Tag ca

What Affects Your Credit Score in Canada

What Affects Your Credit Score in Canada When you apply for a mortgage in Canada, it is important that you understand how your credit score will be determined. The inquiry accounts that show on your credit report are the first…

What Is a Credit Bureau?

A credit bureau, also called a credit-reporting agency, keeps track of a person’s financial history. They do this by getting monthly copies of financial records from the individual or the business that they report to. The records are then processed…

What Is a Sinking Fund?

When most people hear about sinking funds, they have one of two ideas in mind. One idea is that they are simply a mutual fund, designed to protect against sinking stock prices, much like the life insurance that you receive…

Lending Loop Review

The term “loan”, in the lending industry, can mean two things: first, a borrowing of money by a lender in order to buy a product or service and second, a process of collecting payments or interest from the borrower. A…