Borrowing 101
Online Workshop

Most Canadians will borrow money at some point – whether for a home, a car, or an unexpected expense. But understanding how credit actually works can mean the difference between a smart financial decision and a costly mistake. Knowledge is your best protection. In Borrowing 101, you’ll explore the five components of your credit score, learn the difference between secured and unsecured financing, and understand how to calculate your debt service ratio. You’ll also compare vehicle financing versus leasing, weigh the pros and cons of new versus used cars, and navigate the most common lending products – from mortgages and lines of credit to credit cards and payday loans. Join us and walk away with practical strategies you can use right away.