Find out how rising interest rates can affect your mortgage, line of credit, and home equity line of credit (HELOC) payments.
We’re passionate about helping you develop money skills. Check out our informative and easy to read blog posts about discerning the “good debt” from “bad debt.”
Is It a Good Idea to Co-Sign a Loan for Someone?
It can be tempting to co-sign a loan for a friend or family member to help them out. But before you agree to do that, there are some things you should know.
How to Prepare for Higher Home Equity Line of Credit (HELOC) Payments
Learn the best tips for how to prepare for higher payments and options for when making higher payments isn’t possible.
What to Know Before Using a Home Equity Line of Credit (HELOC)
Is a home equity loan or line of credit right for you? Learn how to use a credit line and not get into debt. If you need help getting out of debt, 1-888-527-8999
Get Debt Relief from Your Mortgage, How to Avoid Foreclosure, Canada
Learn things you can do that will help you to avoid foreclosure and manage your situation better in Canada.
Never Pay High Rates at Cheque Cashing Centres Again! Free Alternatives to Get Your Cash, Fast
Never pay high rates at cheque cashing centres Again! Here are alternatives to cash your cheques and get your money for free!
How to Get Rid of Payday Loans with 5 Step Plan to Escape the Cycle
If you’re tired of always borrowing from payday loan companies, have multiple payday loans, and want to know how to get rid of payday loan debt, we’ll show you how in 5 practical steps…
Am I the Victim of Property Title Fraud with a Secured Mortgage Loan?
Many surviving spouses are left in an uncertain financial situation, sometimes due to a lack of income, but often because they need to learn how to manage their affairs on their own…
New Mortgage Rules: Are They Really What They Seem?
With new mortgage rules, the government tried to take another proactive step to protect Canadians from themselves. But, depending on who you talk to, opinions are mixed…
What Canada’s New Mortgage Rules Mean – In Plain English
The federal finance minister announced changes to Canadian mortgage rules. What do these changes really mean? And how will they impact you? Here’s how it boils down…
Are You Tired of Being the Family Bank & Lending Money to Relatives?
I’m repeatedly lending money to my siblings. My wife and I have our own financial plans and are starting to get frustrated with being the family bank. How can we change this?…
Rising Interest Rates Could Double your Mortgage Payments
Canadians have gotten use to low interest rates—they are almost viewed as normal. But how “normal” are they? Most people are vaguely aware of the extremes…
Rising Mortgage Rates will be Difficult for Many Canadians
With mortgage rate increases this week, more Canadians will find it challenging—if not impossible—to balance their household budget. Make some choices about prioritizing first…
Not sure which option is right for you?
Get answers from an expert.
With so many debt consolidation options out there, it can feel overwhelming to try and find the right one by yourself. One of our professional credit counsellors would be happy to guide you through this process by carefully reviewing your whole financial situation with you and answering any questions you have. Speaking with our certified counsellors is always free, confidential and without obligation.