The Loans Canada Blog

Who Can Freeze Your Bank Account in Canada?

Who Can Freeze Your Bank Account in Canada?

Having a frozen bank account is absolutely frustrating and nerve-wracking. Freezing bank accounts is a tool that creditors often use to get the attention of those who owe them money, particularly if other forms of communication have not worked in the past. When your bank accounts are frozen, you are… Read More


Loans Canada Expands Its Partnership Programs With New Affiliate Program Features and Loan Search Widget

Loans Canada Expands Its Partnership Programs With New Affiliate Program Features and Loan Search Widget

TORONTO, Jan. 21, 2019 /PRNewswire/ — Loans Canada, the nation’s leading loan search platform, has matched hundreds of thousands of Canadian consumers with the loan, credit and debt relief services they need. Founded in 2012 by Scott Satov, CA, CFA, Loans Canada has quickly grown to one of the largest consumer lender networks in Canada. Read More


What Should My Credit Utilization Ratio Be?

What Should My Credit Utilization Ratio Be?

Credit utilization ratios are a large component of credit score calculations and are a useful ratio for lenders to use when determining the creditworthiness of a loan applicant. Because of their importance in the world of personal finance, it is beneficial to understand what they are, how they work… Read More


How Do Secured Personal Loans Work?

How Do Secured Personal Loans Work?

Sponsored by Fairstone. For this blog, we’ve teamed up with our partners at Fairstone. Most homeowners have the option of securing their loan. The benefit? Secured loans can help you access lower interest rates and more money. Our partners at Fairstone helped us answer some frequently asked questions about secured… Read More


Mortgage Prepayment Penalty

Mortgage Prepayment Penalty

A mortgage is a hefty financial commitment to repay a large sum of money to a lender to buy a home. Considering this, the thought of paying all the money that you owe before it’s actually due might be far from your thoughts when you initially take out a mortgage. Read More


What is a Cash-Out Refinance?

What is a Cash-Out Refinance?

There are certain things in life that are very expensive and may require more cash to cover than the majority of us might have in our bank accounts. That’s why many consumers tend to take out loans to cover such expensive costs. People who own homes may also consider… Read More


Urgent Cash Loans Canada

Urgent Cash Loans Canada

Sometimes life happens, which results in events that are unfortunate and expensive. It can be challenging to be prepared for the worst at all times, especially in terms of finances. Luckily, there are cash loans available to help you in times of desperation. What is an Urgent Cash Loan? An… Read More


Refinancing a Personal Loan

Refinancing a Personal Loan

Refinancing is the process of replacing an existing loan with a new loan that has different terms and conditions. Often, the new loan has more favourable terms, which is more often than not, the reason why consumers choose to refinance their loans. In fact, refinancing can end up saving you… Read More


Canadian Business Credit Score and Report

Canadian Business Credit Score and Report

Most consumers in Canada are aware that they have a personal credit score and report. But did you know that business owners in Canada have a business credit score and report as well? If you are a business owner in Canada, it’s important for you to be aware of, and… Read More



Authors and Contributors

Loans Canada works with a series of in-house and freelance writers, journalists and authors to develop educational content that help Canadians make better financial decisions. If you're interested in contributing content to our website, please email us at marketing@loanscanada.ca.

Note:

All consultations and conversations with Loans Canada and its partners are confidential and risk-free. Speak with a trusted specialist today and see how we can help you achieve your financial goals faster.

Loans Canada and its partners will never ask you for an upfront deposit, upfront fees or upfront insurance payments on a loan. To protect yourself, read more on this topic by visiting our page on loan scams.