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Canadian Interest Rate Staying the Same for the Summer
Why It’s the Perfect Season for Debt Consolidation The Canadian interest rate isn’t going up this summer. On July 10, 2019, the Bank of Canada (BOC) announced that the Canadian interest rate will remain unchanged this month, staying at 1.75%. As this is the last BOC announcement until September 4, 2019, this means Canadian consumers…
Read MoreSteps to Getting a Car Loan When You Have Bad Credit
Car loan financing can get expensive quickly even when you have good credit — and even more so when you have bruised or bad credit. Luckily, there are steps you can take to find an affordable car loan with bad credit. The key is being prepared. Step 1: Secure Your Financing This may seem counter-intuitive,…
Read MoreFREE Toronto Canada Day Events for the Whole Family!
1.East York Canada Day Parade & Festival 2019 Beginning with a parade, this day of family fun includes rides, artisans, food, live music, demonstrations by IMPACT Skate Club, and more. Location: Stan Wadlow Park, 373 Cedarvale Avenue, East York More information: https://www.todocanada.ca/city/toronto/event/east-york-canada-day-celebrations/ 2.Q107 Canada Day Picnic Head to Woodbine Park for the annual Canada Day…
Read MoreCredit Repair 101 – How the Credit You Choose Impacts Rebuilding Your Credit
Your credit score is affected by many things, but did you know that the type of credit you choose actually plays a factor? Many people approach credit repair by choosing a credit product and paying that credit off on time and in full. While this is a good approach in theory, in practice the actual…
Read MoreWhen Does a Second Mortgage Make Sense?
Is a second mortgage the right choice for you? If you’ve been wondering the answer, here’s how to tell. First off, let’s define what a second mortgage is. When you first buy your home, you take out a purchase loan – your first mortgage. This is typically secured by a lien on your home. A…
Read MoreNeed Fast Cash? Get a Loan in Minutes with Prudent Financial
Need fast cash? Don’t make a hasty decision that gets you into trouble! Instead, choose a lender who prioritizes your time and your finances – like Prudent Financial. Here at Prudent we offer loans in minutes with interest rates and repayment terms that work with your budget. These loans are available even to those with…
Read MoreBank of Canada Interest Rate Staying at 1.75% for May 2019
Bank of Canada Interest Rate Staying at 1.75% for May 2019 The Bank of Canada interest rate is staying the same for another month. On May 29, 2019, the Bank of Canada (BOC) announced that it is keeping the Canadian interest rate at 1.75% — the same amount it has been since October of 2018.…
Read MorePayday Loans are Not the Right Answer for Quick Cash
You’re in a tight spot and you need money – fast. You see a commercial or drive by a sign that seems to have the answer to your dilemma: a payday loan. Stop! Payday loans may be quick cash, but they are not the best answer, no matter how badly you need the money. Let’s…
Read MoreTips for Making a Financially Savvy Vehicle Purchase
When it’s time to make a new vehicle purchase, there’s a lot to consider. But the number one thing you should be thinking about is your finances. To paraphrase Suze Orman, when it comes to buying a car, plenty of people aren’t making the smartest choices. Buying a new vehicle can be a drain on…
Read MoreBank of Canada Slowing Down Interest Rate Increases: What This Means for You
The Bank of Canada (BOC) announced on April 24, 2019 that they would not be increasing the interest rate this month. And further to that, they may not be increasing the interest rate again for the remainder of 2019. The last time the interest rate increased was in October of 2018, when it rose to…
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