Capital 4 Market

Once you qualify and are approved for an unsecured loan, you can spend the funds however you’d like and become responsible for making regularly scheduled installment payments, including interest. An unsecured loan is a type of financing where no collateral is required to obtain the funds.

Unsecured funding has grown increasingly popular in Canada due to the growth in funding online and the versatile characteristics of the loans. An unsecured loan is a financial product that does not require the use of a personal asset as security.

What happens if I don't pay an unsecured loan? Although not repaying these loans may not result in immediate forfeiture of collateral, as it would with a secured loan, leaving an unsecured debt unpaid can lead to collection attempts, damaged credit ratings and, in extreme cases, lawsuits.

Every once in a while, everyone needs a little bit of help. Whether it is to catch up on overdue bills or cover an emergency expense, an unsecured loan can be a great solution to get you over the hump.

"What credit score do you need for an unsecured loan?
The higher your credit score number is, the lower the perceived risk. Typically, the credit score for a personal loan you'll want to aim for is 660 or higher."

July 1858: the first Canadian coins are minted, in denominations of 1 cent, 5 cents, 10 cents, and 20 cents.​

In 1979, the Royal Canadian Mint building in Ottawa was designated a National Historic Site, on the grounds the building is representative of the federal government's approach to using the Tudor-Gothic architectural style to create a distinctive identity in Canada's capital, and of the patriation of control over Canada's currency from Britain.

The Mint produces all of Canada's circulation coins, and manufactures circulation coins on behalf of other nations.

How do dinosaurs pay their bills? With Tyrannosaurus checks.

No trees are cut down to make our banknotes. Zero trees are felled to produce our banknotes – non polymer banknotes are made from a cotton-linen mix and do not contain any wood pulp.

Due to a shortage of currency in 1685, playing cards signed by the governor of New France passed as a form of currency (also referred to as “card money”), which could later be redeemed for silver coins. This is considered the first paper money in North America.​

Where do fish keep their money? In a river-bank.

Only 8% of the world's currency is in cash. The vast majority of the planet's currency exists inn electronic form - banknotes and coins make up just 8% of the global total

One of the coolest anti-counterfeit features is so crazy you have to see it to believe it. Next time you find yourself with a Canadian banknote and a laser pointer, shine it through the translucent maple leaf icon and you’ll see the value of the bill projected.