_completed consumer proposal 700450X THUMBNAIL (3)
Why Your Credit History Sucks After Completing a Consumer Proposal, and What You Can Do About It
A horrible credit score after finishing a consumer proposal isn't necessarily your fault. Many who've completed a consumer proposal are surprised to learn that numerous mistakes on their credit report ...
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Mortgage Stress Test
How To Bypass Canada’s Mortgage Stress Test When It Gives a False Negative
Canada's mortgage stress test was designed to help ensure Canadians don’t overstep their financial means. However, there are special cases where it makes sense to bypass this process, yet still ...
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Save 100k good hygiene
Good Credit Hygiene Saves Over $100K On Typical Mortgage
Many services are available to give Canadians free access to their credit scores, but the problem is they all provide different results. No industry standards exist to ensure credit score ...
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COVID-19

improve credit in canada fast
How to Fix or Rebuild Credit Fast in Canada
Situations often arise where a new mortgage application, or car loan/lease, is impacted by a credit score that's lower than ...
Read More
Financial Wellbeing
COVID-19 Impact on Canadians’ Financial Well-Being
Running commentary and news updates on COVID-19's impact on banking, real estate, mortgages, government relief programs, personal credit, and other ...
Read More
EI/CERB Updates
COVID-19 EI Benefits and CERB Updates — Q & A from Soc...
Stay at home orders have forced many Canadians to be temporarily out of work and collecting government benefits for the ...
Read More
Renew Mortgage
COVID-19 Q & A: Is It Possible to Renew a Mortgage While In ...
A reader asks whether COVID-19 has affected her ability to renew a mortgage while still in a consumer proposal, and ...
Read More
Financial Q&A
COVID-19 Financial Questions and Answers
A running thread of reader questions and our answers and research about the impact of COVID-19 on your finances ...
Read More

 

mortgages 101 700450X THUMBNAIL
Mortgages 101 — What You Need to Know Before Applying For a...
Most first-time buyers lack sufficient funds to purchase their home outright and require loan financing (a mortgage) to make it ...
Read More
Save 100k good hygiene
Good Credit Hygiene Saves Over $100K On Typical Mortgage
Many services are available to give Canadians free access to their credit scores, but the problem is they all provide ...
Read More
Cost of private mortgage
What Does a Private Mortgage Cost?
Private mortgages have a number of costs you may not expect, and different terms and benefits than traditional mortgages. Rather ...
Read More
FAQ Private Mortgage
Private Mortgage FAQs: What Is a Private Mortgage and When Would ...
Despite increasing in market share by nearly 50% in less than a year, most Canadians don't know what private mortgages ...
Read More
Mortgage Stress Test
How To Bypass Canada’s Mortgage Stress Test When It Gives a...
Canada's mortgage stress test was designed to help ensure Canadians don’t overstep their financial means. However, there are special cases ...
Read More
consumer proposal 700450X THUMBNAIL
What is a Consumer Proposal?
Consumer proposals are an important part of the Canadian insolvency process, and are the main alternative to filing for bankruptcy ...
Read More
home equity
Using Home Equity Loan to Pay Off CRA Tax Debt
Tax arrears Is a debt that can't be negotiated away, with a creditor you can't afford to ignore. It's never ...
Read More
mortgage pre approval 700450X THUMBNAIL (2)
Mortgage Pre-Approval in Canada: What It Is & How to Get it
Mortgage pre-approval is used by lenders to “vet” borrowers and estimate spending ability for a home purchase. Seven factors determine ...
Read More
first time 700450X THUMBNAIL
First Time Home Buyers Ontario: Everything You Need to Buy Your F...
In this primer for first time homebuyers, we examine how you know you're ready to take the leap, 7 steps ...
Read More
mortage renewal 700450X THUMBNAIL
Can You be Denied a Mortgage Renewal? Mortgage Renewal Advice fro...
Canada's mortgage stress test and a new international accounting standard -- IFSR 9 -- are creating tremendous uncertainty for mortgage ...
Read More
mortage renewal 700450X THUMBNAIL (1)
Mortgage Renewal Tips For Ontario
Auto-renewing your mortgage is easy, but can be a very poor financial decision. These top 3 mortgage renewal tips will ...
Read More
https://askross.ca/alternative-mortgage-lenders-canada-bad-credit-private-second-mortgages/
Alternative Mortgage Lenders Canada: Bad Credit, Private & ...
The media paints alternative lenders as shadowy, less-than-reputable lenders who prey on desperate homebuyers. We look at the important role ...
Read More
Buying a Home After a Consumer Proposal
Buying a Home After a Consumer Proposal
Buying a home after a consumer proposal is a real possibility, but you must prepare for the credit history challenge ...
Read More
buy home post consumer 700450X THUMBNAIL (1)
Two Ways to Pay Off Your Consumer Proposal Early
Should you pay off your consumer proposal early? Before you filed your consumer proposal, your debts were out of control ...
