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Line of credit

A hopeful-looking older woman on her living room sofa

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Planning to use your home equity in retirement

Real estate equity is a big part of seniors’ net worth. Some Canadian retirees may want or need to...

Planning to use your home equity in retirement

loans

What to know before taking out a loan in Canada

What to know before taking out a loan in Canada
Canadian man shopping with a friend for a major purchase (stove) and wondering which is better: personal loan vs. line of credit?

loans

Personal loan versus line of credit: Which should you choose?

Need the best interest rate? Want fixed payments or flexibility? Find out the differences between personal loans and lines...

Personal loan versus line of credit: Which should you choose?

Renovations

Planning a home renovation? What to know about financing options

Experts say Canadians are increasingly financing their home renovations. We break down some of the options for home owners....

Planning a home renovation? What to know about financing options

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Two women and a young girl laying cross them laugh while watching TV

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Borrowing from your HELOC to invest in equities

You can use a HELOC for leveraged investing. But what happens if you sell your home and want to...

Borrowing from your HELOC to invest in equities

Debt

Why young people keep getting caught in debt traps and how to break the cycle

Ever-increasing credit card limits, lifestyle creep and a rising cost of living are contributing to a rise in debt...

Why young people keep getting caught in debt traps and how to break the cycle
A retired couple cheers to having found a way to fund their retirement

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Should retirees consider a home equity sharing agreement (HESA)?

Home owners have a new way to tap their home equity. How does the HESA compare to a reverse...

Should retirees consider a home equity sharing agreement (HESA)?

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Could a line of credit impact my mortgage application?

Could a line of credit impact my mortgage application?

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Spend

6 things you didn’t know could be hurting your credit rating

You pay your bills on time, so that means your credit score is in good shape—right? Not necessarily. Here’s...

6 things you didn’t know could be hurting your credit rating

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