Fadi El-Eter

As mentioned earlier, I do have two lines of credit from two different banks here in Canada (both are Big 5 banks). Some of the questions people frequently ask me "Are there any fees for lines of credit here in Canada, and if yes, then how much?" The...

This is a followup to my post yesterday "How to Get an Unsecured Line of Credit in Canada?" Currently I have 2 unsecured lines of credit in Canada. Both of them are for the same amount and each is from a different bank. I often get friends asking me:...

Unsecured lines of credit are an excellent way to fund a business because of three things: Low interest rates: The interest rate on an unsecured line of credit is much lower than the interest rate on a credit card as well as other types of loans...

I was at Heathrow yesterday in a connecting flight. I was hungry so I decided to have lunch. I elected to go with the same lunch I had nearly a month ago at the same place. The total bill was for £14 (including tip). I gave the waitress $25 (I'm talking...

Back in June, I asked one of my banks for two credit cards, one in Canadian Dollars and the other in US Dollars. I didn't need them but I thought it was good to have them as a backup plan in case I have a problem with any of my other cards while overseas....

I remember I spent several months being an active contributor to Answers.com, giving real answers to real questions, and feeling good that I was able to help someone somewhere. I did leave a link to one of my websites in each of my answers - after all, I...

Most of us don't think about buying and holding stocks, but we're there for the quick money. We buy some shares, we wait until they go up (or until they go down below a certain threshold), and we sell to make some money or limit our losses. I have to...

OK - clearly this is not a post about the stock market or anything related to the stock market. In fact, this is not a post - it's a rant. I visit a lot of websites on a daily basis and I post a comment if I like what I read (regardless of whether I'm in...

Canon, one of the largest makers of cameras and printers, recently reported less than estimated profits, a result that raised a few eyebrows here and there. "Will Canon go out of business?", some investors whispered... Let's examine Canon's main two...

Canadians doing business with the US and receiving checks from there often wonder how much time it takes for US checks to clear. In order to answer this question, I need to explain two concepts in the Canadian banking system: hold time and clearing...