Borrowell is a reputable and legitimate Canadian financial technology company based in Toronto, Ontario. It was founded in 2014 by Andrew Graham and Eva Wong. Borrowell has established partnerships with Equifax, one of the major credit bureaus, to provide Canadians with free access to their credit scores. It has also partnered with several prominent financial […]
In the realm of personal finance, one typically associates paying rent with a necessary expense. However, Chexy, headquartered in Toronto, Ontario, has revolutionized this notion by enabling Canadians to pay their rent using credit cards while simultaneously accruing rewards and bolstering their credit. In this comprehensive Chexy Canada review, we will delve into the intricacies […]
Reporting your rent payments to credit bureaus in Canada can be a game-changer for your creditworthiness. It’s a proactive way to establish yourself as a reliable tenant and boost your credit score. In this article, we’ll delve into the process of reporting rent payments to credit bureaus in Canada, highlighting four of the top services […]
The First Home Savings Account (FHSA) is a registered plan designed to assist eligible Canadians in saving for their first home purchase. This tax-free investment account combines elements of both the Registered Retirement Savings Plan (RRSP) and the Tax-Free Savings Account (TFSA). Contributions are tax-deductible like an RRSP, and investment growth and withdrawals are tax-free, […]
When you’re venturing into the world of investing through ETFs (Exchange-Traded Funds) or mutual funds, it’s crucial to grasp the concept of fees associated with these assets. Funds typically come with two key fee components: the management fee and the management expense ratio (MER). These fees are expressed as a percentage and can impact your […]
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