Peer-to-peer lending can be a great alternative to typical financial institutions for borrowers as well as a great way to diversify investment portfolios for lenders.
If you're in need of financing, two great ways to borrow money are a loan and line of credit. Here's how they work and how they differ from each other
Loans can be classified as secured or unsecured. Learn the one crucial aspect that separates these two types of debt and how each works in practice
Though it may be hard to believe, it's possible to have certain loans forgiven, which means you don't have to repay them. Here's which loans qualify.
An installment loan is a loan which you repay in equal installments over a preset time period. Here's how it works and how to get approved for one.
To acquire a secured loan, you'll have to pledge an asset you own as collateral. Here's how it works and why it may be worth getting one.
The Paycheck Protection Program (PPP) is a financial aid initiative implemented by the U.S. government to help small businesses. Here's how it works.
Is it really possible to get a no-interest loan in Canada? The answer is yes! But in some cases this form of financing comes with hidden traps.
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.
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.
An investment loan is a financial product that may help you increase your portfolio. Discover the risks, benefits, and whether one's right for you.
Loans can make sense if you need a lot of money all at once. But it's important to understand the different types of loans, and how interest works.
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.
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.
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.
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.
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
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.
Student loans and lines of credit are both popular ways to finance your post-secondary studies. Here's how they compare with one another.
Having trouble deciding how to finance your car purchase? If so, ensure you consider which option is more financially prudent rather than convenient.