Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
How do mortgage brokers get paid? Feb 18th
Q. Is it typical to pay a mortgage broker fee in advance, and before closing?
My broker is saying that I have to pay cash one week before closing, and that he will pay other persons who are involved. I am confused as to why brokers payment in advance and in cash.
–Adil
A. A mortgage broker can obt.... More »
RBC Lowers Outlook on Banks Feb 2nd
The Globe and Mail, David Berman, 1 February 2019
Canadian bank stocks have rebounded over the past six weeks after touching their lowest valuations since the financial crisis. But an enduring recovery rests on profit and revenue growth over the year ahead, and the outlook here is murky at best.
F.... More »
Streetwise newsletter: Banks lack controls to prevent customers being misled, watchdog finds; Aecon takeover by Chinese firm could fail over security concerns, analyst says + MORE Mar 21st
Also: U.S. Federal Reserve keeps stress-test clamp on banks amid Dodd-Frank rewrite
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U.S. banks benefit from postelection trading surge Jan 13th
Canadian bank earnings also expected to rise because of increased activity following Trump victory
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The Best Bank Promotions in Canada for New Customers Nov 6th
One of the fastest ways to earn free rewards is by opening a new account with one of Canada’s financial institutions. Most people have heard of someone getting a free iPad or a few hundred dollars cash when they opened a new bank account, but there are many other ways to earn as well, from new cre.... More »
The Best Credit Cards to Use on Black Friday
– ratesupermarket.ca
Did you know: The right credit card can help protect you from online fraud, shoddy deals, and even save you cash? Here are RateSupermarket.ca’s top credit card picks for spending holidays.
Who cares about the lagging loonie? Certainly not deal-happy Canadians gearing up to hit this week’s Black Friday and Cyber Monday door-buster sales. Reduced spending power hasn’t slowed our nation’s appetite for a great deal – and with more home-grown retailers participating than ever before, the exchange rate is a second thought for most.
Originally American spending holidays Black Friday and Cyber Monday have steadily grown in popularity in Canada and are now usurping Boxing Day; recent data released by ShopBot, a retailer comparison site, finds 75 per cent of shoppers favour Black Friday to the original Canuck spending spree. Ontarians are most eager to shop ’til they drop at 46 per cent.
For the savvy shopper, spending holidays can be a great time to save a few bucks on toys for the kids on your gift list, the smartphone you’ve been eyeing, or the patio set you’ll need come spring; but getting caught up in these sales has a downside…
Borrowell Review: Online Low-Cost Debt Consolidation Loans
– canadianfinanceblog.com
In recent years, many Canadians have become increasingly disillusioned with banks. Many Canadians are hoping to get a consolidation loan for their debt, but it’s difficult to convince a bank to provide an unsecured loan for an amount that provides them relief. Companies like Borrowell are shaking things up in the financial services industry in Canada, disrupting the banks and letting those with good credit histories to consolidate their debt without the need to go through traditional banks.Borrowell is one of the easiest ways for Canadians to lower their interest rates on credit card debt, and adjudicate almost instantly to provide you with options for an online loan that works for you.
What is Borrowell?
Borrowell is a lending platform that connects borrowers to lenders quickly and easily. With Borrowell, you apply for an unsecured personal loan of up to $35,000. You can use the loan for anything you want, without putting up collateral. However, the most common use for Borrowell loans is debt consolidation…
