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What Is Bad Credit and How Can I Fix It?
Posted December 28, 2016
Bad credit scores can be a bane in your life. It is something that will come back and haunt you if you plan on applying for loans in the future. A lot of people do not even know if their credit score is good or bad until it is too late.  You need to know...
How Will Interest Rate Hikes in Canada Affect Borrowers?
Posted December 28, 2016
With the US Federal Reserve hiking its key interest rate for the first time in almost ten years, all eyes are on the Bank of Canada. However, analysts believe that the BoC is set to keep its interest rate at 0.5%, the same level it has been since July 2015. A rate hike is not...
5 Financial Fixes to Make Before the New Year
Posted December 27, 2016
Being financially sound is something that many people attempt to achieve.  It’s the first step to their journey to financial freedom.  Being financially sound basically means that you are financially healthy.  You have a good grip on your cash flow and you are able to manage your money wisely.  You have a steady cash inflow...
Removing Your Name As A Co-Signer For A Loan
Posted December 27, 2016
While it may have seemed like a good idea at the time, you may now be regretting your decision to co-sign that loan for your family member or friend. After all, he may not be trustworthy and you may end up paying at least part of the loan. Being a co-signer is risky since you...
Can a Bad Credit Score Hurt Your Chances of Getting a Job?
Posted December 26, 2016
Job hunters who have bad credit scores are often worried about whether or not it would affect their chances of getting hired sooner rather than later.  Many have already been written about people with bad credit scores not being hired because they are not considered to be financially responsible.  This, however, is not true all...
Is Cancelling a Credit Card Bad for Your Credit Score?
Posted December 25, 2016
You will have the urge to cancel a credit card after you paid all the balance you had on that account. This is a very admirable gesture towards the noble cause of responsible spending. You are one step towards better credit score if you cancel this credit card. Or not? Cancelling a credit card may...
Don’t Greet the New Year Awash With Debt
Posted December 24, 2016
While the Christmas holidays are a time to celebrate and be with family, many people often end up greeting the New Year in a less than joyous mood mainly due to the staggering amount of debt that they have to pay off. The pressure to be ‘generous’ during the season makes it all too easy...
Rewards Credit Cards Can Put You Deeper In Debt
Posted December 24, 2016
Credit card issuers are using rewards programs as an incentive to get people to apply for their cards. On the surface, rewards cards seem like a good deal. After all, if you are going to use credit cards anyway, why not get something extra in return? You can get redeemable points, cash backs, or even...
A Guide to Choosing the Right Lender
Posted December 23, 2016
It goes without saying that you have to work with a trustworthy lender if you are going to take out a loan. Availing of a loan from the wrong lender can get you into serious financial trouble and you may end up paying thousands of dollars more in excess charges. The first step is to...