Read More
co-signing a mortgage myth700450X THUMBNAIL
The Myths About Co-Signing For a Mortgage
What makes a strong mortgage co-signer? Not a great job, nor huge equity with tiny mortgage, nor a fantastic credit ...
Read More
canada private mortgages 700450X THUMBNAIL
Private Second Mortgage Solved Big Problems
Private mortgages are great tools for solving specific types of problems. Homeowners who need to consolidate debts or pay off ...
Read More
BEST MORTGAGE CONSUMER 700450X THUMBNAIL
Early Pay Off Of Consumer Proposal Led To Best Mortgage Possible
When the bank said 'no' to mortgage renewal because of a consumer proposal, switching to an alternative lender and paying ...
Read More
review credit history 700450X THUMBNAIL
You Must Review Your Credit History Before a Mortgage
Discovery of errors on a credit report at the last minute could have cost homebuyers the home they wanted if ...
Read More
REFINANCE 700450X THUMBNAIL
Why Refinancing Makes Sense
Refinancing your mortgage can be a great tool to achieve many different financial goals, from saving money by lowering your ...
Read More

 

All Articles

_completed consumer proposal 700450X THUMBNAIL (3)
Why Your Credit History Sucks After Completing a C...
A horrible credit score after finishing a consumer proposal isn't necessarily your fault. Many who've completed a consumer proposal are ...
Read More
mortgages 101 700450X THUMBNAIL
Mortgages 101 — What You Need to Know Before...
Most first-time buyers lack sufficient funds to purchase their home outright and require loan financing (a mortgage) to make it ...
Read More
Financial Q&A
COVID-19 Financial Questions and Answers
A running thread of reader questions and our answers and research about the impact of COVID-19 on your finances ...
Read More
Renew Mortgage
COVID-19 Q & A: Is It Possible to Renew a Mor...
A reader asks whether COVID-19 has affected her ability to renew a mortgage while still in a consumer proposal, and ...
Read More
EI/CERB Updates
COVID-19 EI Benefits and CERB Updates — Q &#...
Stay at home orders have forced many Canadians to be temporarily out of work and collecting government benefits for the ...
Read More
Financial Wellbeing
COVID-19 Impact on Canadians’ Financial Well...
Running commentary and news updates on COVID-19's impact on banking, real estate, mortgages, government relief programs, personal credit, and other ...
Read More
Save 100k good hygiene
Good Credit Hygiene Saves Over $100K On Typical Mo...
Many services are available to give Canadians free access to their credit scores, but the problem is they all provide ...
Read More
Cost of private mortgage
What Does a Private Mortgage Cost?
Private mortgages have a number of costs you may not expect, and different terms and benefits than traditional mortgages. Rather ...
Read More
When Is a Private Mortgage the Best Solution?
When Is a Private Mortgage the Best Solution?
Published: • This is the second in a three part series of articles discussing private mortgages. Private mortgages are becoming ...
Read More
FAQ Private Mortgage
Private Mortgage FAQs: What Is a Private Mortgage ...
Despite increasing in market share by nearly 50% in less than a year, most Canadians don't know what private mortgages ...
Read More
Reverse Mortgages (55 yrs+)
If You Have Considered a Reverse Mortgage, Now Might Be the Best Possible Time to Tap Into Your Home Equity ...
Read More
The Toronto Real Estate Market Is Alive and Well
The Toronto Real Estate Market Is Alive and Well
Published: • Surge of Active Buyers, Supply Shortage Making Toronto a Frothy Market Normally the real estate industry becomes really ...
Read More
Mortgage Stress Test
How To Bypass Canada’s Mortgage Stress Test ...
Canada's mortgage stress test was designed to help ensure Canadians don’t overstep their financial means. However, there are special cases ...
Read More
Text:Rising Interest Rates And Your Mortgage Background: Well-lit home in the evening
Rising Interest Rates and Your Mortgage
Published: • Since the summer of 2017 we have seen the Bank of Canada Prime interest rate increase five times ...
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Rebuilding Credit After a Consumer Proposal or Bankrupcy
Rebuilding Credit After Consumer Proposal or Bankr...
Published: • There is no question after you file a consumer proposal or personal bankruptcy, your credit score is going ...
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consumer proposal 700450X THUMBNAIL
What is a Consumer Proposal?
Consumer proposals are an important part of the Canadian insolvency process, and are the main alternative to filing for bankruptcy ...
Read More
home equity
Using Home Equity Loan to Pay Off CRA Tax Debt
Tax arrears Is a debt that can't be negotiated away, with a creditor you can't afford to ignore. It's never ...
Read More
Is Mortgage Pre-Approval Worth It
Is Mortgage Pre-Approval Worth It
Whether shopping for a new home, have a mortgage renewal coming up, want to refinance or just want to know ...
