The Bank of Canada’s latest rate increase has raised the cost of borrowing as well as the importance of paying off debts. Credit cards often carry interest rates...
OTTAWA — The amount Canadians owe relative to their income crept lower in the first quarter of this year as mortgage borrowing slowed along with a...
TORONTO — Flexiti Financial says it’s acquiring TD Financing Services’ Canadian private label credit card portfolio valued at roughly $250 million. The Toronto company, which provides...
Apparent attempts to extort two major Canadian banks highlight the increasing threat and variety of cyberattacks against major companies. Attacks against BMO and CIBC-owned Simplii — that compromised the information...
“Ask Brianna” is a column from NerdWallet for 20-somethings or anyone else starting out. I’m here to help you manage your money, find a job and...
Canadian debt loads hit a new high in the fourth quarter of 2017, climbing to 1.8 trillion owed, according to a report issued by credit rating...
What is the Posted Rate Scam? The posted rate is the mortgage rate that the banks advertise. Although it is completely negotiable, banks use it in various...
3 Steps to Repairing Your Credit The deed is done. You’ve missed a few payments, you’ve overdrawn an account or two, you’ve maxed out your credit...
One way to avoid harsh penalties is to register your mortgage as a portable mortgage. According to the Globe and Mail (2013) 70% of people break their...