You may have heard about the risks associated with buying crypto - it's a highly volatile and speculative asset. However, if you’ve evaluated the risks and are comfortable with them, you might still be considering it. Maybe a friend or family member has even mentioned a promising opportunity that seems too good to pass up (cue the red flag!).

Co-signing can be viewed as a gesture of support, helping someone qualify for a loan when they might not meet the eligibility criteria on their own. It can be a way to provide financial support to loved ones, but it is important to understand its potential impact on the co-signer as well.  

“Buy now, make interest-free payments!” “Stream your favourites, first 3 months free!”  

You may have seen headlines like these online or in-store at your favourite retailers. With so many payment options, it can be hard to resist buying that flashy new appliance or signing up for the latest streaming service to binge watch a popular new show.  

Credit is an important part of money and finances in Canada, but there are many misconceptions about how it works. To help you understand credit better, we’re breaking down five common myths around credit history and credit reports.