant Cash Advances
After being denied six business loans, Rhonda realized that because her business was new, most banks would not offer her enough financing to start her new venture. However, she had heard about an alternative to traditional lending known as a merchant cash advance, or MCA. Encouraged, she took off in the direction of getting funding via an MCA. And she is not alone; millions of start-ups and established businesses take advantage of the benefits of this type of financing. But before they do, they must understand the ins and outs of merchant cash advances.
Financing Equipment vs Leasing Equipment
A broad spectrum of customers either finance or lease equipment for business or personal use. And the list of the variety of equipment available is seemingly endless. The determining factors of whether to lease or finance equipment include a) who is the customer b) what the equipment is needed for and c) how long or how often it will be used.