By: Lucy Zemljic on April 28, 2014

For many people, the decision to use credit cards is a no-brainer. Given the option of only-paper-forever or only plastic, many of us would surely cling to our MasterCards and Visas. In a society that’s become more and more dependent on credit cards, there are a few basic questions that seem to crop up a lot, and perhaps none more so than “how many is too many?”

By: Lucy Zemljic on April 25, 2014

Earlier in the week, we covered the ins-and-outs of secured credit cards, and how they can help you get a fresh start on your finances. While that option may work well for someone new to the workforce or recovering from a personal bankruptcy, it doesn’t really help you if you’re wading through debt left over from other cards. That’s where a low balance transfer credit card can come in handy.

By: Thomas Sigsworth on April 17, 2014

Spring is in the air, which means it’s once again time for the Office of the Superintendent of Financial Institutions (OSFI) to call for tighter lending standards in Canada.

Last May, OSFI officials mused about reducing the maximum amortization period for mortgages from 35 years to 25 years, while in the spring of 2012, the regulator imposed more rigorous mortgage underwriting guidelines on banks. 

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By: Lucy Zemljic on April 7, 2014

St. James Town has been called many things over the years. The Toronto neighbourhood has been deemed Canada’s most densely populated community, and because of the wide range of immigrant populations, is sometimes even known as “the world within a block”.

Nestled between Parliament, Sherbourne, Wellesley and Bloor, in the northeast corner of Ontario’s capital, this neighborhood has history that goes all the way back to the 1870's. But despite its rich history, cultural diversity, and downtown location, St. James Town has had a difficult past, and is facing an uncertain future.