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Comparing Credit Score Averages in Canada and the United States

Maintaining a healthy, if not perfect, credit score should be a top financial priority. What are the average credit scores for people in Canada and the United States? Are there differences in how scores are calculated in these countries?

Solutions for Millennials With Personal Finance Problems

Today’s millennials need solutions for personal finance problems for the fast-paced technological world in which they live. Compared to people their age 80 years ago, millennials deal with far more student loan debt, retirement savings concerns, child care costs, and other personal finance matters.

Canadian SMB priorities are changing alongside evolving alternative lending ecosystem

As the competitive landscape evolved, however, some of the original players went out of business, new ones arrived from the United States and elsewhere, and rates have lowered and grown more consistent between competitors. As a result, the Victoria B.C.-based small business lender Company Capital found that Canadian small businesses now have different priorities.

Personal Loans

How To Increase Your Personal Loan Eligibility?

A personal loan is a flexible loan that enables you to receive a lump sum that you can spend towards whatever purpose you deem fit. Personal loans can be used for a diverse range of needs, such as debt consolidation or refinancing, big events like weddings, hospital and medical expenses, property purchases, and basically any...
Auto Financing

What Is A Cost-Effective Car Finance Rate?

If you’re thinking about financing a car, then it’s important you consider the other fees and expenses associated with the purchase. Lenders won’t simply hand over a lump sum to cover the cost of the car for you without making a profit along the way. That’s why they apply an interest rate with auto financing…

A Small Business Loan

How To Receive A Government Loan For A Small Business?

Over the past 10 years, the Government of Canada has made it possible for over 63,000 borrowers to receive a sum amount of $9.5 billion in asset-based financing. So, there’s no really wondering why the economy in Canada is currently powered by SME’s.   If you’re running a small business, there are a few reasons…

Vehicle Financing

Multiple Vehicle Financing Options

For as necessary as cars are for day to day life, they can be exceedingly expensive. Even low end models can be hefty on the pocket, making them difficult to afford. For that reason, buyers have looked to alternative ways to buy cars. In recent years, vehicle financing has become particularly popular, enabling Canadians to…

Tips on How to Improve Your Credit Score – Part 1

Perhaps the most important variable which impacts your score is your payment history. In fact, according to many, your payment history comprises 35% of your total credit score and is considered to be the most fundamental factor when it comes to calculating your credit score.

Car Loan Application With Bad Credit

How To Get A Car Loan With A Credit Score of 600?

Vehicle loans for cars, motorcycles, trucks, tractors, and other automobiles are among the most common types of loans people seek out. It’s almost impossible to live in the modern world without a vehicle, and cars can be needed for both personal and professional reasons, getting us from point A to point B each and every…

Installment Loans Alternatives

What Are Alternatives To Installment Loans?

Essentially, an installment loan involves the repayment of the amount you have borrowed (plus any interest that accumulates over time) in a series of ‘installments’, i.e. regular payments of a set amount on a set schedule.   Uses for installment loans include:   Vehicle loans to buy a car, truck, motorcycle, or other vehicle Mortgages…