Read More
mortgage pre approval 700450X THUMBNAIL (2)
Mortgage Pre-Approval in Canada: What It Is &...
Mortgage pre-approval is used by lenders to “vet” borrowers and estimate spending ability for a home purchase. Seven factors determine ...
Read More
first time 700450X THUMBNAIL
First Time Home Buyers Ontario: Everything You Nee...
In this primer for first time homebuyers, we examine how you know you're ready to take the leap, 7 steps ...
Read More
improve credit in canada fast
How to Fix or Rebuild Credit Fast in Canada
Situations often arise where a new mortgage application, or car loan/lease, is impacted by a credit score that's lower than ...
Read More
How to Improve Credit Score in Canada: Tips, Myths & Real Case Studies
How to Improve Credit Score in Canada: Tips, Myths...
Published: •  Here in Canada, your credit score always matters — even when you are applying for a mortgage ...
Read More
mortage renewal 700450X THUMBNAIL
Can You be Denied a Mortgage Renewal? Mortgage Ren...
Canada's mortgage stress test and a new international accounting standard -- IFSR 9 -- are creating tremendous uncertainty for mortgage ...
Read More
mortage renewal 700450X THUMBNAIL (1)
Mortgage Renewal Tips For Ontario
Auto-renewing your mortgage is easy, but can be a very poor financial decision. These top 3 mortgage renewal tips will ...
Read More
https://askross.ca/alternative-mortgage-lenders-canada-bad-credit-private-second-mortgages/
Alternative Mortgage Lenders Canada: Bad Credit, ...
The media paints alternative lenders as shadowy, less-than-reputable lenders who prey on desperate homebuyers. We look at the important role ...
Read More
Text: Getting a Mortgage After Consumer Proposal Background: Image of an office/living room wih computer featured prominently
Getting a Mortgage After a Consumer Proposal
Published:   •  Is It Possible To Get a Mortgage After a Consumer Proposal? Yes, But ... Suppose you were ...
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Buying a Home After a Consumer Proposal
Buying a Home After a Consumer Proposal
Buying a home after a consumer proposal is a real possibility, but you must prepare for the credit history challenge ...
Read More
Using Home Equity Loan & Mortgage Refinancing to Pay Off Your Consumer Proposal Early
Using Home Equity Loan & Mortgage Refinancing...
If you are a homeowner in the middle of a consumer proposal, did you know you can get a home ...
Read More
buy home post consumer 700450X THUMBNAIL (1)
Two Ways to Pay Off Your Consumer Proposal Early
Should you pay off your consumer proposal early? Before you filed your consumer proposal, your debts were out of control ...
Read More
co-signing a mortgage myth700450X THUMBNAIL
The Myths About Co-Signing For a Mortgage
What makes a strong mortgage co-signer? Not a great job, nor huge equity with tiny mortgage, nor a fantastic credit ...
Read More
The Bi-weekly Mortgage Payment Myth
The Bi-weekly Mortgage Payment Myth
Published: • The bi-weekly mortgage payment myth Once you are approved for a mortgage, your lender’s representative will ask you ...
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canada private mortgages 700450X THUMBNAIL
Private Second Mortgage Solved Big Problems
Private mortgages are great tools for solving specific types of problems. Homeowners who need to consolidate debts or pay off ...
Read More
BEST MORTGAGE CONSUMER 700450X THUMBNAIL
Early Pay Off Of Consumer Proposal Led To Best Mor...
When the bank said 'no' to mortgage renewal because of a consumer proposal, switching to an alternative lender and paying ...
Read More
After A Marital Split, Arranging A Mortgage Can Be...
Published: • Getting a Mortgage After a Split Can Be Difficult When You Pay Child Support or Alimony After a ...
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The Difference Between Down Payment And Deposit
Published: • The Meaning of Down Payment VS Deposit can be confusing... First-time buyers can sometimes get confused by the ...
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35 year am may reduce mortgage payment by ten perc...
Home Prices Are On The Rise - Affordability is a Big Issue The thirty-five year amortization period mortgage is a ...
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When You Co-sign, The Borrower Now Controls Your C...
Published: • Co-signing Someone Else's Mortgage Leaves You Vulnerable To Potential Credit Problems I met a couple recently who want ...
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Think Outside Of The Bank
Published: • Your Bank Isn't Always The Best Choice For A Mortgage Most of us have accounts with a chartered ...
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No credit history qualified for a mortgage
With Careful Planning and Execution, You Can Go From Zero To a Great Credit Score Quickly Five months ago, Arun Kumar ...
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You Should Open An Account With CRA
Why Everyone Needs An Account With CRA, and How To Open One These days dealing with the Canada Revenue Agency ...
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review credit history 700450X THUMBNAIL
You Must Review Your Credit History Before a Mortg...
