A Team of Experts
Get expert tips and guidance from a community of renown personal finance experts right here at Loans Canada. We're here to help you stay informed so you can make the best financial decisions.
How Will The Bank Of Canada’s Interest Rate Hike Affect You?
By Maidina Kadeer, BA
Published on June 8, 2023
The interest rates set by the Bank of Canada, also known as the ‘bank rate’, is a key factor in determining the cost of borrowing money.
The Canada Student Loan Interest Rate Has Been Eliminated
By Lisa Rennie
Published on May 9, 2023
Find out how the Canadian government is eliminating the interest rate portion on Canada Student Loans. Find out if your loan qualifies.
Loan Break for Canadians: Criminal Interest Rate Dropping from 47% to 35%
By Priyanka Correia, BComm
Published on April 11, 2023
Did you know the criminal interest rate is dropping from 47% to 35% APR ? Find out how it will affect your ability to qualify for loans.
What Is The Trigger Rate?
By Bryan Daly
Published on January 3, 2023
Find out what is the trigger rate is, how it can affect you and what you can do when you reach it.
Loans Canada CEO Discusses Household Debt On BNN Bloomberg
By Maidina Kadeer, BA
Published on December 13, 2022
Scott Satov examines how the Bank of Canada's 7th consecutive raise of its overnight rate coupled with inflation has affected Canadian household debt ...
Best Personal Loan Interest Rates In Canada
By Bryan Daly
Published on August 22, 2022
Looking for a personal loan with a low interest rate? Find out where you can get the best personal loan interest rates in Canada.
What Is A Good Interest Rate On Car Loan?
By Bryan Daly
Published on August 2, 2022
Learn what's considered a good car loan interest rate in Canada and how you can secure a good interest rate on a car loan.
How To Lower Your Car Loan Interest Rate
By Lisa Rennie
Published on July 8, 2022
The interest rate your lender charges you on your car loan has the biggest impact on your total loan cost. Find out how to secure the lowest rate poss...
Business Loans: Interest Rates vs. Factor Rates
By Corrina Murdoch
Published on November 11, 2021
Have you ever taken out a merchant cash advance and wondered what is a factor rate? And more importantly, how much a factor rate translates as an inte...
The Worst Interest Rate: Commercial Collaboration With Matthew Giuffrida
By Kira Knox
Published on October 19, 2021
Martin finds out he could have avoided a sky-high interest rate in our latest video collaboration with Matthew Giuffrida.
What Is The Average Car Loan Interest Rate in Canada?
By Chrissy Kapralos
Published on November 23, 2020
Interest rates have a strong effect on the total amount of money you pay for your car loan. Check out the car loan rates available in Canada.
How To Avoid A High-Interest Loan
By Marble
Published on August 24, 2020
When it comes to borrowing the money you need, avoiding high-interest rates can seem like a difficult task, but it doesn't need to be.
