How to go about securing the best rate and plan for your credit card in Canada.
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More Canadians are rethinking their bank. Should you? + MORE Jul 23rd
Clinton Begin was growing tired of frequent visits to bank branches and calling into the trading desk to check on various transactions. “There (were) a lot of things that just took too much of my time. I was always phoning, always going to visit them. It was always a big deal,” he recalled.
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Asked to Co-Sign? What To Know Before Co-Signing a Mortgage or Loan Mar 29th
Have you ever been asked to co-sign for a loan or mortgage for a close friend or family member? If so, did you agree to sign the dotted line? There are many situations in which co-signing may be an option. It could be for a young person without any credit history or someone more experienced with lou.... More »
How you're not teaching kids responsible credit card use + MORE Aug 4th
Children are observers and parents unwittingly tend to do things just about guaranteed to show kids exactly what not to do with credit cards..... More »
Woman in her 30s killed in hit-and-run near Mississauga's Credit Valley Hospital Jul 5th
Police say that the suspect fled eastbound on Eglinton Avenue from Erin Mills Parkway in a sedan..... More »
How to avoid credit card problems aboard a cruise ship + MORE Nov 22nd
Surprise holds, fraud freezes and going overboard with onboard expenses can all be avoided.... More »
Standard and Poor’s has downgraded Alberta’s credit rating on concerns of weak budgetary performances and rising debt burden.
US report: Colleges not disclosing card contracts
– creditcards.com
A new report finds that many colleges are not disclosing their ties with credit card companies as required
Hasbro hits back about who created The Game of Life, denies claim by inventor’s widow
– canadianbusiness.com
PROVIDENCE, R.I. – Hasbro hit back Friday in a lawsuit over who owns the rights to The Game of Life, flatly denying claims by a toy inventor’s widow who says her husband created the board game and that she is owed $2 million or more in royalties.
The board game has sold more than 30 million copies and been spun off into an iPhone app, TV show, gambling and other ventures.
Lorraine Markham sued Hasbro earlier this year in federal court in Providence. She says her husband, Bill, invented the game in 1959 but that another toy inventor struck a deal with her husband and Hasbro has taken credit for it, denying her husband his legacy.
Her lawyers have said in a court filing that she plans to terminate rights to the game.
In its first response to the lawsuit, Pawtucket-based Hasbro Inc. on Friday denied that Markham created or designed the game and said his widow has no ownership interest in it. The toy maker said in court papers that it owns copyrights and other intellectual property rights to the game and its packaging, not Markham…
The board game has sold more than 30 million copies and been spun off into an iPhone app, TV show, gambling and other ventures.
Lorraine Markham sued Hasbro earlier this year in federal court in Providence. She says her husband, Bill, invented the game in 1959 but that another toy inventor struck a deal with her husband and Hasbro has taken credit for it, denying her husband his legacy.
Her lawyers have said in a court filing that she plans to terminate rights to the game.
In its first response to the lawsuit, Pawtucket-based Hasbro Inc. on Friday denied that Markham created or designed the game and said his widow has no ownership interest in it. The toy maker said in court papers that it owns copyrights and other intellectual property rights to the game and its packaging, not Markham…
Credit card mistakes millennials are making
– moneysense.ca
It seems that cost-conscious millennials are so down on being in debt that many are avoiding credit cards altogether. But in doing so they’re missing out on the opportunity to start building a credit history, which is crucial for securing loans, renting apartments and getting the best insurance rates. These are the findings from a recent NerdWallet study, which reported that 31% of U.S. adults between the ages of 18 and 34 have never applied for any type of card. What’s more, 28% of these surveyed millennials had credit scores between 300 and 579, far below an optimal 700 that gets you the best lending rate from the banks. Bottom line: Using a credit card responsibly is one of the easiest ways to improve a low credit score.
The post Credit card mistakes millennials are making appeared first on MoneySense.
S&P downgrades Alberta credit rating
– macleans.ca
Alberta Finance Minister Joe Ceci speaks during a press conference prior to the official release of the 2015 budget in Edmonton Alta, on Tuesday October 27, 2015. (TOPHER SEGUIN/CP)CALGARY – Standard and Poor’s has downgraded Alberta’s credit rating on concerns of weak budgetary performances and .
The credit rating agency dropped the province’s rating one notch from AAA to AA+ while still stating it expects the province’s credit liquidity to be exceptional in the next two years.
S&P said the downgrade is based on “Alberta’s projected oil price-driven weak budgetary performances in the next two years; moderate, but rapidly rising, tax-supported debt burden; and now-average economic prospects.”
The province’s long-term issuer credit and senior unsecured debt were downgraded to AA+, as was the senior unsecured debt rating on the Alberta Capital Finance Authority.
S&P said the stable outlook of the AA+ credit rating reflects its expectations that the province will continue to have exceptional liquidity in the next two years, the real GDP will grow in 2016 and 2017, and the debt burden will remain modest…
