While many Canadians may think credit cards are the root of all evil, the reality is credit cards are a necessary part of a good financial life. Sure, credit cards have caused some problems for people burdened by debt but credit cards can also be an effective tool for rebuilding a poor financial status. Making
Posts Tagged ‘credit card balances’
CIBC Set to Acquire Canadian MasterCard Portfolio from Citigroup
Canadian Imperial Bank of Commerce (CIBC) has announced that it is broadening its place in the Canadian marketplace through the acquisition of a $2.1 billion credit card portfolio from Citigroup’s Canadian MasterCard business. With this acquisition, CIBC, which had more than $14 billion in outstanding credit card balances at April 30th, 2010, will become the
Uses for your Tax Refund
With the time drawing near for us to receive our tax refund, we have to come to a decision as to how to spend it. There are several good uses for your tax refund, however it all depends on your personal situation. You may want to consider putting it towards your RRSP loan, or make
Uses for Your Tax Refund
By now, our taxes have been filed and now we wait for the all important tax refund. The question is how will it be spent this year? There are several good uses for your tax refund, how you use it depends on your personal situation. You may want to consider putting it towards your RRSP
Making the Best of your 2009 Tax Refund
It the time of the year where we begin to file out income taxes, and we all will be eagerly awaiting out tax refund. Now when we get our tax refund, many of us will find ourselves spending it on some sort of luxury item we have been wanting for a while, which is not
New Age of Banking
It has been around for years but people still tend not to use what resources are available to them. Banks offer you online banking as a method of paperless statements, going green one would say. Aside from just checking the amount of money you have in your accounts, which include chequing, savings and even credit










