Make Sure You Understand These Financial Terms Before Getting a Loan
For this post, we’ve teamed up with our partners at Fairstone Let’s face it, finances can be confusing. When you apply for a loan, you’ll be faced with loan terminology, and it can be intimidating if you don’t understand what the terms mean. In honour of Financial Literacy Month, our… Read More
Can I Pay Off My Loan Early?
There are certain times in life where a little financial help would be helpful. Whether it’s to purchase a car, buy a home, or cover the cost of college tuition, a loan can certainly come in handy from time to time. Of course, when you take out a loan, you’ll… Read More
How Can I Get a Lower Interest Rate on a Loan?
For this post, we’ve teamed up with our partners at Fairstone. Picture this: You want to buy a car in the next few months, but know you’ll need a loan to cover some or all of the cost. This is a good opportunity to start increasing your credit score. Why?… Read More
Can I Use a Personal Loan For Emergencies?
For this blog, we’ve teamed up with our partners at Fairstone Almost half of Canadians are $200 away from not meeting their financial obligations each month. You’re not alone if you fall into this category, but being cash strapped can make it difficult to tackle unexpected expenses. … Read More
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
Have You Made These Mistakes on a Personal Loan Application?
Applications for personal loans can be daunting, sometimes there is so much to read and interpret. For this reason, many applicants make mistakes on their application. Unfortunately, filling out an application incorrectly can result in your loan being rejected, regardless of how minuscule the error is. To better your chances… Read More
Paying Off a Consumer Proposal With a Loan
If you’re currently working your way through a consumer proposal, you might have asked yourself, “is there a way I can get through this quicker?” The great news is, the answer is yes. It’s possible to get a specialized loan to pay off your consumer proposal. This is an attractive… Read More
What is a Balloon Payment?
Balloon payments are a non-traditional form of financing that involves little to no payments at the beginning of the loan’s term followed by a substantially larger lump sum payment due at the end of the loan’s term. Typically borrowers who want to use this type of financing must have great… Read More
Vacation and Travel Loans
Life can be expensive. From the houses to the cars, to post-secondary education, certain expenses in life can be far beyond our financial reach. That’s why there are loans to help make such purchases a reality. But one such expense that you might not necessarily associate with taking out a… Read More