This November, Margill’s CEO will embark on a three-week adventure in the South Pacific. He will be implementing Margill Loan Manager and training clients in the Marshall Islands, Guam, and Papua New Guinea. Through the services of Planetair, we decided to offset the climate effect of this 20,000-mile trip by buying back around 6.15 tonnes […]
https://www.margill.com/wp-content/uploads/2022/11/CertifPlanetair.jpg8621120Kimhttps://www.margill.com/wp-content/uploads/2020/01/Margill-logo.jpgKim2022-11-03 14:48:512022-11-03 14:51:00Margill South Pacific Tour
This past August, the Government of Canada launched its anticipated consultation paper to seek feedback from stakeholders and vulnerable members of the public on the criminal rate of interest and the availability of high-cost installment loans often offered by alternative lenders. While the Government of Canada’s policy goal has not resulted in a new criminal […]
https://www.margill.com/wp-content/uploads/2020/01/Margill-logo.jpg00Kimhttps://www.margill.com/wp-content/uploads/2020/01/Margill-logo.jpgKim2022-09-15 13:13:452022-09-15 13:13:45Government of Canada’s consultation on lowering the criminal rate of interest
On August 3, 2022, the Canadian Alternative Reference Rate working group (CARR) published the highly anticipated recommended fallback language for loan agreements (the Recommended Language) that use the Canadian Dollar Offered Rate (CDOR) as the interest rate benchmark, together with a white paper that provides an overview of the language (the White Paper). The Recommended Language was […]
Margill’s CEO, Marc Gelinas, was recently put to the challenge to make a video to show most of the main features of the Margill Loan Manager software. Knowing that the software contains more than 600 000 lines of code, and knowing that nowadays, everything needs to be short and sweet in order to keep the […]
https://www.margill.com/wp-content/uploads/2020/01/Margill-logo.jpg00Kimhttps://www.margill.com/wp-content/uploads/2020/01/Margill-logo.jpgKim2022-07-26 14:23:222022-07-26 14:25:29Margill's CEO accepts 5-minute video challenge
Le 30 juin prochain entrera en vigueur le nouveau Cadre de protection des consommateurs de produits et de services financiers et son règlement. Dans ce bulletin, on présente certaines des règles intégrées au Cadre, sous la perspective de règles similaires applicables au Québec en matière de protection des consommateurs de services financiers. Ce bulletin présente également certaines des […]
https://www.margill.com/wp-content/uploads/2020/01/Margill-logo.jpg00Kimhttps://www.margill.com/wp-content/uploads/2020/01/Margill-logo.jpgKim2022-04-07 17:19:482022-04-07 17:24:59Survol des régimes fédéral et québécois de protection des consommateurs de certains produits et services financiers
Q: On a $1000 loan at 20% interest, why is my interest not $200 for one year? A: This is a common question that we often get and some information is missing to answer the question so we’ll analyse this, taking into account various scenarios and how to manage this in Margill Loan Manager. There is […]
https://www.margill.com/wp-content/uploads/2020/01/Margill-logo.jpg00Marc Gelinashttps://www.margill.com/wp-content/uploads/2020/01/Margill-logo.jpgMarc Gelinas2022-03-02 19:16:572022-03-02 20:54:51On a $1000 loan at 20% interest, why is my interest not $200 for one year?
A most appreciated feature in Margill Loan Manager (MLM) is its quick access to four variables, accessible in the reports or in the Main window, that allow the user to instantly see the amount that must be paid by the Borrower to “get back on track” if one or several payments are missed, partial or […]
https://www.margill.com/wp-content/uploads/2020/01/Margill-logo.jpg00Kimhttps://www.margill.com/wp-content/uploads/2020/01/Margill-logo.jpgKim2022-01-10 21:01:472022-01-11 15:12:26Margill Loan Manager: Amount Due at current date or any date to "get back on track"
Question: I am often faced with paying late alimony, and I want to be sure that the interest calculations they are hitting me with are correct. I pay 4% simple interest only on late or fractional payments. I am testing your software right now, and if I am say $500 short but pay it within […]
https://www.margill.com/wp-content/uploads/2020/01/Margill-logo.jpg00Marc Gelinashttps://www.margill.com/wp-content/uploads/2020/01/Margill-logo.jpgMarc Gelinas2021-10-20 20:35:052021-10-21 12:45:29I am often faced with paying late alimony, and I want to be sure that the interest calculations they are hitting me with are correct. Can Margill Law Edition help me out?