The Loans Canada Blog

5 Steps to a Better Credit Score

5 Steps to a Better Credit Score

A lot of us have maxed out our credit cards, however we think it’s time to max out our credit scores instead! This guide will give you the best 5 ways to improve your credit score. 1. Pulling your Credit Score Did you know that there are 2 ways to… Read More


Mortgage Loans for Grads

Mortgage Loans for Grads

So you put in years of hard work, you got your degree, you found a great and stable job and now you’re ready to take the next big step in your life: you want to purchase a new home. How do you start? What do you need to do? How… Read More


ANNOUNCING CANADA'S ULTIMATE MORTGAGE LEARNING RESOURCE

ANNOUNCING CANADA'S ULTIMATE MORTGAGE LEARNING RESOURCE

Hello Canada! We’re very happy to announce our BRAND NEW Mortgage Learning Center! You will find information that pertains to the following topics: – Using a Mortgage Broker – Down Payment Requirements for a Mortgage – Open vs Closed Mortgages – Variable vs Fixed Mortgages… Read More


Benefits of a 2nd Mortgage

Benefits of a 2nd Mortgage

A second mortgage (a second mortgage loan on your home) is an effective way of getting a large amount of cash using available home equity. You can also leverage your home equity to get cash by obtaining a home equity line of credit or refinancing your current mortgage, but the… Read More


A Break Down of the new Mortgage Rules

A Break Down of the new Mortgage Rules

By now we’ve all heard about the new mortgage rules that came into effect recently. They aim to tighten the Canadian mortgage industry and protect its stability. These changes are believed to have a significant effect on the housing market. What exactly changed? The most notable change… Read More


New Tools Added

New Tools Added

Hello fellow readers! We are happy to announce that we have added 2 new tools to our website. 1. A very simple loan calculator 2. A Canadian mortgage calculator We hope that these tools can assist our customers in making their loan and mortgage decisions. Click here to… Read More


Requirements for a Mortgage Loan

Requirements for a Mortgage Loan

Applying for mortgage loans can be a daunting affair. A huge loan can be a burden on a person’s finances but a lender will not grant a mortgage loan unless it can be 100% sure that the borrower can pay it back with minimal hassle. For a lender, a good… Read More


Variable vs Fixed Rate Mortgages

Variable vs Fixed Rate Mortgages

There’s always been some debate between variable and fixed rate mortgages. Generally fixed rate mortgages do not have the same kind of risk as variable rate ones but they also tend to cost more than the alternative. It’s hard to decide what to do. Are you a risk taker? Do… Read More


Tips for getting out of debt

Tips for getting out of debt

Debt elimination is hard. Sometimes you’ll feel fine about it and sometimes you’ll feel like you’re trying to climb out of a hole that keeps getting deeper and deeper. Money is mostly seen as being all about numbers and math. In personal finance, money is seemingly about income, debt 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 to 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.