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The Financial Plight of Canadian Cities During Covid-19

As a member of the G7, Canada is definitely one of the most financially successful countries in the world.

After all, you don’t become one of the richest countries around by just spending money. You better have the best money managers in the world as well.

However, it seems like Covid-19 has changed all of that.

Canadian cities that were once considered financial powerhouses, are now struggling to procure or …

Money Management During The Pandemic

Managing money is already hard enough for most people. So when Covid-19 hit, it made things ridiculously worse. Most of us do not learn any money management skills while growing up. Not in school and definitely not from our folks.

Did you know that 1 in 6 Canadians have more money going out (Expenses), then coming in (Income). This is according to the government of Canada’s 2019 survey. Isn’t …

The Truth About Canadians Working from Home

There is a lot of discussion these days about working from home. Does it really improve your productivity? Or does it kill it instead? If you look at what people say online, especially from our bigger cities like Vancouver and Toronto, there is a tremendous amount of difference in opinions.

A Quick Guide to Short Term Loans in Canada

All About Online Loans

The world has gone virtual and you do not need to be stressed for anything. Even doctor visits can be completed online, and there are now several ways to access loans online. There are different loan options available online, from a personal loan to a payday loan to balance your account.

Online loans are the rave because they are convenient and quick. You can access a loan straight from a …

Small Loans - My Canada Payday

What is an Open Loan?

Secured, unsecured, fixed rate, variable rate, closed, open—there are tons of different kinds of loans out there. Choosing the right loan for you means first understanding what the requirements for these loans are, and then applying those requirements to your unique financial situation. Not every loan is going to be a perfect match for your needs!

What is a Vig on a Loan?

Simply put, vig is a slang term that is used to describe the interest rate for a loan. If someone asks, “What’s the vig on the loan?” what they are really asking is, “How much money are you paying in interest for your loan?” In a world like The Sopranos, however, where loan sharks are everywhere, they’re referring to interest paid in cash. And for loan sharks and characters like Tony Soprano, the vig is straight profit.

How Do I Know if a Loan Company is Legitimate?

Don’t make the mistake of choosing a lender that isn’t legit—you could end up paying much more than just the cost of your loan. In our blog, we’ll show you the top criteria to look out for when evaluating a lender to make sure you are working with a legitimate company.

How to Get Payday Loans for People on Disability

Payday loans are a great way to help bridge the gap from one paycheque to the next—but what happens when you are out of work? Can payday loans also help supplement disability payments?

If you or someone you know are on disability and aren’t sure how the payday lending process works, you’re not alone! In this blog we’ll talk about why payday loans for people on disability are so useful and, most importantly, how you can get them.