OSFI offered no new direction on the qualifying rate, but reiterated that loan-to-income caps for uninsured mortgages remain ...

Brett Surbey is a corporate paralegal and writer based out of Alberta. His work has appeared in Publishers Weekly, Thrive Insider, and various academic journals. He lives with his wife and two ...

As of January 1, 2025, Canada’s criminal interest rate officially reduced to 35% annual percentage rate (APR), and payday loan costs are now capped at $14 per $100 borrowed. On the surface, these ...

Increasingly strict AML rules mean large family-funded payments can complicate renewals, even when borrowers are trying to reduce risk.

Powerful automation solutions modernize lending operations, accelerate decisioning, and deliver seamless experiences to ...