Resources

How to Rebuild Credit

A man checking his credit report using a smartphone and a laptop.

It’s no secret that many Canadians are facing significant financial challenges. If you’re struggling to repay debt and maintain good credit, you’re not alone. The economic landscape presents hurdles that make it difficult for many to maintain their financial stability.  Rebuilding your credit can take time. With patience and persistence, it is possible. Some of […]

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What Happens to Interest Rates During Recession?

Close up of man’s hands counting coin money, and making calculations

As the world braces for a possible recession following the COVID-19 pandemic, one of the main concerns for Canadians is the impact on interest rates. With interest rates being a critical factor in determining economic growth, job creation, and inflation, it’s no wonder Canadians are worried about the effects of a recession on their loans, […]

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Tips to Save Money & Pay Off Debts

A man drops money into a glass of jar for a savings account.

You may have heard the old saying, “A penny saved is a penny earned.” And while it might seem cliché, there’s a lot of wisdom in those words. Saving money and reducing debt doesn’t always require drastic measures. Often, small daily changes can have the biggest impact on our financial health. Saving money and living […]

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Advantages of No Credit Check Payday Loans

A white paper on a clipboard with "Payday Loans' worded on it.

No matter how hard we try to plan for unexpected expenses, life has a way of throwing us curveballs. It’s not uncommon to find yourself in a financial emergency at some point.  In situations like these, a payday loan can provide a much-needed lifeline to help you cover your expenses until you get paid. However, […]

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What Is an Online Payday Loan? How Does It Work?

A man in a professional suit about to click on a digital 'payday loan' button.

It’s not uncommon for individuals facing unexpected emergencies or unforeseen expenses to find themselves in a financial bind. In these situations, online payday loans can be a popular option for many seeking a quick solution to make ends meet. An online payday loan is a short-term loan you can apply for and receive online. It’s […]

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Best Ways to Save Money When Shopping

A woman putting a dollar into her white savings piggy bank.

With rising prices on necessities like groceries, pinching metaphorical pennies is at the top of many Canadian’s minds in 2023. In 2022, grocery prices saw the highest inflation rate since the 1980s, while other goods are rising due to supply chain challenges.  Though inflation rates are largely out of our control, there are still methods […]

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How to Qualify for a Line of Credit

A female banker checks the credit points of a person applying for a line of credit.

When you think of credit, what comes to mind? For many, it’s a credit card. And while credit cards are great for various reasons, there are other forms of credit you can look for. A line of credit might be a better choice for you and your financial situation. Lines of credit operate similarly to […]

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How to Prepare For a Recession

A written words Recession Warning on a green road sign over dramatic dark clouds and sky.

“Recession” is a financial term you need to know, whether you’re a business owner or managing personal funds. When you’re unprepared for a recession, it can severely change your financial plans. During the 2020 recession or Great Lockdown, many businesses filed for bankruptcy, and individuals filed consumer proposals because of overwhelming debt. About 48% of […]

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