22 min listen
Special Episode - Deferring Your Mortgage Payments in Canada - Richard Moxley, Credit Expert & Author of The Credit Game
Special Episode - Deferring Your Mortgage Payments in Canada - Richard Moxley, Credit Expert & Author of The Credit Game
ratings:
Length:
20 minutes
Released:
Apr 2, 2020
Format:
Podcast episode
Description
Due to the tanking stock market, mass job layoffs, and the pandemic, many Canadians are finding themselves in a situation where they are no longer earning an income (or now have a reduced income) and don't have an emergency fund. If you don't have any new money coming in and you don't have any money saved up, what can you do? Recently it was announced that some lenders, including the big banks, in Canada will be providing mortgage borrowers the opportunity to defer their mortgage payments. To explain more about what this actually looks like and what this could do to your credit score, I'm joined with credit expert and author Richard Moxley for this special timely episode. More info about mortgage deferrals: https://www.cmhc-schl.gc.ca/en/finance-and-investing/mortgage-loan-insurance/the-resource/covid19-understanding-mortgage-payment-deferral Make sure to support Richard and grab a copy of his new book The Credit Game: https://amzn.to/2y5UjeA
Released:
Apr 2, 2020
Format:
Podcast episode
Titles in the series (100)
001 My Personal Finance Journey - Jessica Moorhouse: For the first episode of the Mo' Money Podcast, I delve into my upbringing and later years to explain why I got into the personal finance blogging and podcasting world. Long episode description: If you’re a longtime blog reader of mine, you may have a by More Money Podcast