Loans and Borrowing

Do you know what a rise in interest rates could mean for you? Learn about the interest rate patterns in Canada, how a rise affects your finances, and what you can do to move forward confidently.

What is the point of making extra loan payments? Here we explain how making more payments can save your money and help you pay off your debts much earlier.

Do you ever wonder if the debt you have accrued is more than you can handle? Or what is considered a ‘normal' debt-to-income ratio of someone in your financial situation? Find out more in this post.

Does my credit profile expose me to risks when applying for loans? Use this guide to help you understand what your borrower risk profile is, and how to navigate your lending options.

Predatory loans are the causative agent of 40% of filings for bankruptcy or consumer proposals in Canada. Read along for Doug Hoyes’ tips on how to spot this form of lending and how to protect yourself.

Are you trying to quickly pay off some credit card debts or old bills with a cash loan? Here is our expert opinion on why these credit instalment loans might not be such a good idea.

Companies can be very creative with scamming individuals looking for loan, especially those with poor credit. Learn about advance fee loans and how to identify, avoid, and report loan scams.

Has your bank sent you a pre-approved credit limit increase and you’re not sure if you should accept it? Find out what the pros and cons of an increase are, and what decision is right for you.

Did you know there are several ratios you can use to measure your personal debt risk? Find out how to calculate these ratios and what you can do to apply the knowledge to your financial decisions.