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Mortgage credit score required for mortgage approval in 2023

Can you afford the monthly payments and property taxes as well as any incidentals that might come up? Here’s a guide on what a lender is looking for in terms of your credit score and how to get an approval.

Tips on paying down debt in retirement

In a perfect world, we’d all retire debt free. But the majority of Canadians today are retiring with some debt. In fact, the Financial Post reports a sharp increase in the number of seniors seeking debt relief, and it’s understandable. Carrying debt can be overwhelming, especially on a reduced income. Fortunately, there are tools and resources you can use to help you get your debt situation under control, no matter what stage of life you’re in.

How to Buy a Foreclosed Home in Canada in 2023

Foreclosure may be forced on a homeowner because of criminal activity or bad living conditions. There are many circumstances that can cause someone to be removed from their property. Lenders who keep the liens to properties like this will need to do something to get some of their money back as they will be at a loss. The lender is legally allowed to sell the home, putting it up for sale.

The 30 Cheapest Places to Live in Canada for 2023

If you’re currently living in one of the areas in Canada that are inflated, you may want to consider looking for a new place. There are plenty of affordable towns and cities in Canada to get in on owning a home. There are some mortgages you may not currently be able to access because you don’t qualify. If you have the freedom to move, you may want to consider it. There are a lot of Canadians that are working remotely now. If you don’t need to live in one of the expensive cities like Vancouver or Toronto, it’s a great opportunity to explore this incredible country.

Cheapest Electric Cars in Canada for 2023

If you’re looking for an electric car that doesn’t rely on fossil fuels, there’s an option for every budget. There’s also the incentives that come with owning an electric car that reduces your overall cost. You can potentially get personal loans to help you purchase one of these cost-effective vehicles. Here is our list of the cheapest electric cars for 2023.

The 10 best real estate apps for Canadians looking for a house in 2023

The technology of real estate has made great progress, making it easier than ever to house hunt while navigating complex home equity loans applications. Here’s our list of the 10 best real estate apps available to Canadians.

The Dividend Tax Rate in Canada: What You Need to Know Now

If you live in Canada and are an investor, you can benefit from the dividend tax rate. Why is this exactly? A dividend stock in Canada will share the tax burden with the company you’re investing in. If the company performs well financially because of the money you invested, you get to keep the stock and any future dividend returns. Not only that but you pay less tax on dividend income.

Best Bank for Students in Canada

When you’re going through college, you want to save every penny you can. Having a bank account that doesn’t have huge costs attached to it is one of the perks of being a student. The bank knows that someday, you’ll be potentially looking for loans because you’re making good money. So low-cost bank accounts for students are to their benefit. Here are competitive offers that might make your life easier while you’re focused on your studies.

Highest Paying Jobs in Canada for 2023, by province breakdown

Currently, the Canadian job market is flourishing and can be lucrative if you’ve chosen a good career. In fact, most of the jobs on our list pay over $300,000 per year. Having a high-paying job gives you a lot of benefits like paying less on personal loans when you’re looking to invest some of that money you’re making. We’ve created this list so you can identify what the highest paying jobs so you can see if they’re viable for you. Bringing in as much money during your earning years will allow you to plan your future.

What is Merchant Cash Stacking & Why Should You Avoid It?

It may be tempting, but merchant cash advance stacking can put your small business at risk. In this post, we’ll explore what MCA stacking is, why MCA stacking is dangerous, albeit tempting, and alternative funding options to stacking merchant cash advances.

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