How to go about securing the best rate and plan for your credit card in Canada.
Latest News
Cyber thieves make off with hundreds of thousands of dollars in attack targeting Coast Capital Savings + MORE Jan 16th
The RCMP and the credit union are investigating after 140 members were robbed in "phishing" and "brute force" cyber attacks..... More »
September 13 Update: American Express discount for Air Canada flights, WestJet Flash Sale, up to 100 Bonus AIR MILES for Budget rentals + MORE Sep 13th
Check your emails once again for another discount for Air Canada flights from American Express. This one came for my Platinum Card from American Express and offers a 15% discount on Air Canada standard fares and up. WestJet's ultra low cost carrier Swoop is planning to introduce flights between.... More »
Rate survey: Average card APR remains at record 16.06 percent for second week + MORE Jul 12th
July 12, 2017: The national average APR for new card offers remained above 16 percent Wednesday for the second week in a row, according to the CreditCards.com Weekly Credit Card Rate Report..... More »
January 17 Update: Tangerine MasterCard 4% offer ends on the 20th, up to 30% off Fairmont stays & new Amex Centurion lounge in PHL + MORE Jan 18th
News, Tips & Tricks Just a friendly reminder that if you are considering the Tangerine Cash Back MasterCard to apply for by the end of day on January 20th as the introductory offer of 4% for the first three months in your selected categories will be gone after that date. If you apply after t.... More »
Survey: Average card APR holds steady at 16.06 percent for third week + MORE Jul 19th
July 19, 2017: The national average APR for new credit cards held still this week despite multiple changes to card offers, according to the CreditCards.com Weekly Credit Card Rate Report..... 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…
