Credit check failed reasons: Introduction Below is our list of 5 stupid credit check failed reasons stopping you from getting that loan you can repay. You likely recognize that not paying your credit card on schedule or missing out on a settlement could harm your credit score. That is probably the most common credit check […]
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Bankruptcy blog Canada: Introduction Our bankruptcy blog Canada is designed to answer questions that you have about a bankruptcy or financial debt question. Bankruptcy blog Canada: Our often asked questions we try to answer in our Brandon’s Blog Contact a Licensed Insolvency Trustee in your place currently with your inquiry, and receive an individualized answer. […]
How to improve credit score: The Financial Consumer Agency of Canada alert The Financial Consumer Agency of Canada (FCAC) is alerting people who could no longer stay current with their debt payments to be mindful when looking how to improve credit score. Some businesses are misleading consumers by guaranteeing quick and easy solutions to help […]
Will Canadian housing bubble burst? Introduction I have read recently several articles on will Canadian housing bubble burst? I was curious about all the so-called experts calling for a real estate market crash in Toronto. What piqued my curiosity was I vaguely remembered having written a couple of blogs on the subject a while ago […]
Top scams in Canada: March is fraud prevention month March is Fraud Prevention Month so we thought this would be a great time to bring you some of the top scams in Canada. These are the most popular and enduring scams we want to bring to your attention. Top scams in Canada: Our Canadian Scam […]
Bundled subprime loans: Introduction Bundled subprime loans. To bundle, or not to bundle; that is the question. Bundled mortgage loans have become a hot topic these days because they are a tactic used by sub-prime mortgage providers to “beat the system”. Bundled subprime loans: How are mortgage lenders regulated in Canada? Regulated lenders in Canada […]
Average Canadian Debt: Introduction The average Canadian debt will never be repaid if you only make the minimum monthly payments. Making simply the minimal payment on your charge cards and car loans is leading a lot more borrowers right into trouble, says a brand-new study. Average Canadian Debt: February 2017 released TransUnion study Chicago-based TransUnion […]
Planning for retirement Canada: Introduction Planning for retirement Canada appears to be a very troubling matter. As we’ve discussed before, many Canadians will have to alter their views about retirement as they face the prospects of outliving their money. Some will have to put off retirement indefinitely; others will have to continue to work part-time. […]
Canadian household debt news: Canadians hunger for more borrowing The Canadian household debt news is that the hunger for borrowing from our Canadian financial institutions stayed vibrant. It established a new high for Canadians’ borrowing, Statistics Canada reported in December 2016. The widely followed measure of Canadian household debt service ratio rose to a new […]
Cashing in RRSPs before retirement: Introduction Cashing in RRSPs before retirement is never a good idea. It seems that as life gets more and more expensive, fewer Canadians are saving for their retirement. A recent BMO survey reports that only 46% of Canadians are planning to contribute to RRSPs this year. What is most alarming […]
