Articles About Financial Advice

downpayment for a house

How Much Down Payment Should a Buyer Expect to Pay?

Purchasing a home is the biggest financial investment most people will make in their lifetime. With advance research and planning, the obstacles in the path to homeownership can be overcome. 

How to Buy a Home Guide

Buying a home is a fun and exciting time. For most Canadians it’s the single biggest financial transaction of their lifetime. As such, it’s important to do your homework and come prepared. In this guide, we’ll help you do just that by walking you through the steps of buying a home in Canada.

How to Get the Most Benefit From a Debt Consolidation Loan

It’s easy to accumulate a number of monthly obligations that make budgeting more difficult. One solution is to talk with one of the loan providers who offer debt consolidation loans and arrange to bundle those individual obligations into one easy-to-manage debt. In order to get the most from the arrangement, debtors would do well to…

student loans - smarter loans

All About Student Loans

The Learning Curve of Student Loans For as long as there are people seeking a higher education, there will be a need for student loans. Record numbers of student loans are applied for each year, since colleges and universities around the world are filled with students who want to complete their degree in the field…

Debt Consolidation Canada - Smarter Loans

Debt Consolidation Do’s and Don’ts

Learn about debt consolidation in Canada and when its best to use debt consolidation. Benefits, frequently asked questions and pros and cons. Get the answers here.

Payday Loans for Holidays

Winter holidays are expensive. Let’s assume you are reading this because you’re thinking about looking into payday loans in Canada. If this is you, count yourself among the tens of thousands of Canadians who probably need money in a pinch to cover unexpected expenses in a hurry.

Bad Credit Home Buying – It Can Be Done

If you’re feeling financial pressure from debt, be assured, you are not alone. In the last year, over 100,000 Canadians have declared personal bankruptcy and just as many, even more, will become insolvent in the year ahead.

Borrowing on Bad Credit

If you have bad credit and think you could never get a loan, well, think again.

While it’s true it may be harder, it nevertheless possible to borrow even with that bad credit rating. There are, for example, lending institutions that specialize in what are called “bad credit loans”. These, admittedly sub-prime lenders, will lend you money regardless of your less-than-perfect credit history.

How to Get a Business Loan with Bad Credit

If you are having difficulty getting a business loan, you should know that the approval rate for business loans from large banks is only around 25%, so you have plenty of company. The good news is you have other options for raising capital to keep your business healthy and thriving. If you want to get a business loan with bad credit, you may have to get somewhat creative, but it can be done, through alternative lenders, for example.

The How-to of Payday Loans

The family car breaks down. The furnace is on the fritz. Whatever the reason, you’re in need of a small dollar, short term loan. You’ve heard about payday loans but have never applied before and you’re wondering how to go about it.