Watch the Webinar: Personal Lending 101 – A Newcomer’s Guide to Borrowing and Building Credit in Canada

TD
Published: August 7, 2024

Navigating Canada's credit system and personal lending options available for newcomers may be a new experience.

Are you new to Canada?

Would you like to learn about personal lending products available for newcomers to take care of their evolving borrowing needs, while settling down? This webinar may be a great way to find out more.

Watch the webinar

 

Click here to download the presentation slides!

In this webinar we will talk about:

  • The different types of borrowing products available to you – and when you could use them
  • How credit building may help you
  • Good vs. bad debt: how you may manage your finances more responsibly

Navigating Canada's credit system and personal lending options available for newcomers may be a new experience. CanadaVisa and TD are here to help you with the right information.

Wwe will provide tips on borrowing options available, and how building credit can be helpful for newcomers:

Join us for an insightful webinar designed for newcomers like you. Here’s what you may learn:

  1. Introduction to Borrowing and Credit Building
  • Explore what may be next after credit cards in your financial journey.
  • Understand some key considerations at different stages of a newcomer's borrowing journey.
  1. Understanding Product Options
  • Discover various personal lending products, such as loans and lines of credit (LOC).
  1. When to Use These Products
  • Learn when and how to borrow for your different needs:
    • Borrow to meet unexpected expenses.
    • Borrow for a large purchase such as a car or home repair.
    • Borrow to consolidate and manage existing debts.
    • Borrow to invest in your future.
  1. Good Debt vs Bad Debt
  • Understand the importance of responsible borrowing:
    • Improve Your Credit Rating: Leverage credit to help improve your financial standing.
    • Develop Good Debt Behavior: Learn how responsible borrowing may benefit you in the long run.

Don't miss this opportunity to deepen your understanding of various borrowing products available for newcomers and how to use them to build your credit.

Get Informed To Make the Right Financial Decisions in Canada

Navigating the Canadian financial system may be challenging, especially if it's different from what you may be used to in your home country. With some guidance, you may build your confidence to make sound borrowing choices that may help set you on the right path for both today and the future.

Let CanadaVisa and TD help you with useful information on credit building and personal lending products in Canada.

Don't miss out – register now for this informational webinar that's designed just for newcomers like you.

About CanadaVisa

CanadaVisa.com was founded in 1994 as the online platform of the Cohen Immigration Law Firm. Since then, CanadaVisa has grown to be one of the world’s most trusted sources on how to move to Canada and settle here. CanadaVisa’s web properties include cicnews.com and its weekly newsletter, the CanadaVisa Forum, and more. All the resources provided by CanadaVisa are meant to help people around the world access trusted, factual, and timely information to support their Canadian immigration journey.

About TD

TD has a proud history of delivering financial solutions to Canadians for more than 150 years. TD also brings a century of experience helping newcomers navigate the unique challenges of the Canadian banking system.

With over a thousand branches, a reputation for excellence in financial services, and the ability to also serve you in more than 80 different languages, TD has become one of the largest and most trusted banks in Canada, now serving 16 million Canadians.

TD offers online support and resources of interest to newcomers on topics such as banking basics, moving to Canada, credit score essentials, and more. TD is open longer hours for your convenience and has thousands of ATMs across Canada to help you take care of your everyday banking needs quickly and easily.

Share this article
Share your voice
Did you find this article helpful?
Thank you for your feedback.
Subscribe to our newsletter
Did you find this article helpful?
Please provide a response
Thank you for your helpful feedback
Please contact us if you would like to share additional feedback, have a question, or would like Canadian immigration assistance.
  • Do you need Canadian immigration assistance? Contact the Contact Cohen Immigration Law firm by completing our form
  • Send us your feedback or your non-legal assistance questions by emailing us at media@canadavisa.com
Related articles
IRCC issues 911 invitations to apply in Express Entry draw for PNP candidates
A scenic view of downtown Calgary during a summer sunset.
Saskatchewan introduces two new PNP pathways for skilled newcomers
Bridge over river in Saskatoon
September 2024: State of the Express Entry pool
A group of people on Toronto island, looking at the main city from across the water
The two biggest strategies to reduce Canadian income taxes on capital gains
Stack of Canadian currency
Top Stories
IRCC issues 911 invitations to apply in Express Entry draw for PNP candidates
Which regions in Canada could see a reduction of temporary foreign workers?
Ontario and British Columbia nominate PNP candidates
Join our free newsletter. Get Canada's top immigration stories delivered to your inbox.
Subscribe
More in Provinces
Ontario and British Columbia nominate PNP candidates
A view of the Toronto skyline on a bright summer day.
Saskatchewan introduces two new PNP pathways for skilled newcomers
Bridge over river in Saskatoon
IRCC introduces open work permit options for some PNP candidates
A enginerr with a hard hat smiling at the camera, with a windmill in the background of the image.
Ontario, British Columbia and Manitoba invite candidates to apply for provincial nomination
Fraser River in British Columbia
Link copied to clipboard