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Payday Loan Sharks? Former Employees Says Yes!
Payday loans are nasty business. For many customers, the ability to enter an establishment, receive a loan without a credit check, and be out quickly, can be very tempting, especially for those with emergencies. But this temptation comes at a steep price – so steep in fact that various provinces are attempting to make moves…
Read MoreUsed Car Financing in Toronto – What You Need to Know
It is common knowledge that a car depreciates in value as soon as it is driven off the lot. It is thanks to this that used car buying remains a popular option for those looking to trade up when their vehicle is due for an upgrade. Used car financing represents a valuable resource for those…
Read MoreIf I File a Bankruptcy, Will I Lose my Home?
Canadian consumer debt has climbed in the past decade, and as a result, thousands of Canadians are realizing that bankruptcy is a very valuable resource with regard to paying off debt. That being said, many are still concerned when it comes to their assets and wonder ‘if I file a bankruptcy, will I lose my…
Read MoreGood Debt vs Bad Debt
We all have debts each and every month. But there are debts that work towards a healthy financial future, and debts that hold you back and erode your credit rating. Let’s explore good debt vs bad debt. Bad Debt. This would be something like a credit card balance that keeps rolling over month after month.…
Read MoreSpotlight: How to Get Approved for a Loan with Bad Credit
When lenders assess risk, they do so based on a number of factors, and your credit score and past credit behaviour are very important. When your credit rating is high, your score in the 700s, the last thing on your mind when applying for a loan is whether or not you’ll be approved. However, when…
Read MoreIs a Consumer Proposal a Debt Consolidation?
When you’re struggling to meet your regular monthly debt requirements, your stress levels can go through the roof and you may just hear those advertisements for debt consolidations and assume that this is your best option for debt relief. Many debt companies and even trustees in bankruptcy target the words debt consolidation and even tout…
Read MoreHow to Use Your Home to Finance Your Debt – Home Equity Financing
When you are struggling to make the minimum payments on your credit cards or personal loans, but own your own home, you are sitting on an unused debt solution that can save you both stress and money. Using your home to finance your debt is likely the most affordable way that you can consolidate and…
Read MoreCredit Focus: Consolidating Payday Loans
Oh Payday loans – why do people do it to themselves? Sometimes it is the convenience, but more often it is because a payday loan is a no-questions-asked type of loan – all you need to do is prove that you work and have a chequing account and boom you’re approved – no credit report,…
Read MoreTips on How to Settle a Debt in Collections
If you are stressed over bills and fielding collections calls as a result of an overdue debt, know that you are not alone – hundreds of Canadians face this reality every day. How you settle a collection debt depends on the type of debt that you owe. This blog deals with how to settle a…
Read MoreSummer Fun on a Budget: Free Things to do in Toronto this Summer
Summer is finally here. We’ve spent months cooped up inside and now it is time to break free. However, that can often mean more money spent trying to enjoy all that Toronto has to offer. To help we’ve compiled a list of great free things to do in Toronto this summer. Get out there and…
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