Discovery of errors on a credit report at the last minute could have cost homebuyers the home they wanted if ...
Read More
Thirty Ways To Save Money
ASKROSS's Top Thirty Tips For Being 'Casually Frugal' With Your Money In my financial planning and credit counseling businesses I ...
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Give your kids an inheritance with warm hands
Reverse Mortgages: A way for seniors to gift money to loved ones According to HomEquity Bank almost 5% of their clients ...
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Ten Facts About Reverse Mortgages
Top 10 Things You Need To Know About Reverse Mortgages In Canada There’s a lack of information around reverse mortgages, ...
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Mortgage Portability Can Be a Borrower’s Lif...
Always Ask Whether the Mortgage You Are Offered Includes a Portability Clause A buyer called me recently to pre-approve him ...
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Repair Bad Credit For Future Mortgage
Two Years To Go From Nothing To Credit Score Good Enough For an 'A Lender' Janet bought her first house ...
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Two Credit Cards Are Better Than One
Using Two Credit Cards to Optimize Your Credit History The other day a reader wrote in and asked "is it ...
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Explain Mortgage Amortization Period and Term
Published: • Mortgage Vocabulary: What's the Difference Between 'Amortization Period' and 'Mortgage Term'? Mortgage professionals often fall into the trap ...
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Tenants Need Good Credit Too
High-Quality Credit Score Just As Essential to Renters As Home Buyers If you have rented an apartment in the past, ...
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How To Stand Out From Other Rental Applicants
Presenting Yourself As Most Desirable Renter Is Key To Winning Your Desired Apartment Renting a place to live is not something you ...
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Fixed or Variable Rate Mortgage
Fixed Rate Mortgages Are Preferred vs. Variable Rate Mortgage, But Why? Most people select a five year term when buying, ...
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Assignment Of Purchase May Mean Difficult Mortgage
Published: • Mortgage Lenders are not always comfortable with assigning a mortgage Some people sign up to buy a new ...
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Rebuild Credit Well Before Buying A Home
Published: • Don't Wait Until You're Ready to Buy a House to Renovate Your Credit Scores Because we are credit ...
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Don’t listen to interest rate predictions
Why You Shouldn't Put Much Stalk In Interest Rate Predictions Personally, I don’t put much stock in predictions, unless they ...
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Fulfill your mortgage conditions as soon as possib...
If your mortgage conditions are not met, some lenders will not close on your desired day Everyone in the mortgage ...
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Condos Are The New Starter Home
Published: • Traditional Home Now A Luxury; Condos Are Where Most Start A few years ago, mortgage insurers and lenders ...
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Top 7 Reasons to Take Equity From Your Home
Published: • Got equity in your home? 7 ways you can make it work for you One of the nice ...
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Three Ways to Take Equity Out of Your Home
How To Take Equity Out of Your Home When You Need Additional Cash One of the benefits of our bullish ...
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Rebuilding Credit Wants to Buy Home
How can you buy a home in the near future and build your credit at the same time? This morning ...
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Debtors Want To Buy Condo
Can you buy a home after a consumer proposal? Everyone deserves a second chance, and we often hear from people ...
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Secured Visa Application
Using Credit Cards To Start Rebuilding Damaged Credit Each week I receive calls and emails asking me for help in ...
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Borrowing to invest tax efficiently is not news
How can you use equity in your home for investment purposes? Mortgage professionals and financial planners like to trumpet the ...
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Pre approved mortgage denied because of consumer p...
Consumer Proposal can de-rail a pre approved mortgage Today's question came from a reader in Alberta who is currently in a ...
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Introducing the Canadian Personal Finance Hub
Introducing the Canadian Personal Finance Hub I am working on a new free offering - it's a daily personal finance news ...
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What Type Of Mortgage Is Right For You
There is a lot more to choosing your mortgage than simply hammering your banker into submission and nailing the lowest ...
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Rising real estate values creating lots of problems
Rising real estate values creating lots of problem...
How can young people afford to buy homes these days? They can't. Today I want to vent about a few ...
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Never Give Up
Why you should never give up - even when things seem hopeless! If you have never had to count your ...
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Buy first home or repay student loans?
Published: • Reader Asks: "What's the Right Choice? Pay Down Student Debt, Or Save Down Payment For Investment Property?" Today's ...
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First home or student loans?
Should you buy your first home or pay off your student debt? This is part two of the response to ...
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Regular people want to borrow money
Many people think that borrowing more money is the way out of financial trouble Earlier this year, I advertised my ...
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Consumers Spend Too Much On Housing
Buying As Much House As You Can Afford, and Not Working to a Budget Can Set You Up for Failure ...
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No Condition of Financing Nightmare
Published: • Stress of Bidding Wars Drives Homebuyers to Abandon Safety of Financing Condition Multi-offer situations (bidding wars) typically rear ...
