Maple News reports that newcomers to Canada now have access to a practical and informative webinar designed to help them navigate personal lending and credit-building options in their new home. For many immigrants, understanding the Canadian financial system—particularly credit scores and loan eligibility—can be a key part of their successful settlement journey.
The webinar, titled “Personal Lending 101: A Newcomer’s Guide to Borrowing and Building Credit in Canada,” offers straightforward guidance on the lending process, the types of credit available, and tips for establishing a strong credit history. Whether you’re looking to finance a car, furnish your new home, or simply want to understand how credit cards work in Canada, the session is tailored to cover all the essentials.
Presented in a newcomer-friendly format, the webinar breaks down the fundamentals of personal credit. Topics include the importance of credit scores, how they are calculated, and how they impact your future ability to borrow or rent housing. Viewers can also expect to learn about secured credit cards, small personal loans, and how to avoid common pitfalls when trying to build or rebuild credit as a newcomer.
Financial literacy is a key element of long-term success in Canada, and this webinar aims to empower immigrants with the tools and knowledge to make informed decisions. Understanding the Canadian credit system early on can lead to better financial opportunities, including easier access to rental housing, lower interest rates, and eventual approval for business or mortgage loans.
Maple News encourages all newcomers—whether they’ve just arrived or have been in Canada for a few months—to watch the full webinar for detailed guidance. The session is now available on YouTube, offering free and accessible information for immigrants across the country.
As Canada continues to welcome thousands of newcomers every year, resources like this offer valuable support in helping individuals not only settle but thrive financially. Establishing good credit and understanding Canada’s borrowing landscape can set the foundation for long-term stability and success in one of the world’s most welcoming countries.