Credit cards are almost a necessity in today’s society. It has become harder and harder to get through life without plastic. If you want to make purchases over the Internet, guarantee a hotel room, or perform a wide variety of other financial transactions, a credit card is essential. And, the truth is, credit cards can […]
Bankruptcy may be your quickest way of getting relief from your unbearable debt, but it is also the most damaging action to your credit ratings. Let us review the consequences of filling for a bankruptcy before your make up you decision to go for it. 1. Hard to Obtain Credit Bankruptcy restrictions apply from the
What Are The Consequences of Filing For Bankruptcy? Read More »
Why should you have the relationship with more than one bank? “Hope for the best, but plan for the worst and you will thrive even when the rain starts” Scenarios: 1. Your were applying for a mortgage and your your application is denied. 2. You have a large revolving credit facility, but the bank decides
Why you should have the relationship with more than one bank? Read More »
Fixed or variable? It’s a simple little question with enormous ramifications. On a $500,000 mortgage, each 1% interest rate increase means your ability to borrow is reduced by $50,000. And it’s looking likely that mortgage rates will rise maybe by one or two percent over the next few years, considering Canada’s lowest rates were here
Fixed or Variable? How to protect your mortgage from higher interest rates. Read More »
This article can not ultimately answer this question. Debt consolidation has indeed solved a lot of financial problems and has brought many people back right into the right track in terms of finances. However, the answer as to whether it is the best solution for your circumstances is something that you can only decide for yourself.
Is Debt Consolidation The Solution To Your Financial Problem? Read More »
There are millions of Canadians out there who have paid off heavy credit card debt, and you may be one of them. However, to get rid of credit card debt, it won’t be enough just to make minimum monthly payments. In fact, you just need to do a little more than just paying the minimum
You’ve listed your home and the agent wants to start showing it to prospective buyers. Here are few tips to help it look its best. You may have already read the importance of clearing out clutter. Well, that’s because it can’t be stressed enough. It is one of the most important aspects of making your