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Managing first credit card
My teen has racked up debt on their first credit card! "Dear Ross: As a parent of an otherwise wonderful ...
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7 Secrets About Credit
Published:   •  Important tips about your personal credit history 1. Your credit score changes all the time You can ...
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4 Ways To Buy A Home With No Down Payment
4 Ways To Buy A Home With No Down Payment
Published: • For those who want to buy a home with no down payment From time to time I meet ...
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REFINANCE 700450X THUMBNAIL
Why Refinancing Makes Sense
Refinancing your mortgage can be a great tool to achieve many different financial goals, from saving money by lowering your ...
Read More
Come to the dark side
Credit rating and savings are not always a mortgage slam dunk Anytime someone wants to borrow money – for whatever ...
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Bankruptcy And Mortgage Refinance Not The Answer
Published: • Bankruptcy and consumer proposals may not be an option if abuse of your credit privileges is suspected Recently ...
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Couple Spends More Than They Make
Not Balancing Your Budget Is More Stressful In Long Term Than Taking Your Lumps Now Brian and Susan have down ...
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Force yourself to manage your finances
Force yourself to manage your finances No one else is going to do it for you. It’s one of your ...
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8 Secrets To Raise Money Smart Children
Published: • How Can I Raise Money Smart Children? There are no exceptions – we all have to learn how ...
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Secrets of Financial Success
A Basic Primer For Achieving Financial Strength Throughout Your Life This is intended to be a basic primer for setting ...
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How to manage debts, savings and mortgage
Most of us struggle with finding a balance in our personal finances. A reader recently asked me: "I have a ...
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Build and maintain an awesome credit history
Why is it important to build and maintain an amazing credit history? When the time comes to borrow money (buy ...
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Rebuild Credit Score During Consumer Proposal
Published:   •  William Asks: I'm Paying Off a Consumer Proposal. Was It a Mistake To Stop Using My Secured ...
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Credit Score Needs a Quick Increase
The fastest way to see a boost in your credit score Hi Ross, I have a client who wants to ...
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Income Tax Time
If you're getting income taxes done, you need a great accountant There are a few things in life we all ...
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Unused Tuition Tax Credits
Unused Tuition Tax Credits
How to turn unused tuition tax credits into cash Hi Ross, I have accumulated a large amount of tuition tax ...
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Use credit cards like debit cards with benefits
Can a credit card be your friend with benefits? Only use your credit card when you know you can pay ...
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Credit card charged monthly for phone app
Your Credit Card Company Does Not Always Have Your Back with Unauthorized Charges Dear Ross, my teenage son has a ...
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Trustee In Bankruptcy Catches Mortgage Fraud
A Bankruptcy Trustee Is Opposing a Mortgage That We Were Advised to Register Against My Parents' Home to Protect Their ...
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Must keep the house no matter what
When you're in debt keeping the house is not always possible - but it often is! So many times when ...
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Mortgage Free Retirees Need a Bridge Loan
Getting Bridge Loan When You Have Great Assets and No Need For Mortgage Can Be Problematic Dear Ross: We finally ...
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Bridge Mortgages are Cheap and Convenient
Published: • Need to sell before you close on your new home? A bridge mortgage may be the solution! I've ...
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Lump Sum Prepayment Will Not Lower Mortgage Paymen...
How will a lump sum payment affect my mortgage payments? Dear Ross: I recently inherited $50,000, and would like to make ...
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Marriage break up who gets house
In the event of a divorce, who gets the family home? "I recently asked my husband to move out of ...
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Credit Cards Can be Cheaper Than a Line of Credit
The right credit card can be cheaper than a line of credit Sometimes people ask me how they can arrange an ...
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You Should Understand Mortgage Prepayment Penaltie...
Published: • Banks Often Take Advantage of Unsuspecting Customers With Unreasonable Prepayment Penalties Closed mortgage penalties are typically the greater ...
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Tragic circumstances devastate family finances
No matter how financially responsible you are, illness and tragedy can decimate your finances You never know what’s around the ...
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Important Factors In Selecting Your Mortgage
Not All Mortgages Are the Same: Do You Know How To Choose the Right Options For Your Needs? Contrary to ...
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Homeowners Eliminate Debts Without Declaring Bankr...
Refinancing your home may not cut it anymore Our consumerist society often gulls people into spending beyond their means. In ...
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Tricked into buying a Gentleman’s Club
Beware of being scammed by someone you trust Dear Ross, I have worked in a busy gentleman's club for three ...
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Ellen Roseman’s Fight Back
Ellen Roseman's Fight Back - All about everyday ways that life will cost you and what you can do about ...
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When Do We Get The Keys To Our New House
We Bought A New House - When Do We Get The Keys? Dear Ross, we are buying our first home ...
