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.
Latest interest rate Articles
Business Loans: Interest Rates vs. Factor Rates
By Corrina Murdoch
Updated on June 28, 2024
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...
How A Blended Mortgage Can Save You Money | Blend And Extend, Blend To Term
By Caitlin Wood, BA
Updated on June 7, 2024
Are you currently considering refinancing your mortgage? Read this first and learn how a blended mortgage could save you a lot of money.
Loan Break for Canadians: Criminal Interest Rate Dropping from 47% to 35%
By Priyanka Correia, BComm
Updated on June 5, 2024
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 Do I Do if Mortgage Rates Increase While I’m Trying to Buy a House?
By Lisa Rennie
Updated on March 8, 2024
Sometimes it can take longer than expected to find that perfect house to buy. So what happens when interest rates increase when you're trying to buy a...
What Is The Trigger Rate?
By Bryan Daly
Updated on January 26, 2024
Find out what is the trigger rate is, how it can affect you and what you can do when you reach it.
The Canada Student Loan Interest Rate Has Been Eliminated
By Lisa Rennie
Updated on December 18, 2023
Find out how the Canadian government is eliminating the interest rate portion on Canada Student Loans. Find out if your loan qualifies.
Fixed-Rate vs. Variable-Rate Loans
By Bryan Daly
Updated on February 16, 2023
Do you know the difference between fixed rate vs. variable rate? Read this article to find out how your interest rate affects your loan.
Loans Canada CEO Discusses Household Debt On BNN Bloomberg
By Maidina Kadeer, BA
Updated 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 ...
The Worst Interest Rate: Commercial Collaboration With Matthew Giuffrida
By Kira Knox
Updated on December 9, 2022
Martin finds out he could have avoided a sky-high interest rate in our latest video collaboration with Matthew Giuffrida.
