-
Please review our code of conduct. About IEF
Investor Education Fund (IEF) is funded by the Ontario Securities Commission to develop and promote tools and resources that help people make smarter financial decisions. GetSmarterAboutMoney.ca is IEF’s public educational website.Recent Tweets
Find us on Facebook
Get smarter while you get social. Invite your friends to financial freedom.
Tag Archives: credit
Stay up to date with our tips and posts by subscribing to our RSS feed!
Teaching Kids about Credit History and Good Debt vs. Bad Debt
In my last blog post, we reviewed the essential information your kids need to know about credit and how to use credit cards responsibly. We also noted that one of the benefits for teens and young adults of using a credit card is that it allows them to build a credit history. MORE
Teaching Kids about Credit and Credit Cards
If you’re like me, you probably use your credit card often. Using a credit card to pay for your daily purchases is much more convenient and secure than using cash. MORE
Tagged credit, Credit Cards, Fees, Interest
What Happens When You Can’t Qualify
If your mortgage application has been declined, it’s probably due to low income, too much debt or bad credit. Here are some ideas of what you can do if you’re getting declined. MORE
Past the Point of Negotiating
Sometimes negotiating doesn’t work. So, depending on your interest rates, you may want to consider a consolidation loan or debt transfer to a line of credit. A consolidation loan places all your debts into one loan at a lower interest rate, allowing you to make one monthly payment instead of multiple payments. MORE
Tagged Collateral, Consolidation, credit, Interest, Loan