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Debt Settlement Company Created a Big Mess
Be Wary of Debt Settlement Companies; Stick With Registered Credit Counselors or Bankruptcy Trustees Who Are Professionally Certified and Bound ...
Read More
What is The Difference Between Interest Rate &...
What is The Difference Between Interest Rate & APR? Dear Ross, we recently bought our first home, and we had ...
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How can they pay down their mortgage faster
Want to pay your mortgage down faster? You can, but here's what you need to know Dear Ross, we have ...
Read More
Will a Mortgage Pre Approval Affect My Credit Scor...
If I ask for a pre-approval, will it reduce my credit score? Dear Ross, we are looking around for our ...
Read More
Can you include overtime pay when you apply for a ...
You might be able to include overtime when you apply for a mortgage! Dear Ross, I work at an assembly ...
Read More
Best Prepaid Card in Canada
Best Prepaid Card in Canada
Consider a secured credit card if you need to build or repair your credit There are many reasons why you ...
Read More
The Risks Of Variable Rate Mortgages
Think a variable rate mortgage is a piece of cake? Read this! I just read an excellent analysis by Rob ...
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Huge disparity in consumer proposals
Be careful what you agree to when entering a consumer proposal This week I met two new clients both in ...
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Interview with a trustee (V)
How Does Bankruptcy Affect Business Owners? Acknowledgement: Many thanks to Karen Adler, CIRP, who reviewed and improved this series of posts ...
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Home Inspection Saved a Disaster
Don't Get Swept Up In An Emotional Bidding Frenzy and Forgo Home Inspection A couple of weeks ago, during the ...
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Debt consultants too shady
If a debt consultant makes wild promises, beware! Most trustees in bankruptcy cringe when they hear debt consultants making wild ...
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Interview with a trustee (IV)
What Can You Expect To Hold Onto If You Declare Bankruptcy? Acknowledgement: Many thanks to Karen Adler, CIRP, who reviewed ...
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Be careful entering dollar amounts online
When you're donating online - check the dollar amount before submitting! A couple of days ago a friend sent me ...
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Beware paperless visa statements
Published: • Reader asks: "Will An Accidentally Missed Payment Hurt My Credit If I Paid In Full As Soon As ...
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He wants $2.3 million mortgage
Trying to qualify for a huge mortgage without sufficient income will not work Caller: Hello is that Ross? I just ...
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Interview with a trustee (III)
What Are The Different Types Of Consumer Proposals? Acknowledgement: Many thanks to Karen Adler, CIRP, who reviewed and improved this ...
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Interview with a trustee (II)
What Are The Alternatives To Consumer Proposals and Bankruptcy? Acknowledgement: Many thanks to Karen Adler, CIRP, who reviewed and improved ...
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Interview with a trustee
What Kind Of Relief Can You Get From Debt? Acknowledgement: Many thanks to Karen Adler, CIRP, who reviewed and improved ...
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Guest posts at Preet’s blog
AskRoss on guest blogging on Preet Benerjee's blog Earlier this year, Preet Banerjee asked me  if I would like to ...
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Kudos to Air Canada
Air Canada Gave Me The Red Carpet Treatment Today I screwed up and arrived at Pearson International with only fifty ...
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A good mortgage broker
Published: • Reader Asks: "Can We Work With You As Our Broker If We Live In Kitchener?" Hi Ross: We ...
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Kids take over the parents’ house
How can you take over a mortgage for someone else? Dear Ross: We live with our parents now after selling ...
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Are RRSP’s overstated
Hi Ross, My 18yr old goes into CIBC in Victoria requesting an RRSP account to deposit $50/month Bank says "No, ...
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57 years old mortgage choice
Getting a mortgage isn't always about the interest rate! Dear Ross, I live in Dundas, Ontario, and I am considering ...
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Hotmail Scam
If an email asks you for personal information - be ware! Today I opened my Hotmail account and read an ...
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Turn RRSP contribution room into dollars
Expecting a drop in your income next year? Use your RRSP to generate thousands of tax refund dollars! This is ...
Read More
Bankruptcy court changes
Declaring bankruptcy isn't as difficult as you might think! I always tell clients that declaring bankruptcy is not so difficult ...
Read More
A new fax broadcaster
Ask Ross's Adventures in Marketing via Fax Machine You know those annoying unsolicited faxes you receive in your business fax ...
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Another Happy APA Customer
How to get a new car for dealer cost and with low interest! Last week my daughter Natasha picked up ...
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He wants the BMO rate
If you don't have the income to support a high mortgage, it's not a realistic ask! Me: Hello, this is ...
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Fraud Prevention from CIBC
You can still be a victim of banking fraud even if you take precautions I get teased for treating my ...
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BMO settles down
Could this be the start of a new era of aggressive mortgage pricing? After a hugely successful pricing campaign for ...
