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- keeping you updated on all things "Mortgage"

Since the lockdown caused by the Covid-19 pandemic, many questions about finances and how to keep up with mortgage payments have come up and many Canadians have been extremely worried about their financial situation. In response to these worries and situation, the government of Canada...

Since last week’s post, we’ve been contacted by people willing to know more about wage garnishment. We’ve decided to dedicate this post to the topic of garnishment in Canada when it comes to your wages. As we stated on the last post, wage garnishment is a...

As we continue our series of posts about debt and mortgage payments during this pandemic, we decided to talk about the financial support payments that have been introduced by the government of Canada. It is important to understand what CERB is all about as...

Economies have stagnated as governments around the world implemented strict measures, including social distancing and work stoppages, to halt the spread of the contagion. Mounting debt and unemployment are exacerbating the threats to Canada’s economy and financial system, as the reduction of income is particularly...

Debt has been the most pressing issue during this COVID-19 situation. Our previous posts have addressed some of these issues from the danger of predatory lending to the help you can get from credit counselling. Managing one’s debt is extremely important. However, each case is...

More so now than ever before we see people worry about their debts. COVID-19 brought an unprecedented reality to all of us. If you are out of work as a result of the coronavirus pandemic, you have noticed by now that the bills were not...

Predatory lending is not something new and has been affecting many Canadians across the country for many years (check our previous post on this topic). However, the unprecedented financial situation caused by COVI-19 has made predatory lending easier and many Canadians are falling for...

As we are going through these unprecedented times, we’ve been seeing a lot of references to predatory lending. Many wonder what this term refers to in the world of mortgages. Essentially, predatory lending is the practice whereby a lender deceptively persuades a borrower to agree...

The situation created by COVID-19 is rapidly changing and new information is being delivered on a daily basis. Amid all the changes happening at the social, medical and government levels, some news that had been introduced in the month of February have now changed or...

One of the surprising news this week was the just announced rate cut by the Bank of Canada. Since the start of the month, the rate has been cut twice. This time around the central bank’s benchmark interest rate was cut by 50 basis points...