The Loans Canada Blog

Dealing with Collection Agencies

Dealing with Collection Agencies

A collection agency pursues payments on debts owed by others. Both businesses and individuals can be pursued by collection agencies. Collection agencies work as subsidiaries of other companies, or as stand-alone institutions. They try to collect a portion or a full amount of the debt owed. Independent collection agencies charge… Read More


Self Employed Mortgages

Self Employed Mortgages

Everybody knows that acquiring a mortgage when you are self-employed is tough. And it’s tough for a variety of reasons: income isn’t secured, it isn’t steady and it isn’t guaranteed. Still, that’s not to say that self-employed mortgages are impossible to obtain, because that wouldn’t be accurate. You can indeed… Read More


Bad Credit Personal Loans

Bad Credit Personal Loans

At some point or another you’re probably going to need to borrow money. Whether it’s for debt consolidation, home renovations, car repairs or a new car purchase, a personal loan is always on the table. But how is your credit score, and how will it affect your loan qualification? The… Read More


Budgeting vs Debt Consolidation

Budgeting vs Debt Consolidation

So you’ve gotten yourself into a tough spot. You have a lot of debt and it’s time you took care of it. What can you do about it? Our advice is to consolidate your debt for yesterday’s mistakes, and start budgeting for tomorrow. Many options are available to you if… Read More


Applying for a Car Loan

Applying for a Car Loan

Almost everybody drives a car. It’s something that every body uses, no matter what demographic they belong to. Students drive, parents, retired individuals, everyone. However, buying a car is expensive – especially if you’re a young student. So exactly how do people find the money to buy them? Well, the… Read More


What Lenders Really Look For

What Lenders Really Look For

When you apply for a loan it’s important to understand what lenders look for in their applicants. Of course, depending on the type of loan that you are applying for the different factors that lenders look for change. The following list contains all of the different things that lenders may… Read More


Low Interest Rates Still Driving Home Sales

Low Interest Rates Still Driving Home Sales

The government has done a lot to try to drive down the housing bubble that’s said to be happening in certain parts of Canada. They introduced new mortgage rules in an attempt to deter new home buyers this year. The constant growth in house prices has increased the wealth… Read More


Second Mortgages Are Just Like Any Other Loan

Second Mortgages Are Just Like Any Other Loan

Not a lot of people are familiar with second mortgages, and rightfully so, since generally speaking people go to their banks for most of their financial requirements and banks avoid second mortgages. However, the reality is that second mortgages serve as a simple and effective way of finding an easy… Read More


Bank Loyalty Means Paying More?

Bank Loyalty Means Paying More?

CanadianMortgageTrends.com just recently released an article entitled “Be Loyal & Don’t Shop: A Recipe for Overpaying” and I have to say: they are right on the money with this one! This might appear as shocking to many shoppers, and rightfully so. Most people feel that they should… Read More



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