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What Revenue Canada likes to audit
Are you at risk for an audit? Find out now! Mark Goodfield, aka The Blunt Bean Counter, is a tax ...
Read More
Are banks snooping
Are budgeting tools offered by banks useful? And do they track what you're inputting? Hi Ross, there are lot of ...
Read More
Bankruptcy information stays in bank system for 10...
Bankruptcies can be on record for 10 years, not 6 Dear Ross: How come TD Bank has notes in their ...
Read More
Mortgage Is Bigger Than Home Value
When your home is less valuable than your mortgage Last month, a friend referred a couple to me who had ...
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Costs even when under warranty
You are at the mercy of your warranty when it comes to small electronics Hi Ross, I’m upset about a ...
Read More
Tax Free Savings Accounts are hot
Experts weigh in on TSFAs (Tax Free Savings Accounts) Many self respecting Canadian personal finance bloggers have written their two ...
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All about Paris
I spent a week in Paris - here's what I learned... Just spent a glorious week in Paris with Svetlana, ...
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No benefit to this secured credit card
This secured credit card does absolutely nothing for your credit score Sometimes the only way to get your credit history ...
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Mortgage insurance or life insurance
How to get an insurance that actually protects you Today’s article content was provided by Michael Bronstine of GBK  Strategic ...
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A conversation with Gail Vaz-Oxlade
#SchoolLenders - Personal finance expert Gail Vaz-Oxlade and Ross Taylor chat on Twitter about irresponsible lender practices Most of us ...
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Dave Chilton new and improved
ROSS Reviews: The Wealthy Barber Returns, by Dave Chilton I knew of Dave even before he published the Wealthy Barber ...
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Financial advisers do you need one
Working with a financial advisor can be rewarding, but do your research first Since I first entered the personal finance ...
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Gossip about mortgage brokers
Published: • What is the real value and role of a mortgage broker? Recently there has been a flurry of ...
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No stress no haggle car purchase
How joining the APA can save you money when buying your next car Svetlana was a bit disappointed. She figured ...
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Long term care insurance do you need it
Do you really need long term care insurance? This is a relatively new product offered by the insurance industry – ...
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Misunderstandings about RRSP’s
What do you need to know about RRSPs? I was approached by a writer from the USA who was doing ...
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How to survive on a single income
You CAN survive and thrive on a single income! Today’s post comes directly from Robb Engen – a prodigious writer ...
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Money management tips for twenty somethings
How to manage your money when you're in your 20's Mike at the Financial Blogger has lots of great material ...
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30 financial moves before you turn 30
What are some financial goals to hit before you turn 30? It’s hard to produce fresh material when you are ...
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Words of wisdom for Generation Y
I particularly enjoy reading Clare’s “Young and Thrifty” personal finance blog. She is a twenty-something who truly is in touch ...
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Best personal finance blog articles July 30, 2011
AskRoss recommends the best personal finance blogs - July 30, 2011 Most bloggers go through an initial phase where they ...
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Best personal finance blog articles July 22, 2011
AskRoss recommends the best personal finance blogs - July 22, 2011 Here are the articles I found this week which ...
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Scamming meat processor
Buyer Beware - coupon websites can be the victim of a scam A couple of weeks ago, Ellen Roseman wrote ...
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Chapters’ irewards program baffles me
This morning I decided I would spend some Fathers Day gift certificates at the Chapters Indigo online store. I am ...
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Best personal finance blog articles July 15, 2011
AskRoss recommends the best personal finance blogs - July 15, 2011 Here are this week’s articles which deserve a broader ...
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What are locked in retirement accounts
Dear Ross  Recently a friend asked me many questions about LIRA’s and LIF’s, and I did not know how to ...
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Aeroplan reward costs 1.4 million points
Aeroplan Rewards are not always a great deal! Dear Ross: I am having great trouble using my Aeroplan reward points ...
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Don’t waste money you can never get it back
Published: • Once your money is spent, you can't get it back - use it wisely. When my son was ...
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Secrets of financial success – part 4
No matter how little you make, you need to regularly save some money. The reason “pay yourself first” works is ...
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Selling a car online watch out for scammers
You don't always have to be a private investigator to pick up on a scam when selling your things online ...
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Best personal finance blog articles June 26, 2011
AskRoss recommends the best personal finance blogs - June 22, 2011 I follow many writers in the world of personal ...
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Blogger threatened by hit man
Have a laugh at this email from a reformed hitman We all receive an extraordinary amount of junk and spam ...
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Old car blues and paypal scams
Beware of potential scams when you're selling your car My sons Mike and Max were out driving around town last ...
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Bankruptcy numbers falling
More and more people are seeking alternatives to bankruptcy - and finding them! In case you missed it, Emily Jackson ...
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Pay off huge debts with home equity
Got Huge Debts? Home Equity may be the answer! A lady called me a few weeks ago inquiring if she ...
