If you’re a little short on cash and you can’t wait until your next paycheck, a payday loan may be just the thing to help get you out of a pinch. But how does a payday loan affect you long-term? A question we get a lot is how a loan can affect your credit. If […]
10 Financial Lessons & Skills I Wish I Learned Earlier
Understanding your personal finances can be overwhelming. Many people don’t know where to start, which can be discouraging. This can keep people from learning about their finances until they are forced to. But learning about your personal finances doesn’t have to be scary! With a bit of planning, a good strategy, and a basic understanding […]
Financial Terms You Need to Know: Net Pay, DSR, Cash Flow, & More
Getting a handle on your own finances seems daunting, especially when the industry’s jargon is unfamiliar. (That’s why you leave it to the pros, right?) But having a basic understanding of some common financial terms can help you navigate your finances a little better and save you some time to focus on investing or nurturing […]
Types of Loans for Small Businesses
As the owner of a small business, we know how difficult it can be to manage your cash flow situation. Often the banks won’t touch small businesses. We can help fund your small business from $1,000 to $100,000 depending on your security and collateral. If you have filed your taxes, have incorporated, have a business […]
Payday Loans vs Lines of Credit: Which is Better?
When expenses arise, you might be among the many Canadians who find themselves in need of a loan. Maybe you’ve run into an unexpected expenditure like a car repair, a broken refrigerator, or a chipped tooth. Perhaps you’re planning a home renovation, want to go back to school, or are looking to vacation as travel […]
I Accidentally Got too Much CERB: What Now?
The Canada Emergency Response Benefit (CERB) has been closed for several months now, but some may still be dealing with the complications. If you’ve received unintended CERB payments, a financial advisor can help you determine your best options, and provide needed support if you’re having difficulties managing repayment. Learn more about what to do if […]
The Best Ways to Get a Payday Advance
More than 50% of Canadians live paycheque to paycheque. When unexpected expenses arise, there’s often nowhere to turn. Whether you have a flat tire, a refrigerator that suddenly needs repair, or you’ve just stepped on your glasses, any number of items that weren’t in your budget can cause financial hardship. Sometimes, you just need a […]
The Best Ways to Borrow Money During the Pandemic
Living through a global pandemic puts extra financial strain on practically everyone (unless you’re a billionaire, in which case you probably aren’t reading this article). For those of us who don’t own global business empires and keep vast sums of personal wealth in multiple offshore accounts, the COVID-19 pandemic has been a time to budget, […]
What Happens If You Can’t Repay Your CERB Payments?
By early October of this year, the Canada Emergency Response Benefit (CERB) program had provided over 81.6 billion dollars to more than 8.9 million unique applicants. That money helped Canadians across numerous walks of life make ends meet during one of the most worrying and uncertain years on record, but it didn’t come without certain […]
What is an Unsecured Line of Credit & How do They Work?
There are plenty of situations where you might need to look for alternative ways of finding money. You may turn to a payday loan for help, but another good option may be opening a line of credit. Lines of credit are useful for any situation where you need a little extra money, and the system […]