Search found 20 matches
- Wed Jul 23, 2008 7:04 pm
- Forum: Banking
- Topic: What is your favorite Canadian bank?
- Replies: 6
- Views: 11245
I had chequing account with CIBC, which I wasn't using, and it was a real pain to close it. I wouldn't recommend CIBC to anybody, especially considering their dire financial situation.
First you have to stop accumulating debt. Then you have to start paying off the credit card with the highest interest rate. Once you've done that, move to the next card, until you are debt free. You'll have to learn to live within your means, and not buy useless stuff. I couldn't have said it bette...
- Wed Jul 23, 2008 6:59 pm
- Forum: Business Finance
- Topic: starting a small business - what should I know
- Replies: 2
- Views: 6173
Here is a good government resource site that can help you with your questions about starting a small business in Canada:
- Wed Jul 23, 2008 6:58 pm
- Forum: Credit Cards
- Topic: Canceling credit card - can I do that?
- Replies: 1
- Views: 2769
Of course you can close it. This might affect your credit score, if this was one of your first credit cards, and one of your first credits in general. For example if this was your first credit card and your first credit ever and you had it for 10 years, and your second credit line was obtained 5 yea...
- Wed Jul 23, 2008 6:54 pm
- Forum: Mutual Funds
- Topic: What is the best choice for a two year investment?
- Replies: 3
- Views: 7589
There is no general best investment valid for everybody. People with high risk tolerance have different favourite investments compared to let's say retirees. I personally don't think that bonds will do well in the next several years, but I might be wrong.
Are you talking about 25 years fixed mortgage or about mortgage with 25 year amortization, with locked rate for 5 years for example? I've just check on RBC's website and they advertise 25 closed mortgage rate of 8.55%, but you'll have to call to find out their special rates (presumably lower). The ...
I don't think that authorized users receive credit along with the primary credit card holder. You can simply call any of the 3 major Canadian credit reporting bureaus and they can confirm that.