Loans taken through referrals of Canadiancashsolutions will be subject to credit and underwriting approvals. Canadiancashsolutions is a leading mentor company and not a lender. Canadiancashsolutions only works with financial service providers that adhere to Canadian laws and regulations. Loans disbursed are from $500-$35,000 with terms from 4 months to 60 months or longer. APRs expand from 2.99% to 46.96% and will depend on our lending partner's assessment and evaluation of your credit profile. For instance, on a $500 loan amount to be paid over a period of 9 months, a borrower will pay $81.15 per month totalling $730.35 over a period of 9 months (Optional loan protection policy included). An insufficient fund fee of $45 will be charged per missing payment ( fee may vary depending on the lender). Failure of any sort shall lead to termination of the payment plan. For recovery of the remaining amount, collection methods will be used.
Fair recovery and collection practices are employed by our partners.
Note: Canadian Cash Solutions and its affiliates will never ask or charge you any pre-qualification or application fees. Canadian Cash Solution is not a lender but a leading referral company in the finance industry. Canadian Cash Solutions and all of its financial partners adhere strictly to Canadian laws and regulations. To protect yourself, read more on this topic here.
5 Ways to Double Your money
Do you want to make more money? Canadian Cash Solutions offer 5 Ways to Double Your money?
Who doesn’t wishes for their money to double over the night? We sure do. However, this is not possible if your money stays there sitting in your pocket.
Unlike scams that make false promises like “Double your money, fast! We have five (5) tried & tested method of doubling your money:
Invest in a 401 (k) plan
The safest and the easiest way to double your money is by setting up a 401 (k).
Not only does putting money in 401(k) plan reduces income taxes it also provides you with an opportunity to increase the amount when you employers match your contributions.
Purchase Bonds
Bonds are like fixed-income investments. They are loans that you offer to a company or the government in exchange for interest payments. Purchasing bonds are a good way of more money from the money that already process. However, as nothing comes without risks, you are at the risk of losing your money in case the company that you invest in goes down. “The two main functions of bonds in an individual’s portfolio (and not as free-standing assets) are hedging against equity risk and generating steady income”
Real Estate
If you like risks, we suggest that you set your eyes on foreclosures and retain a house as a rental. While the rent will cover the mortgage, any additional amount could be a surplus.
Stocks
Although stocks come with a risk of fluctuations and it might take some years to double your money, but if you invest wisely, you could make a hefty amount. “The historical average annualized return of the S&P 500 index from 1926 to 2010 was about 12 percent. At 12 percent rate of return, you could double your stock market investment in six years.”
However, it is important to note that stocks fluctuate and require a lot of patience.
Set up a small business
Successful businesses not only double your base wealth, but they also provide you with a steady source of income. If you’re already working a full-time job, you can always set up a small side business with a friend or partner. However, make sure that you give your business, no matter how small, enough time and effort. Many small businesses fail due to owners’ lack of time and dedication to the cause.