Credit Solutions For Canadians

Credit Solutions For Canadians

Credit is helpful for many things as it can help you achieve your life and financial goals. However, taking out debt can be a slippery slope if you’re not careful. At Loans Canada, we believe that no credit problem is too big or too small to consider and fix. Furthermore,… Read More


Does Applying For a Loan Affect Your Credit Score?

Does Applying For a Loan Affect Your Credit Score?

For this post, we’ve teamed up with our partners at Fairstone When applying for a loan, or any type of credit, it’s important to understand the impact it may have on both your credit report and credit score. Our partners at Fairstone explain when and how a loan application… Read More


How To Improve Your Credit Score: Meet Borrowell’s Credit Coach

How To Improve Your Credit Score: Meet Borrowell’s Credit Coach

Guest-written by Borrowell You probably know that having a good credit score is a vital aspect of your financial well-being.   But do you know why it is the way it is – or what you can do to improve it? Enter the new Borrowell Credit Coach:… Read More


Does Using Overdraft Protection Affect My Credit Score?

Does Using Overdraft Protection Affect My Credit Score?

At some point, everyone will experience an overdraft, regardless of whether you have overdraft protection or not. It is perfectly normal to experience cash flow problems from time to time, so long as it is a temporary issue, not an ongoing one. Given the commonness of bank overdrafts, it is… 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


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


How to Improve Your Credit Score in 2019

How to Improve Your Credit Score in 2019

If you’re like many other Canadians, you might not be too pleased or satisfied about where your credit score is at right now. If that’s the case, there’s no better time to make the necessary changes to boost your credit score than right now. Or, if you love… Read More


Is Being in the 800 Credit Score Club Really That Important?

Is Being in the 800 Credit Score Club Really That Important?

The ‘800 Credit Score Club’ is a term coined to describe those that have a credit score of 800 or higher, as the name implies. Those who regularly monitor their credit score know how difficult it is to achieve a score this high. 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


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.