Articles by Mark Gregorski

Mark is a freelance writer who specializes in writing content for firms in the financial services industry, including fintech. He has written for brands like Loans Canada, LowestRates, and The Motley Fool, covering topics related to investing, mortgages, credit cards, and many others.

He is passionate about educating people on how the financial markets work and providing tips to help them better manage their money. Mark holds a bachelor’s degree in finance from the Northern Alberta Institute of Technology and has more than a decade of experience as an accountant.

Outside of writing and finance, he enjoys playing poker, going to the gym, composing music, and learning about digital marketing.
A Guide to Getting and Using a Personal Line of Credit

A Guide to Getting and Using a Personal Line of Credit

A line of credit can be a handy tool for financing large purchases and covering cash shortfalls. Learn how it can work for you in this detailed guide.

The Mortgage Renewal Process Explained

The Mortgage Renewal Process Explained

Has your mortgage come up for renewal? If so, here's what you can expect from the process and some tips on how to make the most of it.

Understanding Credit Card Expiration Dates

Understanding Credit Card Expiration Dates

Credit cards last only a few years before expiring. However, there are good reasons for their short lifespan - and getting a replacement is a cinch

Understanding The Bully Offer In Real Estate

Understanding The Bully Offer In Real Estate

The real estate market can be very competitive. Learn how some homebuyers try to gain an edge by using an aggressive tactic known as the bully offer

Interest Rate Differential (IRD) Mortgage Penalty Explained

Interest Rate Differential (IRD) Mortgage Penalty Explained

Thinking of breaking your mortgage contract? If so, you might have to pay a penalty known as the Interest Rate Differential (IRD).

A Guide to the Professional Student Line of Credit

A Guide to the Professional Student Line of Credit

Are you keen on studying law or medicine at university but worried about the high price tag? A professional student line of credit can help.

Advantages & Disadvantages of a Collateral Mortgage

Advantages & Disadvantages of a Collateral Mortgage

A collateral mortgage is a way to finance your home purchase and gain access to a line of credit. Find out if this type of mortgage is right for you!

A Simple Guide to Financial Institution Numbers

A Simple Guide to Financial Institution Numbers

Each financial institution has a unique three-digit code assigned to them. Learn why it's important and how to find the one used by your bank.

A Simple Guide To Joint Accounts

A Simple Guide To Joint Accounts

Are you and your family currently juggling multiple bank accounts? If so, this guide can help you decide if merging them into one is a better option.

How To Get Out of a Title Loan: You Have Options!

How To Get Out of a Title Loan: You Have Options!

Are you stuck with a title loan that's hurting your bank account? If so, there's options you can explore to escape it or lessen its impact.

Here’s What A Credit Memo Is

Here’s What A Credit Memo Is

A credit memo is a document that's routinely used in business, but can be a confusing concept. Learn how it works and why companies issue it.

A Guide to Different Types of Credit Cards

A Guide to Different Types of Credit Cards

With so many different types of credit cards around, knowing how each works can be challenging. This detailed guide covers what you need to know.

Is Line of Credit Interest Tax Deductible in Canada?

Is Line of Credit Interest Tax Deductible in Canada?

No one likes paying interest on a LOC. However, in certain cases, you may be able to deduct it from your tax return to reduce your tax bill.

Why Do I Have a Negative Credit Card Balance & What Should I Do?

Why Do I Have a Negative Credit Card Balance & What Should I Do?

Once in a while you may spot a negative balance on your credit card account. Here's why this might occur and what you can do about it

Personal Debt Service Coverage Ratio: What is it & How to Calculate

Personal Debt Service Coverage Ratio: What is it & How to Calculate

Learn why your personal debt service coverage ratio is important, how to calculate it, and how lenders use it accept or reject your loan application

Registered Retirement Savings Plan (RRSP) Guide for Canadians

Registered Retirement Savings Plan (RRSP) Guide for Canadians

Saving enough money for retirement can be a formidable task. Learn how an RRSP can accelerate your savings rate and slash your tax bill along the way.

A Guide to Credit Builder Loans

A Guide to Credit Builder Loans

Is your low or non-existent credit score preventing you from obtaining financing? If so, see how a credit builder loan can help you give it a boost.

What is an RRSP Loan and Should You Get One?

What is an RRSP Loan and Should You Get One?

Do you lack the cash to contribute to your RRSP? If so, an RRSP loan can help you cover the shortfall. Learn how it works and if it's right for you.

Here’s How To Pay Your Credit Card

Here’s How To Pay Your Credit Card

Timely credit card payments are key to avoiding financial trouble. Learn how credit card billing works and how to pay your credit card bill.

Everything You Need to Know About the Canada Apprentice Loan

Everything You Need to Know About the Canada Apprentice Loan

Looking to train as a tradesperson but lack the funds to do so? If so, there's financial aid available through the Canada Apprenticeship Loan program

Here’s How To Cancel a Credit Card

Here’s How To Cancel a Credit Card

Do you have a credit card you longer have any use for? Here's how to cancel it the safe and smart way in a few easy steps.

A Guide to Bank Drafts in Canada

A Guide to Bank Drafts in Canada

A bank draft is a popular payment method used for large purchases that doesn't require withdrawing cash. Learn how it works and why it's advantageous.

Is There A Perfect Number of Credit Cards To Have

Is There A Perfect Number of Credit Cards To Have

Credit cards are popular, convenient, and flexible financial tools. Does that mean that owning multiple cards is ideal? And can you own too many?

What is a Line of Credit?

What is a Line of Credit?

A line of credit is a loan product that offers a convenient and flexible way to borrow money when you need it. Learn how it works and how to get one.

First Time Home Buyers’ Program for BC Residents

First Time Home Buyers’ Program for BC Residents

Purchasing your first home can be exciting, but probably the largest purchase you'll ever make. Learn how the BC First Time Home Buyer's Program can help trim your costs.

What Is The Home Buyers’ Plan?

What Is The Home Buyers’ Plan?

Are you keen on buying your first home but short on money? The Home Buyers' Plan can help by turning your RRSP into your own personal bank.

How to Retire Early in Canada

How to Retire Early in Canada

Retiring early in Canada is possible, but it will take diligent planning, disciplined saving, and sincere dedication - and the willingness to forego some shopping sprees!