Equiloan

UNDERSTANDING THE BENEFITS OF A HOME EQUITY LOAN

10 Nov, 2020

Many Canadians have had to change the way they live because their income has been impacted by the pandemic. These changes could be detrimental to their credit. This has been called 'the 2020 depression' which has made Canadians want to understand how their money can help improve their lives.

USING A HOME EQUITY LOAN TO HELP YOUR FAMILY BUY THEIR FIRST HOME

18 Nov, 2020

Helping family is what life is all about but sometimes they need more financial help than you can manage.

Buying property is the perfect example. If your kids or another close relative need help buying a home, you may need more capital than you have available.

REDUCING DEBT IN A PANDEMIC

24 Nov, 2020

With the second wave of COVID-19 cases, it’s safe to say many Canadians are struggling through the pandemic. Managing finances is hard enough and the idea of improving your financial situation or growing wealth may seem like a pipedream.

However, at Equiloan we would argue NOW is the time to start. Below are some tips that will help you reduce bad debt, optimise good debt, increase income streams and build long term wealth.

TIPS TO CONSOLIDATE DEBT AFTER THE HOLIDAYS

1 Jan, 2021

Though the economy has been going through challenges due to COVID-19 and many people during this time have lost their livelihood, Black Friday was still a success for retailers, and Christmas shopping is expected to have a strong performance as well