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The importance of credit scores cannot be overstated. They tell a lot about your financial situation including how reliable you are at repaying your debts. Keeping an eye on your credit report and increasing your score, if possible, doesn’t have to be expensive. Check your credit score for free in Canada. Here’s how. 1. Borrowell […]

In some Canadian cities, the costs of car ownership are very high. In 2024, the cost of owning a vehicle in Toronto is $1,623 per month, compared to $1,068 per month in 2019. If you buy your car this year and keep it for 7 years, you will spend a total of $140,408, taking into […]

If you’re a Canadian investor looking for new trading platforms, you might have heard about Webull. With its sleek design and advanced features, it’s no wonder many people were eager to use it in Canada. Since the beginning of 2024, Webull is available to Canadians, so I’ve decided to try it. In this article, I’ll […]

Would you like fries with that prediction? Big Macs, unclaimed corpses, and diaper rashes can tell us a lot about market trends. These weird economic indicators look beyond the traditional metrics of Gross Domestic Product (GDP), inflation, and unemployment. Instead, they spotlight oddball data that can help predict where the economy might be headed and […]

It isn’t exactly news, but Canadians are struggling financially. For instance, covering a $500 unexpected expense is not an option for a quarter of us. In 2022, over 103,586 insolvencies were filed with the Office of the Superintendent of Bankruptcy (OSB), reflecting a steep increase from the previous year. Before anyone ends up filing for […]

Sponsored Content Business accounting is a royal pain in the ass. And don’t even get me started on taxes. If you share my pain, you should look into QuickBooks, a comprehensive accounting solution designed for SMBs. It consolidates your financial data onto an easy-to-use platform, updates in real-time, and comes with a mobile app for […]

So you ordered something online and the package didn’t arrive, now what? As an extreme introvert, I do most of my shopping online, and so do 27 million of my fellow Canucks. That’s a lot of stuff to deliver – something’s bound to get lost. Generally, the seller is obligated to ensure the shipment arrives […]

Imagine a world where every aspect of your daily life, from your meals (DashPass) to your family photos (iCloud+) to your entertainment (Netflix), is governed by a recurring subscription. This world is a reality for a growing number of Canadians. In fact, a survey we conducted on the subject revealed that Canadians have an average […]

Credit card churning can hurt your credit score if you’re not careful. That’s because credit card churning is the act of frequently applying for new credit cards just to get generous welcome offers. Then you cancel the card before the annual fee is due. Not only does the practice subject you to multiple hard credit […]

There is no universal minimum credit score for renting an apartment in Canada. While most landlords prefer a good credit score of at least 660, a lower score won’t automatically disqualify you. The minimum credit requirements vary widely among landlords as well as rental markets across the country. In this article, we’ll explore everything you […]

Homebuyers are often left scratching their heads, wondering “What is the minimum credit score for a mortgage in Canada?”. In most cases, you need a credit score of at least 680 to qualify for a mortgage through a traditional lender. If your credit doesn’t stack up, there are alternative options available. Whether you’re a first-time […]

Understanding how a credit score is calculated in Canada is essential to your financial health. This three-digit number determines your ability to access loans, credit cards, and even rent an apartment. In Canada, credit scores are primarily determined by two major credit bureaus: Equifax and TransUnion. While they both consider many of the same borrowing […]