Tag: credit risk

what effects your credit score

Get to know your credit report: Easy tips from the FCAC

By: The Super Broker

Regardless of whether people know anything about their credit scores – or the complicated math formulas that go into determining them – the three-digit numbers a part of life, just like death and taxes.

Know Your Credit Limits

More mortgages, fewer credit card bills for Canadians

By: The Super Broker

According to a recent article in the Financial Post, more Canadians are taking on home loans while reducing their credit card bills.

Canadian Economy

Fears of expanding debt may slow spending

By: The Super Broker

With government officials continuing to caution consumers not to take on much more debt, analysts say that they’re seeing a shift in behavior from both consumers and lenders, both of which are trying to cut back on credit risks, Bloomberg reports.

Private Lenders, CanEquity

Private Commercial Lenders Provide Alternate Route for Commercial Funding

By: Elias Kellendonk

Private commercial lenders, particularly in the commercial mortgage market, are increasingly becoming the go-to for hard-to-fund commercial projects.

Know Your Credit Limits, CanEquity

Credit Granting in Canada Can Foster Dependence

By: The Super Broker

Paying the absolute minimum amount on your credit card debt will cost you thousands of dollars in accrued interest.

CREB - Calgary Real Estate Board

Straw Borrowers Face Fraud Charges

By: Elias Kellendonk

Canadians that believe they can allow others to use their names and credit records to attain mortgages on a property are mistaken. Doing as much can result in jail time and large fines.

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