The Loans Canada Blog

Having Your Credit Checked For a Job in Canada

Having Your Credit Checked For a Job in Canada

You’ve definitely heard of creditors and lenders checking your credit report, but did you know that potential employers sometimes check credit reports too? Usually checking a credit report is a part of a full employment background check which includes things such as a… Read More


Minimum Credit Score Required For a Mortgage in 2019

Minimum Credit Score Required For a Mortgage in 2019

Getting approved for a mortgage these days can be a real challenge, especially with housing prices constantly on the rise. In Toronto, for instance, you’ll be paying over $820,000 for a home, which is nearly $100K more than the average price in the city the year before. Read More


Could Your Library Late Fees Be Hurting Your Credit Score?

Could Your Library Late Fees Be Hurting Your Credit Score?

Most are aware that their financial transactions and habits have an effect on their credit score, including any mistakes or setbacks. Although, did you know that your library late fees could negatively impact your credit score thereby potentially preventing you from getting approved for… Read More


What is a Credit Bureau?

What is a Credit Bureau?

Many of your financial decisions directly impact your credit rating. The credit bureaus are the organizations that collect all this pertinent information from lenders, banks, credit card companies, and even courthouses. Basically, any relevant credit info will be recorded at the credit bureaus. Need help understanding… Read More


How to Negotiate The Best Mortgage Contract In 2019

How to Negotiate The Best Mortgage Contract In 2019

Most Canadians who become homeowners typically need to take out a mortgage to help finance such a massive purchase. And as you may already be aware of, a lower rate on your mortgage is ideally what you want (or is it? learn more here… Read More


What it Means to Have a Credit Score of 780

What it Means to Have a Credit Score of 780

Your credit score matters a great deal when it comes to accessing various financial products. From something as big as getting a mortgage for a home purchase to something as small as getting a cell phone contract, your credit score plays a crucial role. That’s… Read More


Don’t Fall For These Common Debt Consolidation Myths

Don’t Fall For These Common Debt Consolidation Myths

Sponsored by Fairstone For this blog, we’ve teamed up with our partners at Fairstone. There are quite a few myths associated with debt consolidation, many of which aren’t true. We asked our partners at Fairstone to share the most common misconceptions they hear about debt… Read More


How to Conquer Your High-Interest Consumer Debt in 2019

How to Conquer Your High-Interest Consumer Debt in 2019

Getting into debt can happen to anyone, life happens and sometimes things get out of control due to extenuating circumstances. Regardless of how you got into debt, with a little work and changes to your spending habits, it’s possible for, or anyone, to become debt free. What is… Read More


Loan-To-Value (LTV) Ratio

Loan-To-Value (LTV) Ratio

When you apply for a mortgage or another type of loan, the lender will want to assess a number of important factors before determining whether or not to approve your loan application. One of these factors is your loan-to-value ratio (LTV). 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.