Lines Of Credit

• Home reno? Debt consolidation? Tapping your home equity is getting harder

  New data from TransUnion finds that Canadians are increasingly turning to unsecured lines of credit — a more expensive way to borrow.

  Money

  May 22, 2019
  
• HELOC rates are going up – what you can do to avoid payment shock

  Interest rates are likely to keep rising, and lenders could decide on further rate hikes on certain borrowers.

  Money

  May 2, 2018
  
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• As rates rise, Canadians in debt face risk ‘beyond historical experience’: PBO

  Canadian households are on course to become more financially stretched than they've ever been before.

  Canada

  Jun 20, 2017
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• New GDP numbers could be bad news for Canadians with debt

  The probability of an interest rate hike just got higher.

  Money

  May 31, 2017
• Over half of Canadians are $200 or less away from not being able to pay bills

  And many appear to have a shaky grasp of how interest rates affect debt payments.

  Canada

  May 8, 2017
• Why homebuyers should stay away from this popular financing strategy

  Bottom line: If you can't afford a larger down payment, buy a smaller home or keep renting.

  Canada

  Apr 27, 2017
• Could you handle a 33 per cent interest-rate hike on your debt? If not, start paying it off now

  The Bank of Canada is likely to start raising rates soon -- and many Canadians aren't ready

  Canada

  Apr 11, 2017