Credit Score

Why Post Secondary Students Must Protect Their Credit Score

Melissa Jarman | Posted 09.03.2014 | Canada
Melissa Jarman

The credit mistakes that students make today can affect them for years to come, so as parents, it is our job to ensure we teach them about responsible credit use. Our kids often look to us for financial advice and guidance but many parents don't fully understand how to build and maintain a good credit score either.

What Really Makes a "High Interest" Loan

Steven Uster | Posted 08.04.2013 | Canada Business
Steven Uster

While the concerns regarding the potential negative impact of certain high interest loans are legitimate, the debate has failed to consider the context in which high interest loans exist. It is too simple to label a loan "high interest" by looking only at the annualized interest rate. There are many other factors that determine the true cost of borrowing.