Is Paying a Credit Card Annual Fee Worth It?

Is Paying a Credit Card Annual Fee Worth It?

If you’re looking to pay off your regular expenses and strengthen your credit in the process, consistent use of one or more credit cards is a great way of doing it, as long as you can handle whatever monthly bills come your way. Furthermore, most credit card companies offer different… Read More


The Top Secured Credit Cards in Canada

The Top Secured Credit Cards in Canada

Credit cards are one of the most frequently used financial products in Canada. You might be wondering, what sets a secured credit card apart from a regular credit card? The main difference is that a cash deposit is required to secure the credit card, as the name implies. Furthermore, secured… Read More


Current Balance vs. Statement Balance: Everything You Need to Know

Current Balance vs. Statement Balance: Everything You Need to Know

If you’re an avid credit card user, you may have noticed that your statement balance often differs from your current balance. This can cause some confusion, especially when it comes time to pay off your credit card’s balance. Part of managing your credit card involves understanding the difference between a… Read More


Should I Use My Credit Card For Emergencies?

Should I Use My Credit Card For Emergencies?

For this post, we’ve teamed up with our partners at Fairstone. Short answer? It depends. Emergencies happen to all of us (and always at the worst time). Is using a credit card for emergency expenses the right choice? That’s up to you. Our partners at… Read More


Balance Transfer or Personal Loan?

Balance Transfer or Personal Loan?

If you have debt, you’re likely trying to figure out the easiest way to pay it down. After all, it’s not something you want looming over you forever. Fortunately, there are options out there to help you eliminate your debt, such as balance transfers and personal loans. Choosing… Read More


Can I Hide My Credit Card Purchases?

Can I Hide My Credit Card Purchases?

Credit cards are great financial tools if you use them properly. They make it convenient to shop without cash and give you the chance to collect points that can then be used to purchase specific types of products that you use all the time. But… Read More


A Line of Credit vs. a Credit Card

A Line of Credit vs. a Credit Card

Having access to credit can prove to be extremely helpful at certain points in life especially when your bank account isn’t quite adequate enough to handle life’s big expenses. Credit can also be convenient when you want to have a financial cushion to back you up if you… Read More


Can I Use My Credit Card To Improve My Credit Score?

Can I Use My Credit Card To Improve My Credit Score?

If your credit score could use some improvement, you’re not alone. Thousands of Canadians across the country have bad credit, which is preventing them from getting approved for loans, apartments, and even cell phone contracts. With bad… Read More


Secured Credit Card vs. Prepaid Credit Card

Secured Credit Card vs. Prepaid Credit Card

Credit cards are a popular staple in many consumers’ wallets. They make it easy and convenient to make purchases without having to walk around with wads of cash and many even allow cardholders to collect points and rewards for every dollar spent. You can even order items online… Read More


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.