Blog

Canadian Businesses That Are Thriving During Covid-19

Canadian Businesses That Are Thriving During The Pandemic

There is no doubt that the pandemic has turned the Canada's economy upside down.

From the most established and top Inc 500 companies, to mom and pop stores Canada wide, everyone is struggling. In most cases, in a very negative way.

Every single business and individual has been effected by this Covid-19 “plague” and that is just the reality.

That said, there has been some tremendous amount of innovation …

Continue reading...

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 …

Continue reading...

Things to Know Before Getting Your First Credit Card

There are many upsides to having a credit card, such as building one's credit score, making certain purchases, and even earning cashback points. With the right practices and money management habits, people can do quite well and set themselves up for financial success. However, without the proper knowledge, individuals who manage to obtain credit cards can wreak serious damage upon their financial standing and sink themselves into debt for years …

Continue reading...

Things to Know Before Taking Out Student Loans

As the amount of student loan debt surges with each passing day, more and more people are beginning to question whether or not borrowing money from the government for the sake of attending college is truly worth it. The economy and job market are changing ; more and more young people are opting to find employment within the gig economy as freelancers and independent contractors. Others, however, are still deciding …

Continue reading...

What is a Debt Collection?

It goes without saying that financial lenders expect to get their money back. The borrower (i.e. the individual in debt), however, may not always be able to pay back funds which were loaned to them. After a certain amount of time passes, financial lenders may decide to contact a debt collection agency, also referred to as debt collectors.

An Overview

Debt collectors are simply members of companies who are tasked …

Continue reading...

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 …

Continue reading...

How to Build a Business Without Going into Debt

One of the greatest hurdles in building a business is capital, or lack thereof. A lack of capital and financial resources subsequently prompts aspiring entrepreneurs to believe that borrowing money is their only option. Of course, this belief is inaccurate. The pitfalls of going into debt are well-documented, but thankfully other alternatives do exist.

Build Gradually

Many ambitious and aspiring entrepreneurs aim to open their businesses as soon as possible, …

Continue reading...

How to Repay Debt

This article is part of our Finance Hub.

In the best of worlds, nobody would incur any debts. Unfortunately, there are countless people who are up to their eyeballs in debt. Ideally, incurred debt is something which should be paid off as quickly as possible; yet, many individuals find themselves struggling to pay back the money they owe. The subsequent interest which often accompanies unpaid debt doesn't make matters …

Continue reading...

Knowing Whether or Not to Loan Money to Someone

At one point or another, most people will find themselves in situations where they asked for a loan. The person making this request may be a relative, close friend, or even a co-worker. Loaning money comes with its own risks and stigmas; what if the borrower takes too long to return the money? What if they can't afford to pay back the loan? Worst of all, what if they simply …

Continue reading...

How to Take Out a Loan

Whether it’s for buying a house, purchasing a car, or trying to pay off your monthly bills, people take out loans for a multitude of reasons.


It may seem absolutely fantastic when a check gets handed to you, but the reality is that nearly all loans come with interest rates. Keep in mind that banks, online lenders, and other financial institutions are more than eager to give out loans …

Continue reading...