All loans are subject to credit and underwriting approval. Further documentation may be requested from you. Canadian Cash Solutions is not a lender but a lead referral company and may be compensated for its referrals. Loans range from $300-$2.1 million (additional for mortgages) with terms of approximately 2 months to 72 Months (additional for mortgages). APRs range from 2.5% to 29% and will be dependent upon our partner's assessment of your credit profile. For example, on a $1200 loan paid monthly over 12 months, a person may pay $114.05 per month for a total of $1368.64 over the course of the entire loan period. This amount includes our partner's optional loan protection policy. In the event of a missed payment, you are subject to an insufficient funds fee from about $30-$70 (dependent on the lender). Once a loan is in default, your payment plan will be terminated. Different collection methods may be employed to collect your remaining balance. Failure to pay will result in possible legal action and any outstanding debt may be pursued by the full extent of legal options. Our lenders employ fair collection practices.
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.
Six Obvious Ways to Save Money
Every night we plan on making a change. We dream of being able to stay on top of our budgets and of managing our money more effectively.
Here we have a quick guide to managing and saving your money successfully:
Develop a budget plan
The very first step towards taking control of our finances is by setting up a budget.
Although, this takes the least amount of effort, it is a great way to monitor the money you have coming in and going out. By setting up a budget, you can manage your debt, maintain a good credit rating and are able to come up with ways to increase your savings.
Gather everything you need
In order to get started, make note of your living costs, household bills, and travel & leisure expenses.
Another great way of setting up a budget would be to make use of the many apps and websites readily available in the market.
Stick to your budget.
This may be the hardest part. However, if you don’t stick to your budget, you will soon realize that you are barely breaking even with the expenses and that at some point, you might not be able to survive the month.
If you have a family, chances are that you might not be able to stick to your budget, unless you get your family members involved.
So, sit down, discuss the many aspects of your budget and polish your plan, so that everyone can easily stick to it. Work out and come with a spending limit and encourage everyone to abide by it.
Cut down your expenses
Sticking to a budget, might not be the absolute goal for some of you. We suggest that you devise ways in which you can cut down your expenses. Perhaps there is a landline phone that you don’t use? Get rid of you. We also suggest cooking meals at home and avoiding spending extra on food. Shopping around for a cheaper mortgage or reviewing what you already have can also help reduce your expenses.
Pay off the plastics
It is very important for you to pay off any credit cards bills or loans that you owe. By doing so, you can maintain your credit score. Start by paying the debts that are accruing the highest interest rate first and proceed in descending order.
Everything in life is unpredictable. It is absolutely fine if you are faced with few bumps along the way. You should focus on the bigger picture & re-evaluate your budget and spending limits each time it is necessary.