Tag Archives: credit cards

High-cost installment loans are an important source of short-term cash for many Canadians, but they also add to financial consumer vulnerability. High borrowing costs can create an endless cycle of debt for consumers who are already struggling to make ends meet. By lowering the criminal rate of interest, the permissible …

Let’s be honest, it is psychologically painful to part with our cash. After all, it is the fruit of our sweat and blood. However, just like many other things, technology has provided a solution for anesthetizing this psychological pain too. With the introduction of credit cards, the payments have turned …