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Car Financing in a Crisis

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,…

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Getting a Loan Online – The Ultimate Guide

Getting 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…

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Fast-Cash Alternatives to Payday Loans During the COVID-19 Pandemic

Fast-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…

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Undischarged Bankrupt? We Are The Only Lender in the GTA Who Will Lend To You

Undischarged Bankrupt? We Are The Only Lender in the GTA Who Will Lend To You

Are you in the middle of a bankruptcy? This is what’s known as an “undischarged bankrupt” — you’ve filed for bankruptcy but haven’t yet finished paying it off. And you haven’t been released from your legal obligation to repay debts. When you’ve declared bankruptcy, one of the…

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Bank of Canada Interest Rate Back Down to 0.25%

Bank of Canada Interest Rate Back Down to 0.25%

The Bank of Canada interest rate is back down to 0.25% — the same rate it was in July of 2017 before it began increasing. Read on for what this means for you… From March 4 to April 15, 2020, the Bank of Canada (BOC) interest rate…

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Why Keeping a Good Credit Score is Important

Why Keeping a Good Credit Score is Important

Why is keeping a good credit score important? Most people know that a higher credit score can get better interest rates on financing, but the risks of a low credit score go beyond that. A credit score indicates your ability to repay debts. It’s what most traditional…

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Bad Credit Loans in 1-2-3

Bad Credit Loans in 1-2-3

Not all bad credit loans are created equal. When you have bruised credit and are looking for a loan, it feels like your options are limited. But rest assured that you do have choices. In this blog, we’re breaking down what those choices are and how to…

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Canadian Debt Skyrockets – Are You Feeling the Pinch?

Canadian Debt Skyrockets – Are You Feeling the Pinch?

Recent news reports have indicated a troubling situation for Canadian consumer debt. For the first time ever, Canadians have more than $100 billion in credit card debt, according to TransUnion Canada. Forecasts also predict that the average Canadian’s non-mortgage debt may increase by $31,531 per person by…

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Laid Off Or Out-Of-Work Due to COVID-19? Financial Options for Staying Afloat

Laid Off Or Out-Of-Work Due to COVID-19? Financial Options for Staying Afloat

These past couple weeks have been enormously difficult for many Canadians due to the outbreak of the novel coronavirus, COVID-19, and subsequent measures to “flatten the curve.” While these undertakings are aimed to keep the public safe and reduce infection risk, there’s been an unfortunate side effect…

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Consumer Proposals, Bankruptcies, and Your Vehicle

Consumer Proposals, Bankruptcies, and Your Vehicle

Thinking about filing for a consumer proposal or bankruptcy? You might have a few questions. One of the questions we hear most frequently is “what happens to my vehicle?” Whether you’re considering filing for a consumer proposal or bankruptcy, your car could be affected. Read on for…

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