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Financing your education
Not sure how you'll pay for post secondary education? Now that I have officially entered the world of social media ...
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A few secrets of financial success
Want financial freedom and success? These 4 tips will get you on your way This is intended to be a ...
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Raising money smart children
You must step up to the plate and develop your child's financial proficiency There are no exceptions – we all ...
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I Love This Credit Card
Credit cards are a necessary evil in today’s society. You need to have one or two for (a) the convenience ...
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Sign that first apartment lease
Some practical advice from a father to his daughter who prepared to move out before she was ready Dear Ross ...
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New car buy, lease, or hold
Getting a new vehicle comes with a hefty price tag beyond the sticker price Some people routinely replace their car ...
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Unwanted attention from Revenue Canada (CRA)
How can you avoid scrutiny from the CRA? Today’s theme is inspired by a recent article in the Moncton Times ...
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Top ten excuses for not saving
Follow many personal finance blogs – including David’s Ning’s USA based blog with a definite slant towards frugality and saving ...
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Life insurance on your child a good idea
Does it make sense to have a life insurance policy for your child? One of my “go to” guys in ...
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Bankruptcies declining
Bankruptcy levels are improving, but we have not recovered from the 2008 recession yet While bankruptcies continue to drop as ...
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Scamming The EI System
Employment Insurance Fraud Attempted For Mortgage Qualification Last week, a thirty something young woman and her husband were in my ...
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Clear your debts
As the New Year approaches, we invariably have many clients attend meetings in our office where they “confess” to having ...
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No sense of humour
Collection agencies can derail a consumer proposal if terms are not met A couple of weeks ago I negotiated settlements ...
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Financial support for foreign students
New scholarship fund for foreign students to cost $30 million over 4 years Foreign students are being wooed to Ontario ...
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Pre-paid credit cards
Pre-paid credit cards will do nothing for your credit history Dealing as often as I do with credit-challenged clients, I ...
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Are you a gold bug
The price of gold is rising I must admit, I have always had a fascination with gold, and gold stocks ...
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Before you travel change your cell phone plan
5 reasons you need to call your cell phone provider before you travel! In the past two weeks, I have ...
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How to avoid mortgage fraud
How to avoid mortgage fraud - tips from a pro Here is an article by Dianne Nice from the Globe ...
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When one is a spender, & the other is a saver
How can a couple with different financial values find common ground? This article in the October 05, 2010 Globe and ...
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Time to review your will
If you haven't reviewed your will recently - do it now I am always amazed at how few of my ...
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Are you misplacing hundreds of dollars
You could be missing out on hundreds of dollars! I found this article on www.msn.ca. It was written by By Liz Pulliam ...
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500 people arrested for mortgage fraud
Crime Doesn't Pay: Mortgage fraud crackdown puts almost 500 people in jail Nearly 500 people have been arrested in a ...
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Canadian household net worth hits $6 trillion
Canadians are healing from the 2008 Economic Crash Canadian household net worth hit $6 trillion in the first quarter of ...
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Money Top Source of Stress
Money Top Source of Stress for North American Couples, Survey Finds  Partners go to extremes to avoid fighting about finances ...
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The importance of saving
You need to have an emergency fund before you start planning to go on vacation! Day to day, in credit ...
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Filing changes to your tax return
What do you do if there's an error on your tax return? Thanks to Tim Cestnick, managing director of WaterStreet ...
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Are you a sandwich boomer
Raising our children and taking care of our parents - what it's like to be a "sandwich boomer" I found ...
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Higher dollar means higher interest rates
Bank of Canada warns higher rates ahead We’ve already seen fixed-term mortgage rates rise twice in the past few weeks ...
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Beware the 407 when you are insolvent
407 Tolls Are Not Included In Consumer Proposals Or Bankruptcy I attended a credit counselling meeting today with a lady ...
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Everyone should manage their credit history
Everyone should develop and manage their own credit history from age 18 I came across the article below from last ...
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Timing really is everything
Investments take time to pay off! Heading this month’s issue of Money Sense, I came across a startling stat – ...
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Build your credit score the earlier the better
It's never too early to start building your credit history - here's how to get started. For many young Canadians, ...
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Be pessimistic to live optimistically
‘Plan like a pessimist (to) live like an optimist’ I read this interview of Gail Vaz-Oxlade in today’s Saturday Star ...
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Year end tax planning
It's the end of the tax year - here's what you need to do Time is running out to qualify ...
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Money tips for couples
Engaged or Married? Quick Money Tips For A Great Start On The Road of Life This article is the third ...
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Poor credit scores result in high home insurance c...
Another reason to have a high credit score - home insurance costs! Last week James Daw of the Toronto Star ...
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Karen Adler
Many thanks to Karen Adler, CIRP, who reviewed, proofed, and improved this series of posts. Karen is also a federally-licensed ...
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