Are you considering buying a home in Edmonton but don’t know how to finance the down payment? There are many ways to come up with the funds for your down payment, such as tapping into existing equity or taking out a personal loan. In this article, we’ll explore one option that may be ideal for … Read more
Borrowers seeking a mortgage to purchase or refinance a home must be approved by a mortgage lender to get their loan. Banks need to verify the borrowers financial information and may require a proof or proof of deposit (POD) form to be completed and sent to the borrowers bank. A proof of deposit may require … Read more
Roughly 66% of cars financed go to borrowers with scores of 661 or higher, but those with lower scores have options. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their … Read more
Are you ready for the greatest wealth transfer in history? Ready or not, it’s already happening! It’s estimated that $70 trillion worth of assets will pass down from older to younger generations over the next two decades.1 That is a lot of money—and some of it might be heading your way. But if you’re not … Read more
When a loved one passes away, it can be an extremely difficult and emotional time for family members Not only are you grieving, but you may also have to deal with the deceased person’s unfinished financial affairs One common question that arises is how long creditors can continue trying to collect on debts after someone … Read more
Borrowers often wonder if they can pay off their home equity line of credit (HELOC) early. The short answer? A resounding yes, because doing so has many benefits. But how does paying back a HELOC work? Paying off debt sooner means youll owe less in interest over the life of the loan, which saves you … Read more
This article contains general information and is not intended to provide information that is specific to American Express products and services. Similar products and services offered by different companies will have different features and you should always read about product details before acquiring any financial product. Closing a credit card with a zero balance could … Read more
You might be able to deduct mortgage interest on your taxes if you itemize and follow a few other guidelines. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. … Read more
If you’ve been searching online for a short-term loan option, chances are you’ve come across Lendumo. But who exactly is Lendumo and what do they do? In this article we’ll take a deep dive into Lendumo to give you the full scoop on this tribal lender. Introducing Lendumo – A Tribal Lender Offering Small, Short-Term … Read more
Financing your house with a mortgage probably means you just signed up to repay hundreds of thousands of dollars. For this reason, lenders wont lend to just any borrower. You can expect a lender to closely review your financial health, including your credit score, before giving the stamp of approval. Heres what credit score is … Read more