When it comes to your credit, how do you rank? If you’re like the majority of Canadians, there’s a good chance you aren’t sure – our recent poll found 70% of respondents were in the dark about their credit score.
Do you have a low credit score? The answer may surprise you. From late bill payments to maxing your credit, there are tons of ways to compromise your score – are you guilty of these credit score sins?
March is fraud prevention month, and a great time to assess the safety of your finances. Check out our tips for staying extra vigilant.
The holidays have come and gone – but are you kicking off the new year with newly-acquired debt? If last year’s spending is still making its mark on your wallet, it may be time to take drastic measures.
If you’re in deep debt with no hope of consolidation, bankruptcy could be your best option. While hitting rock bottom can ease the pressure of hounding creditors, however, you’ll be on a long road to financial recovery and good credit.
Everyone knows how important it is for parents to support what their children are learning in school. This means sitting with them to do homework and making sure they are keeping their grades up. But what about financial literacy? Who is responsible for teaching kids about money matters?
Does the motto “sharing is caring” extend to your bank account? For many couples who cohabitate, opening a joint account to deal with combined financial responsibility just makes sense. However, there are warnings to heed before you truly share the wealth.
Being your own boss certainly comes with some sweet perks- nothing beats creating your own schedule and choosing your work. But self employment can leave you more vulnerable in times of need, and present unique challenges if you’re looking for some extra cash. Fortunately, you are still eligible for employment insurance and loans – the key is to be prepared.
RBC is among 15 global banks to receive a credit rating slash from Moody’s. What does this mean for RBC’s credit-worthiness? Will the change negatively impact RBC clients?
Recently two of the world largest rating agencies have downgraded Ontario’s debt. Canada’s largest province, once the economic engine of Canada, is now struggling to convince Ontarians that it’s plans to cut costs and balance the budget will work. The rating agency move could make borrowing for the province more expensive, and threaten the province’s 2017 plan to balance the books.