What Is Debt Forgiveness in Canada? Your 2026 Options
Debt forgiveness in Canada explained: what it means, which debts qualify, the real options (consumer proposal, settlement, bankruptcy), scams to avoid, and tax impact.
Variable vs Fixed Mortgage in Canada: Ultimate Guide in 2026
By Jason Williams, Personal Finance Editor at Loanspot.ca · Published December 2025 · Last updated June 2026 Variable vs fixed mortgage — which should you choose? It comes down to your risk tolerance. A variable vs fixed mortgage choice pits lower starting rates that have historically won 70–90% of the time against the locked-in, predictable […]
Porting a Mortgage: Everything You Need to Know
By Jason Williams, Personal Finance Editor at Loanspot.ca · Published 2024 · Last updated June 2026 Can you take your mortgage with you when you move? Yes — porting a mortgage lets you transfer your existing rate and terms to a new property in Canada, so you avoid breaking your mortgage and paying a prepayment […]
How To Cancel A Credit Card
By Jason Williams, Personal Finance Editor at Loanspot.ca · Published 2024 · Last updated June 2026 Does it hurt your credit to cancel a credit card? It can. When you cancel a credit card you lower your total available credit and can shorten your credit history, which may dip your score. Done the right way, […]
How To Get Out Of A Car Loan In Canada
By Jason Williams, Personal Finance Editor at Loanspot.ca · Published December 2025 · Last updated June 2026 Want to get out of a car loan in Canada? You cannot simply hand back the keys and walk away, but you do have several legitimate ways to get out of a car loan: refinance to a lower […]
What Credit Score Do You Need for a Car Loan in Canada?
By Jason Williams, Personal Finance Editor at Loanspot.ca · Published 2024 · Last updated June 2026 How much does your credit score matter for a car loan? A lot — but it is not everything. In Canada you can get a car loan across a wide range of credit scores, from the 800s down into […]
How to Buy a House With Bad Credit in Canada (2026)
How to buy a house with bad credit in Canada: minimum credit scores, down payments, B-lenders and private lenders, co-signers, and strategies to get approved.