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Equity Lending Changes the Borrowing Game – We Have All the Details

Equity Lending Changes the Borrowing Game – We Have All the Details

Equity lending is changing the borrowing game — and for a good reason! It’s a non-judgmental form of lending that depends on security, not your past. While other lenders require a good credit score, provable income, a strong loan-to-value (LTV) ratio, and more, equity...
City of Toronto No Longer Issuing Payday Lender Licenses – What This Means for Same-Day Loans

City of Toronto No Longer Issuing Payday Lender Licenses – What This Means for Same-Day Loans

The City of Toronto is no longer handing out licenses to payday lenders. In October of 2019, the City of Toronto council voted unanimously to stop issuing licenses to payday loan outlets. Councillors said the payday lenders are “predatory” toward low-income residents....
How Debt Affects Mental Health

How Debt Affects Mental Health

It’s Bell Let’s Talk Day – a day that creates awareness around mental health initiatives. This topic is so important, particularly when it comes to finances, as money problems and mental health are often interconnected. Debt frequently triggers stress, which can...
The Best Approach to Payday Loans – Consolidate and Never Look Back!

The Best Approach to Payday Loans – Consolidate and Never Look Back!

Q: What’s the best approach to payday loans? A: Consolidate them and never look back! Payday loans often seem like a good idea at first. If you need cash fast, they meet that immediate need. But the long-term consequences are not nearly as effective… When you go to a...
Rebuilding Credit: Make Your 2020 Resolution a Better Credit Rating

Rebuilding Credit: Make Your 2020 Resolution a Better Credit Rating

The New Year is upon us – do you know what your New Year’s Resolution is yet? Whether you have an idea or not, we’d like to make a suggestion: how about rebuilding credit as your resolution? Many times people resolve to balance their budget, pay down credit cards, or...