Financial Directory Lists Lenders and Helps Canadians to Gain Ready Access to Capital

YourLoan.ca offers new financial listings to visitors who are looking for flexible borrowing solutions and worthwhile financial products.

 

Toronto (PRWEB) October 24, 2012

Art Branch Inc., the parent company of YourLoan.ca today announces the publication of new financial listings, targeted at people who are interested in learning more about finance.

Created by the content development team at Art Branch Inc. the new financial listings are published on YourLoan.ca, a website that offers information about different financial products available to Canadian borrowers. The listings showcase a diverse set of financial service companies, thus offering value to visitors.

“There are many viable lending alternatives apart from what the big Canadian banks offer. Canadians deserve to know about them so that they can choose a lender that suits them,” said John Williams, marketing consultant at Art Branch Inc.

Compared to smaller players, the large banks offer fewer financial options to small businesses. The big Canadian banks use standard lending criteria while credit unions and other financial establishments rely on personal interactions with customers. Developing and maintaining a long-lasting relationship with a small bank increases the availability of financing. This results in better interest rates and a lower likelihood that collateral or cosigner is required. Relationships with borrowers are more important for small players than for large financial institutions. The big banks establish criteria and procedures to be followed by all branches. This is how they monitor the lending process and keep control over loan officers. Thus, large lenders rely more heavily on centralized decision making, financial statements, and computer models. Small banks do not face the same coordination and control problems. They rely on community ties and personal interaction. Small banks have less rigid lending criteria and offer flexible financial solutions to individual borrowers and small businesses. In many cases, their financial products are cheaper than what the “Big Five” have on offer.

YourLoan.ca adds over 500 new financial listings to give more choice to Canadian visitors. The directory includes large and small lenders and offers descriptions of their products and services.

About YourLoan.ca: YourLoan.ca is one of the oldest Canadian financial directories offering finance listings and financial guides since 2005.

About Art Branch: Art Branch Inc., located in Toronto, Ontario, is the publisher of YourLoan.ca and has produced several consumer oriented websites targeting Canadian and worldwide audience. The goal of Art Branch is to provide visitors to company sites with free, useful guides, helping consumers to make educated choices.

Savings Calculator Helps People to Invest Smartly and Increase Their Personal Wealth

CanadaBanks.net offers a new savings calculator to Canadians who are looking for wise money management moves and are eager to get started on the investment path.

Art Branch, Inc., the parent company of CanadaBanks.net announced today the release of a savings calculator (http://www.canadabanks.net/Savings-Calculator.aspx), intended for Canadians who are interested in saving and investing.

The new calculator was created by the content development team at Art Branch Inc. and was tested internally and by a small group of external users. It is a simple tool that can help Canadians to understand the basics of saving and investing. In times of post-crisis deleveraging, more and more people avoid making risky financial decisions and embrace the idea of saving and investing wisely.

“Saving went out of favour during the last decade, but since the global financial crisis hit, things have changed. Many Canadian consumers are deleveraging and trying to save instead of spend. Ultimately, this will be very positive for the Canadian economy,” said John Williams, marketing consultant at Art Branch, Inc.

Saving and investing is an asset building strategy that brings good financial returns. Asset building helps people to escape poverty and move up the economic ladder. Investing over a long period creates a safety net and allows families to cope financially in times of economic hardship. People with no assets are more likely to miss phone, utility, and housing payments. They are more likely to operate uninsured vehicles and are unable to afford good medical care. Many people are liquid asset poor, with no resources to subsist if they lose their job. They cannot afford to buy healthy food products, are often uninsured, and put off visits to the doctor. Having assets, on the other hand, is correlated with better physical health, emotional wellbeing, life satisfaction, and social connectedness with family members, neighbors, friends, and organizations.

The new savings calculator is a free financial planning tool for people who want to achieve financial stability. Compound interest can help people to achieve their financial goals, but many are not aware of this. Their savings grow quickly if they find a decent rate of return.

The aim of the calculator is to educate Canadians and help them learn how to save and invest. Users enter the initial savings amount, the yearly yield, the compounding frequency, and the number of years to grow. The calculator then shows the future value of their savings.

About CanadaBanks.net: CanadaBanks.net is an informational resource created by Art Branch Inc., focused on the Canadian banking industry.

About Art Branch: Art Branch Inc., located in Toronto, Ontario, is the parent company of CanadaBanks.net and has produced many consumer oriented websites targeting Canadian and worldwide audience. The goal of Art Branch is to provide visitors to company sites with free, practical guides, helping consumers to make educated choices.

Credit Card Guide Helps People to Avoid Exorbitant Fees and Sky High Rates

CreditCardReview.ca offers a low-interest credit card guide to people who want to avoid super-high borrowing costs that can ruin them financially.

Toronto (PRWEB) October 16, 2012

Art Branch, Inc., the parent company of CreditCardReview.ca announced today the publication of a low-interest credit card guide (http://www.creditcardreview.ca/low-interest-creditcards-9/), intended for Canadian consumers who are looking for affordable credit solutions.

The new guide was created by the content development team at Art Branch, Inc. and is the result of extensive research on popular Canadian credit cards. The guide was published on CreditCardReview.ca, which presents in-dept reviews of credit cards available to consumers and small businesses in Canada. The section was added in response to requests from visitors and features reviews and comparisons of low-interest credit cards.

“Affordable credit is very important for Canadian consumers and small businesses; however, many can’t borrow funds at reasonable rates. Canadians who are looking for credit but are unable to get an unsecured credit line from their bank may want to look at low-interest credit cards,” said John Wilson, marketing consultant at Art Branch, Inc.

The new guide presents 17 low-interest credit cards offered by AMEX, VISA and MasterCard. Costumers have the opportunity to compare interest rates and annual fees and will find a comprehensive review for each product.

Some people have fair or less-than-perfect credit scores, and this makes them unlikely candidates for a low-cost credit line from their bank. While there are better borrowing options than a credit card, a low-interest card is a good choice compared to payday loans and other products with extremely high interest rates. Some people villainize credit cards, and there are urban legends and annoying myths about them. The truth is that using a low-interest card can help people in lean days. Financial setbacks happen for many reasons – death of a partner, major illness, demotion, and divorce. Even the rich and famous have been hit by tough times, and some celebrities live under huge amounts of debt. While an emergency fund can cover financial gaps, few people can afford such luxuries. A low-interest credit card is a good option for people who are coping with a major, life-changing event. It is not a tool to rectify one’s financial woes, but it allows recession-hit people and those in financial straits to borrow at reasonable rates.

About CreditCardReview.ca: CreditCardReview.ca is a Canadian credit card directory that offers information on the major banks and credit cards in Canada, along with many useful credit card related articles and guides.