Not paying consumer debt on time, the financial equivalent of sweeping crumbs under the sofa, has long been an issue for Canadians. Turns out it was never about not having the means to be punctual in our payments, we just couldn’t really be bothered. According to credit monitoring agency TransUnion, the second
Most of our parents found themselves with the person they’d marry, workplace benefits, and mortgages not long after that post-secondary school degree was hung on the wall. Millennials, not so much. [ad_bb1] Instead, they’re moving back in with their parents after university and college. But according to financial experts, “failure
Effective August 1, attending a college or university in Newfoundland and Labrador just got a little more attainable for cash-strapped students. Our friends in the east have just made history as the first province to drop student loans in favour of non-repayable grants. The move comes a year after it
Thom Feeney is not an economist. He’s also not a politician, banker, money printing machine, or in any other sort of position that would lend him to offer a credible solution to the crisis in Greece. Economists, politicians, bankers and money printing machines can’t solve the problem either, though, so
Canadians carry an average of $28,000 in non-mortgage debt. (Yes, that’s a crushing number.) And the last thing ambitious young professionals need as an obstacle to achieving their dreams is a lack of cash. The solution: peer-to-peer lending. Enter Grouplend, a Vancouver-based company that grants Canadians small loans on terms
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