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[ad_1] Changes to the BoC rate impacts the prime rate set by Canadian lenders, which in turn affects the pricing of variable-based borrowing products, which are...
[ad_1] The half-percentage point interest rate cut marks the fourth consecutive reduction since June and brings the central bank’s policy interest rate down to 3.75 per...
[ad_1] The Florida Realtors Relief Fund is offering $500,000 to help hurricane victims. The National Association of Realtors‘ Realtors Relief Foundation announced a $500,000 grant to Florida Realtors to...
[ad_1] 1. Review your credit report for errors It’s important to review your credit report and score at least once a year, especially when you’re trying...
[ad_1] How to get a credit card in Canada Well, you apply. But make sure you’re applying for the right card and that you have a...
[ad_1] Personal loans vs. lines of credit With a personal loan, you borrow a single (fixed) amount of money from a bank or other lender. In...
[ad_1] Borrowing to invest can be risky. It can magnify your returns, as well as your losses. The best candidate for leveraged investing is someone with...
[ad_1] Are more rate cuts likely? In announcing the rate cut Wednesday, Bank of Canada governor Tiff Macklem said if inflation continues to ease broadly in...
[ad_1] What does the rate cut mean? The immediate impact of today’s rate cut will be interest rate relief for Canadians. As a result of today’s...
[ad_1] Loan forgiveness is an option If you loan money to a child, you can forgive the loan during your life or upon your death. Of...
[ad_1] What is the Bank of Canada’s interest rate? This latest decrease brings the central bank’s rate—which sets the benchmark for Canada’s prime rate and variable-rate...
[ad_1] Key takeaways Nonprofit debt consolidation can make debt payments more manageable by reducing the number of bills you need to pay. Unlike traditional debt consolidation,...
[ad_1] Sticker prices at dealerships have started to come down and affordability is improving, said Daniel Ross, senior manager of industry insights with Canadian Black Book....
[ad_1] After the three-year pause on student loan repayment programs during the pandemic ended, 19 million borrowers either let their accounts become delinquent or extended their...
[ad_1] Whether or not a variable-rate mortgage is a good option for you depends largely on market fluctuations. Rates for this type of mortgage are typically...
[ad_1] For most Canadians, using a broker is the wisest choice to save money, as they have access to a wider selection of products and should...
[ad_1] “They may see a slight increase in their income, and they think, ‘Oh, I just kind of hit the lottery, and now I’m going to...
[ad_1] The Reserve Bank of India has directed all lenders to review their practices regarding mode of disbursal of loans, application of interest and other charges...
[ad_1] The White House has announced a new $7.4 billion round of student loan cancellations, relieving nearly 277,000 borrowers of their debt. The latest attempt to...
[ad_1] President Joe Biden speaks about student loan debt forgiveness in the Roosevelt Room of the White House, Wednesday, Aug. 24, 2022, in Washington. (AP Photo/Evan...