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Money Management During The Pandemic

Money Management During The Pandemic

Managing money is already hard enough for most people. So when Covid-19 hit, it made things ridiculously worse. Most of us do not learn any money management skills while growing up. Not in school and definitely not from our folks.


Did you know that 1 in 6 Canadians have more money going out (Expenses), then coming in (Income). This is according to the government of Canada’s 2019 survey. Isn’t …

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All About Online Loans

In a world where even doctor visits can be completed online, you have more ways than ever to get a loan. Of course, the easiest way to get a loan is by choosing online loans. With online loans, you can get a loan right from your living room, without even having to leave the house—and who wouldn’t want to avoid changing out of sweatpants and driving to the bank!

Getting …

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Small Loans - My Canada Payday

We usually think of loans in terms of large amounts, like financing for a new house or even buying a new or used vehicle. However, what if you don’t need tens of thousands of dollars to qualify for a loan in the first place?

Most people who borrow money every now and then, simply need a hand with everyday expenses, such as:

  • Replacing a broken washer or dryer
  • Fixing car …

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What is a Vig on a Loan?

Simply put, vig is a slang term that is used to describe the interest rate for a loan. If someone asks, “What’s the vig on the loan?” what they are really asking is, “How much money are you paying in interest for your loan?” In a world like The Sopranos, however, where loan sharks are everywhere, they’re referring to interest paid in cash. And for loan sharks and characters like Tony Soprano, the vig is straight profit.

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Payday Loans that Accept Child Tax Benefits

Whether you’re getting ready to start a family and want to learn more about the child tax benefit, or you’re already receiving the CCB and need more information about how to use that income toward a payday loan, you’ve come to the right place. In our blog, we’ll give an overview of the CCB and show you exactly where you can find payday loans that accept child tax benefits.

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How to Pay Off Debt and How to Handle Debt

While having a little bit of debt isn’t bad, if you’re not careful, you could find yourself in a situation where your debts become overwhelming. If you’re spending more than what you can pay each month—or if you’re struggling to make your minimum payments—it’s time to break free from that debt cycle!

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What Are Installment Loans and Revolving Credit?

Don’t make the mistake of letting yourself sign up for the wrong type of loan. Keep reading to see the difference between installment loans and revolving credit—and most importantly, the advantages and disadvantages of both!

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Everything You Need to Know about Credit Card Cash Advances

Credit card cash advances are amounts of money which people are permitted to "borrow" from their credit card companies. These advances are generally processed via ATM withdrawals or deposited checks. Unlike other types of loans, credit card cash advances almost always come along with hefty interest rates, usually notably higher than the interest rate of the associated credit card.

Furthermore, the interest tied to credit card cash advances generally begins …

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An Overview of Good Debt

The word "debt" alone is enough to make people cringe. Which is quite understandable. After all, he bad side effects of debt are extremely well-documented. It can take decades for some people to escape its clutches, and for many people, repaying debt can be a lifelong struggle. Basically, it's not the best way to live. In fact, it's the opposite.

For these reasons and more, debt is overwhelmingly viewed as …

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