loans

How to calculate your debt-to-income ratio—and why you should know this number

Created By

Credit Canada

Life Insurance

Do I really need life insurance?

Purchasing a life insurance policy is considered good planning and, for some, the pinnacle of “adulting.” Here’s how to...

Ask a Planner

Should you loan money to someone who is house rich and cash poor?

Loaning money to someone who is house rich and cash poor requires some consideration. Even when it involves family....

loans

How long do debt collectors try to collect in Canada?

Created By

Credit Canada

Ask MoneySense

I cosigned a motorcycle loan and the owner passed away: What are my obligations to the bank?

A Certified Financial Planner helps a reader understand their obligations—and their options—after cosigning on a loan.

Mortgages

What is a mortgage?

A mortgage is a loan that can help you buy the perfect home. Here’s how they work, how to...

Student Debt

Student loans: How do I apply for OSAP?

If you’re looking to apply for OSAP, make it easier on yourself by being prepared with these tips.

Auto

The story on long-term auto loans

Long-term auto loans may not be a bad idea.

Real Estate

Get a mortgage without a salary

There are things that you can do to help you qualify for a mortgage.