How to go about securing the best rate and plan for your credit card in Canada.
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Demystifying 5 common credit misconceptions + MORE Sep 13th
Don't get tripped up by misleading or confusing credit terminology.... More »
Fixing damaged credit? First, create a budget + MORE May 31st
In fixing damaged credit, regular payments are a must, and you have to get a budget before you can know what you can afford to pay.... More »
Canada’s best travel credit cards 2022 Oct 15th
A good travel credit card can make your trip more affordable, more comfortable and even more secure. There are numerous cards to choose from, but you can get the best value by selecting one that pairs a strong earn rate for rewards or cash back along with perks like lounge access, travel credits or .... More »
Have Fun While Saving Money: 25 Things to Do for Free Aug 14th
Looking for fun activities that won’t break the bank? There are plenty of things to do for free that can be both enjoyable and fulfilling. Free activities not only help you save money, but they also allow you to discover new interests and hobbies.
25 Fun Things to Do for Free
I’ve compil.... More »
Video: 5 tips before buying a house May 12th
If you're looking to buy a new house, be sure to follow these five tips to ensure your credit stays safe and you maximize potential card rewards.... More »
Debt dilemma
– moneysense.ca
A new poll for BMO suggests some 83% of Canadians have some form of debt (including mortgages), up from 74% from at the same time last year. Average monthly payments meanwhile are down from $1,138 in 2012 to $986. “With Canadian household debt levels remaining at dangerously high levels, we have to wonder why so many Canadians are making lower monthly debt re-payments. When interest rates are low, as they currently are, Canadians need to do more than just make the minimum payment each month. Consumers need to take advantage of our current economic climate and put more effort towards retiring their debt,” said Consolidated Credit’s Jeffrey Schwartz in a release Wednesday.
Meanwhile, a poll for TD Canada Trust has found that 40% of recent post-graduate students find it difficult to make minimum repayments on student loans in the first two years after graduating. As a result, many admit to postponing a number of life milestones, including buying a first home (40%), starting a family (36%), getting married (23%) and even moving out of their family home (18%), until student debts are repaid…
The hidden side of credit card rewards
– theglobeandmail.com
Amid the fight over card transaction fees that retailers pay, remember that you're paying for those card perks – one way or another
