Bad Credit Loans » Canadian interest rates

3 Signs Interest Rates May Rise Again in 2017

Miriam Berman — Wed, 30 Aug 2017 09:07:46 +0000

By now you are probably well aware that Canadian interest rates have increased already once this year. . . with July being the first increase in seven years. With the benchmark interest rate moving upwards from 0.5% to 0.75%, this has already had various implications for Canadian borrowers. While borrowers are beginning to adjust to

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Mid-Year Review – Will Canadian Interest Rates Rise in 2017?

Miriam Berman — Wed, 26 Jul 2017 21:59:51 +0000

Since the start of the new year, you have been managing your finances. It is always a good idea to look back on your financial progress over the last few months and identify how effectively you have been in at this goal. Well, now that we are just a little over the midway point of

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Will the Canadian Interest Rate Rise in 2016?

Miriam Berman — Sat, 15 Oct 2016 01:05:18 +0000

One question sure to be on the minds of many Canadians is whether or not interest rates will rise in 2016? Since the prime rate set by the Bank of Canada (BoC) has continued to drop, including the further dip it took back in July – many individuals wonder whether or not this points to

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Surprise! The Bank of Canada Lowers Interest Rates

Miriam Berman — Fri, 27 Feb 2015 00:18:31 +0000

…what does this mean for me? In recent financial news – something rather surprising happened this January. Last month, the Bank of Canada decided to lower interest rates. This was the complete opposite of what had been anticipated by many Canadians, with many believing the rate would rise this year – financial experts included. The interest

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Will interest rates rise in 2015?

Miriam Berman — Thu, 08 Jan 2015 19:04:19 +0000

The Impact on loans for Bad Credit and Credit Card Debt Dating back to reports released by the Bank of Canada in December, the discussion of raising interest rates in 2015 came up once again. Now as we have seen already a couple of weeks into the new year, the rates still remain the same.

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When will Interest Rates go Up in Canada?

Miriam Berman — Fri, 19 Dec 2014 21:42:43 +0000

While there has been some speculation about when interest rates will start to go up – it sure is something that seems to be on a lot of people’s minds. A large group of individuals that are perhaps concerned about this seemingly predictable inevitability, are those Canadians who are currently living with bad credit. While

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