Introduction to Loans

This online information session by Each One Teach One presenters will discuss what you should be aware of when it comes to loans in Canada. They will cover the topics on Loan Costs, Obligations and what kinds of Loans to avoid.

You will learn

• How to decide what kind of loan is best for your needs
• How to understand payment terms and obligations
• How interest is calculated and why it matters
• How to calculate the real cost of ‘bad’ loans
• Why payday loans and pawnshop loans are a terrible option
• The real cost of using credit card cash advances