Using Home Equity To Pay Off a Consumer Proposal

Using Home Equity To Pay Off a Consumer Proposal

Dealing with debt can be a stressful and oftentimes confusing experience especially if you’re having trouble keeping up with payments. This is where debt relief products, like a consumer proposal, can help. A consumer proposal offers relief from collection calls, never-ending interest rates, and difficult to manage payment scheduled.  But… Read More


How to Borrow Using Your Home Equity in 2020

How to Borrow Using Your Home Equity in 2020

As a homeowner starts to pay down their mortgage throughout the years, they begin building home equity. The more they pay toward their mortgage, the more home equity they gain for future use. Your equity will also rise if and when your property increases in value with the… Read More


Home Equity Loan vs. HELOC

Home Equity Loan vs. HELOC

Owning real estate is a fantastic way to grow your wealth over time, but there are also other perks of homeownership, including accessing your home’s equity when extra cash is needed to cover large expenses. Your equity represents the value of your home minus what you still owe… Read More


How to Build Home Equity in Canada

How to Build Home Equity in Canada

Are you currently in the process of mortgaging a home in Canada? If so, did you know that you are building equity as you pay off your mortgage? Home Equity: What is it and How Do I Calculate It? The concept of… Read More


Accessing Your Home Equity in 2018

Accessing Your Home Equity in 2018

Are you a currently mortgaging a home? Do you have many bills or a big expense on your hands that your income can’t cover? Dipping into your home equity might be the solution you’ve been looking for. Paying down your mortgage and therefore building up… Read More


Financing Your Home Renovation to Care for Aging Parents

Financing Your Home Renovation to Care for Aging Parents

In 2015, Canadians reached a milestone where adults over age 65 now outnumber children under 15. With seniors being over 16% of the population and continuing to increase, many Canadians are finding themselves in the middle stages of life, with children at home and parents who also need… Read More


How to Use a line of Credit

How to Use a line of Credit

Most people aren’t in debt on purpose; more often than not debt happens when an unexpected expense or financial issue pops up. We cannot predict the future and people tend to ignore the fact that they need money to fall back on when they encounter difficulties in their lives. Read More


When is Tapping into Your Home Equity a Good Choice?

When is Tapping into Your Home Equity a Good Choice?

Home equity often fluctuates in accordance with the economy, so if the economy is currently doing well then it’s safe to say that the market value of your home has the potential to rise. When this happens it can be tempting to tap into your home equity in order… Read More


How to Consolidate Your Holiday Debt

How to Consolidate Your Holiday Debt

Life is the thing that happens while you’re busy making plans. That’s how the old saying goes, and it is true when it comes to debt as well. While you were enjoying the delectable foods, amazing scents, cool parties, and that fabulous feeling that comes with giving your loved ones… 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.