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What is a Collateral Charge Mortgage

The Collateral Mortgage Scam

February 26, 2013 by Christopher

The financial world has irreparably changed. The way your corner bank did mortgages for your parents is not what you will experience today. The crazy part is that a surprising amount of Canadians do not know this. The fact is – your mortgage you signed with your bank is a Collateral Charge Mortgage (whether they will admit it or not). Here is the low down on this ‘scam’ and how … [Read more...] about The Collateral Mortgage Scam

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Hi, my name is Chris! I’m a personal finance and small business nerd.  Check out my blog where I share all of my favorite tips about saving money to running a small business.

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