Français du Canada How We Handle Late Payments and Recover Investor Money
One of the questions we hear most often from prospective investors is: “What happens if a borrower stops making payments?” It’s a fair question. When people first learn about peer-to-peer lending, they sometimes assume that a late loan is simply lost, or that once a loan is funded, the platform has little incentive to stay involved. […]
The Psychology Behind Spending and Saving
Most of our decisions aren’t made logically. Even when we don’t realize it, our mind plays tricks on us and influences our decisions more often than we would like. It happens in our careers, relationships, and even financial decisions are often influenced by more than facts and objectivity. Even when we know what we should do, save more, spend more intentionally, and invest […]
Where Canadians Are Actually Struggling Financially Right Now
Managing money has always had its challenges, but lately, many Canadians are experiencing increased financial pressure. Between rising costs, higher interest rates, and broader global uncertainty, many Canadians are feeling it in multiple areas at once. Cost of living is still the biggest pressure Even as inflation slows, everyday costs remain elevated. According to Statistics Canada, the Consumer […]
Why Canadians Borrow More in the Spring Than Any Other Season
Spring is undoubtedly one of the busiest seasons there is. The cold is finally starting to subside and with the heat comes the flurry of spending as well. It’s a no brainer, the weather is finally warming up so things like home renovations, moves, travel planning, and seasonal expenses converge, making it one of the busiest seasons for consumer lending as well. […]
Financial Scams Are Getting Harder and Harder to Spot
*Take the quiz at the end of this blog to see if you’re as scam-savvy as you think! Financial scams are nothing new. Over the years, there have been countless new ways other people are trying to pull one over on others. What’s worse, we often only hear about it once it’s happened to loads of people, and by then, a new scam is already on the […]
How to Enter the New Year With More Financial Clarity and Less Stress
It’s the beginning of a new year once again and it’s a natural moment to reset your finances and bring a bit more attention to how you manage your money. We typically feel the mix of motivation and pressure at the start of any year and it’s completely natural. We’re thinking about a million little […]
Is an RRSP Loan a Smart Move for You?
As the deadline for RRSP contributions approaches, many people find themselves thinking the same thing: they want to contribute more, but cash flow can feel tight—especially this time of year. Everyday expenses, rising costs, competing priorities, and the recent holiday season can make it difficult to come up with a lump sum for your RRSP. […]
What Canadians Regret the Most About Their Finances
Regret is such a powerful thing. It can be subtle, from the small decisions that we decided to delay or the habits we regret not building earlier. But understanding regret is such a powerful thing for us to avoid repeating those patterns as you move into the next year. Financial Regrets “I wish I saved […]
How to Plan for December Without Derailing Your Finances
The holidays are upon us once again and along with the joys of spending time with loved ones, eating good food, and presents come the inevitable spending. It’s a wonderful time to treat yourself and the people you love, after all, this is a big part of why we work so hard. Canadians are planning […]
Trick or Treat: What Really Builds Wealth
When it comes to building wealth, everyone has something to say. There’s no shortage of myths masking as solid advice. From financial advice from random TikToks to unspoken “rules” that everyone has somehow adhered to, it’s easy to get lost in the noise. In this post, let’s unmask some common myths about building wealth and […]