How to restructure loans and work with struggling borrowers
How to

How to restructure loans and work with struggling borrowers

Loan restructuring is a common aspect of being a money lender. Borrowers, with sincere intentions to repay, often face hurdles such as economic shifts, unexpected emergencies, and other unforeseen circumstances. So, here are the ways you can help restructure loans for these borrowers.

When silence speaks volume: communicating with defaulters 101
Lender information

When silence speaks volume: communicating with defaulters 101

For small and medium lenders, communicating with defaulters is like walking a tightrope. Do it well; you might salvage the relationship and recover your money. Handle it poorly, and you risk losing not just your funds but also your reputation.

How to finance your first car as an immigrant in Canada
Borrower information

How to finance your first car as an immigrant in Canada

Whether you’re planning to buy outright, take out a loan, or go through a dealership, there are a few things every new  immigrant in Canada should know before they sign anything or hand over a single dollar.