Digital financial inclusion can be a Canada-wide reality with MyMarble
MyMarble aims to help people take control of their budgeting, spending, and credit score to achieve financial prosperity. It aims to help them gain financial literacy skills and feel empowered to manage their personal finances.
Eastern Loans Gives Canadians Quick and Easy Access to Instalment Loans 7-days a Week
Today, Eastern Loans offers personal loans of between $500 and $1,000 to Canadians based anywhere other than Quebec and Saskatchewan, with competitive rates that differ between provinces.
Is it time to consolidate debt?
If you’re wondering what debt consolidation is and if it’s right for you, our partners at Fairstone shared several scenarios where debt consolidation is worth looking into.
Moves Financial Offers Financial Services Tailor Made For Gig Economy Workers
Moves Financial, which was founded by a group of blockchain developers and emerging technology researchers, was getting ready to offer gig economy workers easy access to financial products later this year. They knew that such services were especially valuable to those with inconsistent incomes, as they are often denied access to traditional financial products.
The 7-Step Starters Guide on How to Invest in Stocks
Listen, we get that investing can seem like not only a weird thing but also seem super intimidating too. For many, it seems like something Canadians do or that older (i.e. rich) people can afford to do. Truth is, that’s just not the case! There’s a reason why people are still investing in stocks, it...
Canadian Bank Institution Numbers
Across the globe, banks have specific and unique designations – names, numbers, monikers that precisely identify the institution and its place within the financial industry. This is the case in Canada where bank institution numbers work to distinguish banks from one another. Here is a listing of institution numbers (in easy-to-find alphabetical order) for the ten largest Canadian banks.
Buying a Home With Bad Credit: Tales of Success
If a home loan is not approved on the first try, it pays to apply with another creditor that will be open to saying yes. There are countless lenders that offer mortgages specifically for buyers with bruised credit or other financial situations. All borrowers should know their credit score in advance so they have an idea of their chances for approval.
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!
GoDay Offers Speedy Online Payday Loans For Canadians In a Hurry
The Toronto-based payday lender, which has been offering Canadians speedy loans since 2012, has built a reputation for providing safe and reliable loans in a hurry.
Wealthsimple: How I am using this robo advisor to invest for long-term
If you’re just starting with your investments, Wealthsimple guides you through the entire process. Similarly, if you are an experienced investor, Wealthsimple gives you multiple diversification options, along with the ability to set custom portfolios. If you need to contact support or require specific services, just reach out to their financial planners at the tap of a button.
What is the Prime Rate?
The cost of credit is not exactly free, yet borrowers do save tons of money with prime interest rate loans. We’ve researched predictors of changes in prime rates and share that information to help you make sound financial decisions that will cost you the least money.
Canada Child Benefit Loan Applications
CCB assistance is received in the form of a monthly tax-free payment to parents of minor children. Because the benefit is paid on a regular basis (monthly), it is considered qualified income which can be used in an application for a personal loan. In fact, due to popular demand, there is an abundance of loan products exclusively geared to child tax benefit recipients.
How ConsumerCapital Offers Services Well Beyond Its Years
ConsumerCapital may be relatively new in the Canadian alternative lending ecosystem, but the company is already focused on establishing long-lasting relationships with its customers.
Lending Mate Helps Canadians Get a Loan With a Little Help From their Friends
Rather than considering the credit rating of the borrower, Lending Mate provides guarantor loans, which only requires the borrower to have a qualified friend or relative vouch for their ability to pay it back.
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.
Ferratum’s Finnish formula for success in Canada: winning business mantra, pioneering technology, and the Jorma Principle
Ferratum made its first footprint in Canada in 2015. In three short years, they have served more than 20,000 Canadian clients in Ontario, Alberta, and British Columbia — and they’re showing no signs of slowing down.
SkyCap Financial Wants to Help Clients Get Back to Borrowing from the Bank
While some short-term lenders seek to keep their customers on a cycle of payday loans with high interest rates, the Kingston-Ontario based alternative lender strives to get its customers back to borrowing at lower rates from the banks. “The goal for us is to help that client to not have to borrow with us,” said SkyCap Financial president Jeremy Wilson. “We want the client to get back to being able to borrow with a bank.”
Installment Loans on the Rise as Payday Loan Rules Tighten
In early May, Toronto was the latest of a host of municipalities to crack down on payday lenders. They imposed bylaws to restrict business activities by limiting the number of physical locations and requiring operators to be licensed. Meanwhile, the Ontario government had already decreased the cost of a payday loan from $21 to $15 this year.
Making the Holidays Magical
The holiday season creates pressure to spend—but many people find themselves short of cash. Either way, the children still need their prezzies and people still want to make the holidays a special time for their families. With flexible short term loans, Magical Credit gives Canadians a better financial option to get through the spending-heavy holiday season.
Cashco Financial Offers Canadians a Better Alternative to Payday Loans
Cashco now offers customers installment or “flex” loans from $500 to $7,000 for a term of up to 60 months to help them make ends meet without having to turn to a payday loan provider.
Magical Credit’s New Product Helps High Risk Borrowers Build Back Their Credit
Magical Credit, the short term lender known for helping its customers get out of the payday loan cycle through manageable low monthly payments, has added a new product to its offering for those farthest in the deep-end.
Borrowell is Commited to Helping Canadians Improve Their Credit Health
Borrowell is a fintech startup based in Toronto that uses technology to make financial services fast, fair and friendly. Along with offering Canadians access to their credit scores for free, Borrowell believes Canadians deserve more choice and more transparency when it comes to their personal finances.
Peer-to-Peer Lending Has Finally Arrived in Canada
After providing small businesses with impossibly low lending rates while bringing high returns to everyday investors in places like China, the United States and the UK, peer-to-peer lending has finally made its way to Canada.
Installment Loans Explained by Magical Credit
More and more Canadians are turning to installment loans as high-interest payday loans continue to build a bad rap in the alternative financing world. In this feature, Magical Credit explains installment loans, a better alternative to the familiar payday loan.
How to Repair Bad Credit
How to Repair Bad Credit If you’ve received more credit rejection letters than you care to think about, don’t despair. Tons of information on how to repair bad credit is at your fingertips. You can start now by using the tools that millions of other people utilize and turn your credit rating around too. All…