The day your pay cheque arrives may present highly anticipated opportunities to splurge on an extra nice meal or to go out to the movies, but it also presents the need to practise restraint and exercise some self-discipline. Not all of us have heaps of...
If you currently have a car loan, you may want to consider refinancing to improve loan terms, and lessen your financial burden. Refinancing a car loan involves obtaining a new loan to pay off the balance of your current car loan. People refinance to score...
Personal loans are beneficial for numerous reasons. They’re designed to provide you with the money you need quickly, along with the opportunity to pay it off on a short-term basis. This means that the sooner you pay back your loan, the less you pay in...
For many, a debt consolidation loan seems like a solution for other people with more financial know-how. This is an unfortunate misconception. The reality is, debt consolidation is a practical and effective means to regain control of your finances. If you’re struggling with overdue bills, credit...
Getting a home loan is never a sure thing. There are many reasons lenders may decline your mortgage applications. It is important to understand these reasons so you know what to watch out for when you apply for a home loan. We’ve listed the most...
Looking to buy your first house or invest in a new property? Do you know that you can get a mortgage from either a bank or a non-bank lender? It pays to understand the differences between these two types of lenders before you commit to...
Renovations can be daunting projects. With so many tiny details to worry about, it can be easy to forget that financing is one of the first issues that needs to be solved in any renovation project. So, what’s the best way to pay for a renovation...
Everybody can request their credit report for free, but can everybody understand it? Your credit report contains a wealth of information about you and your finances. Altogether, it can be a lot to process. Fortunately, it doesn’t have to be. Although credit reports can be a...
The rates and terms of a mortgage loan could be heavily influenced by your credit score; a single number between 0 to 1000, indicating how creditworthy you are (how likely you’ll be able to repay your loan). For high-value assets such as a house, it’s...
Buying your first home is exciting and a bit daunting. Your aim is to purchase a dream home at a price you can afford, but unfortunately, many first home buyers do things that prevent them from achieving that goal. Here are the 5 most common...