There are many ways to borrow money. Learn how to match your goals with the loans and lines of credit that are right for you.
![Blurred view of a hand holding their credit report](https://silver.rbcroyalbank.com/en-ca/wp-content/uploads/sites/12/2023/09/Untitled-design-2023-07-26T104945.980.jpg?quality=80&w=680)
From approvals to interest rates. It's important to understand the significant role your credit score plays when borrowing money.
Understand how credit works in Canada to help you build your financial future.
Helpful strategies for paying down your debt, no matter what your financial situation is.
Understanding the differences between registered investment plans can help you decide how they can help you meet your goals.
More From Understanding Loans
![Woman in grocery store paying with her credit card](https://silver.rbcroyalbank.com/en-ca/wp-content/uploads/sites/12/2023/09/Untitled-design-2023-08-31T144319.990.jpg?quality=80&w=320)
Understanding the different types of borrowing options can help you determine if one is right for you.
![Blurred view of a hand holding their credit report](https://silver.rbcroyalbank.com/en-ca/wp-content/uploads/sites/12/2023/09/Untitled-design-2023-07-26T104945.980.jpg?quality=80&w=320)
From approvals to interest rates. It's important to understand the significant role your credit score plays when borrowing money.
![A girl writing down on notepad and using calculator.](https://silver.rbcroyalbank.com/en-ca/wp-content/uploads/sites/12/2023/07/REPLACE-STRATEGIES-FOR-PAYING-DOWN-DEBT.jpg?quality=80&w=320)
Helpful strategies for paying down your debt, no matter what your financial situation is.
![Confident woman in glasses counting bills, calculating budget at home](https://silver.rbcroyalbank.com/en-ca/wp-content/uploads/sites/12/2023/09/Untitled-design-2023-07-14T124435.419.jpg?quality=80&w=320)
Should you pay down debt or save? With the right debt management strategy, it's possible to do both to reach your financial goals.
![Hand on a calculator with credit cards and Canadian coins blurred in the background](https://silver.rbcroyalbank.com/en-ca/wp-content/uploads/sites/12/2023/09/Untitled-design-2023-07-13T110713.445.jpg?quality=80&w=320)
Debt can feel overwhelming and a heavy burden to carry. Debt consolidation may be the right financial strategy to help lighten your load.
![A man using a calculator with per cent signs indicating raising interest rates](https://silver.rbcroyalbank.com/en-ca/wp-content/uploads/sites/12/2023/09/Untitled-design-2023-07-13T153010.553.jpg?quality=80&w=320)
Thinking about making a big purchase? Understand the basics of borrowing and how the loan process works.