--- title: "Borrowing | Wealthsimple" description: "From lines of credit to credit cards, learn how borrowing works — and how to make it work for you." url: "https://www.wealthsimple.com/en-ca/learn/category/borrowing" --- 1. [Learn](/en-ca/learn) 2. Borrowing # Borrowing Accessing money can be hard. But there are smart (and not so hard!) ways to borrow, from choosing the right credit card to leveraging your assets for better rates. Let’s talk interest rates, margin, and so much more. ![](/cdn-cgi/image/format=auto,quality=90,width=3072,fit=scale-down/https://images.ctfassets.net/v44fuld738we/4rdwVu1WWyoLbLV5Y0rTg8/fa555b7ecf879adf99e04e0597404a20/09_Borrow.png) ## Featured articles * ### What is a portfolio line of credit * ### Borrowing money vs. selling assets * ### How does credit card interest work? Complete guide ## Learn more about borrowing [Explore all articles](/en-ca/learn/category/borrowing/all/1) * ### Overdraft protection in Canada: how it works, what it costs, and whether it's worth it 4 min read * ### How to Build Credit in Canada as a Newcomer 9 min read * ### Loan-to-value (LTV) ratio: How to borrow smartly in a volatile market 4 min read * ### Borrowing money vs. selling assets 6 min read * ### Borrowing against your assets: HELOC vs. margin account vs. portfolio line of credit 6 min read * ### What is a portfolio line of credit 5 min read * ### How does credit card interest work? Complete guide 6 min read * ### Cash advances: what they are and how they work 6 min read * ### Types of mortgages in Canada: how to choose 7 min read ## More to learn about * ### Investing ![](/cdn-cgi/image/format=auto,quality=90,width=3072,fit=scale-down/https://images.ctfassets.net/v44fuld738we/66bE6NC0O4ZXWMbpNc1Wqn/c16a0b350e83a81dea8899cfdd8d701c/01_Investing.webp) * ### Spending ![](/cdn-cgi/image/format=auto,quality=90,width=3072,fit=scale-down/https://images.ctfassets.net/v44fuld738we/RuG5skN7GBVUAn5DbSo9t/3923f8cfe809b1a16d302953a736de05/11_Banking.png) * ### Our products ![](/cdn-cgi/image/format=auto,quality=90,width=3072,fit=scale-down/https://images.ctfassets.net/v44fuld738we/1io2fr5uSgE6i8MwAw6gr7/23b059809a68a759fe6d58aa2d102c85/Hero-Our_products.png) * ### Credit cards ![](/cdn-cgi/image/format=auto,quality=90,width=3072,fit=scale-down/https://images.ctfassets.net/v44fuld738we/6mNG31ppalriHBjuZN2CxV/045510535cd68aef4b1e627390e45c39/visa-credit-card-angled.png) * ### Saving ![](/cdn-cgi/image/format=auto,quality=90,width=3072,fit=scale-down/https://images.ctfassets.net/v44fuld738we/4Oab1CRjBm9t2kMYK4zPuU/1fcd0cdab4812421390dd5f01713ef26/02_Saving.webp) * ### Options ![](/cdn-cgi/image/format=auto,quality=90,width=3072,fit=scale-down/https://images.ctfassets.net/v44fuld738we/55gzpWC13x1OeJlpwgVajc/49dcf76c06e1b1eff12b9f2211942bc5/coin-spiral-up.png) * ### Business ![](/cdn-cgi/image/format=auto,quality=90,width=3072,fit=scale-down/https://images.ctfassets.net/v44fuld738we/4M4uznmSyQuE3kHiIlHe92/d587a5b6dbb98530802a2d417882a2e8/Objects-Stills-02_0009-a_1.png) * ### Retirement ![](/cdn-cgi/image/format=auto,quality=90,width=3072,fit=scale-down/https://images.ctfassets.net/v44fuld738we/3JaPwZMRHRvxaMiInKaRgW/070534f8aa2afa8613e6e4d5f1b53a59/06_Retirement.webp) * ### Accounts ![](/cdn-cgi/image/format=auto,quality=90,width=3072,fit=scale-down/https://images.ctfassets.net/v44fuld738we/3Nt6V4N0HYBUKMf47Mjtix/e57f7b63c0c84822b46a049fe2e07198/04_Accounts.webp) * ### Taxes ![](/cdn-cgi/image/format=auto,quality=90,width=3072,fit=scale-down/https://images.ctfassets.net/v44fuld738we/1XOvLHKI9tFdgFy4pPha2f/a16b5cae22f28f3381e0dcf80f01c36d/03_Tax.webp) * ### Prediction markets ![](/cdn-cgi/image/format=auto,quality=90,width=3072,fit=scale-down/https://images.ctfassets.net/v44fuld738we/6DSngtw7wCRMVyaZwcAW0L/9525f371f994c8236501d562cf9f6f4b/Hero-Prediction_markets.png) * ### Home buying ![](/cdn-cgi/image/format=auto,quality=90,width=3072,fit=scale-down/https://images.ctfassets.net/v44fuld738we/42SvhC3uJdWikxrBPgaU66/4e18c58db0df01db8962a5979515ba67/05_Home-buying.webp) * ### Crypto ![](/cdn-cgi/image/format=auto,quality=90,width=3072,fit=scale-down/https://images.ctfassets.net/v44fuld738we/3aGoijmzzUedOOW73YCk6j/d90da6b7b35b5da963d35fd6a3027f75/07_Crypto.webp) ## Ready to borrow (without sacrificing tomorrow)? Learn the ways you can access money for the car you need — or the cardigan you don’t. [Get started](https://my.wealthsimple.com/app/login?redirect=account-selection%253Fshortlink%253Dmar%5B%E2%80%A6%5D%25252Fmargin%2526af_xp%253Dcustom%2526source_caller%253Dui&locale=en-ca)