Archive for May 2020
Car Financing in a Crisis
We know, we know – with the novel coronavirus (COVID-19) ongoing, people are driving a lot less. But not everyone can stay off the roads. Essential workers such as nurses, doctors, grocery store clerks, construction workers, and more have to get to work somehow. And for most, that means taking their own vehicles. In this…
Read MoreGetting a Loan Online – The Ultimate Guide
With social distancing in place due to the ongoing COVID-19 pandemic, many things that we used to do in-person have migrated to online — including taking out loans. Today, more lenders are cropping up across the country offering online loans to Canadians who are hard hit by the coronavirus. But how can you tell if…
Read MoreFast-Cash Alternatives to Payday Loans During the COVID-19 Pandemic
The novel coronavirus (COVID-19) pandemic has brought many challenges for people around the world — both physically and financially. According to Macleans, as of April 28, Service Canada had received 7.3 million applications for the Canadian Emergency Response Benefit (CERB). Statistics Canada reported that one-in-five Canadian businesses had laid off more than 80% of their…
Read MoreJob loss and Covid-19
Covid-19 has been a challenge for most over the last 9 months. Some businesses have thrived if they are a service that is curbside capable. But many have not. CTV reported recently that 1 in 7 stores are not expected to survive the pandemic. You personally may have been effected. You may have had your…
Read MoreLiving with Covid-19 and your Finances
Covid-19 and your Finances Two types of emergencies exist that can impact your financial situation. The first type of emergency is when you suddenly have to pay a large unexpected expense (i.e. car repair). The second type of crisis is when your income is unexpectedly reduced (i.e. job loss or drop in sales if self-employed).…
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