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Is Another Bad Credit Loan Really the Answer?
Maybe this sounds like a familiar scenario — you’re in financial trouble and your credit is shot, so you take out a bad credit loan to pay your bills and start rebuilding credit. Only you can’t pay your bad credit loan on time, so you take out another loan to pay the first one. Then…
Read MoreMortgage Refinancing in an Uncertain Housing Market
It’s no secret that Canada’s real estate market has been going through changes. With increased Bank of Canada interest rates, new Canadian mortgage rules, and Canadian household debt higher than ever, there’s a lot of uncertainty in the air. It can be tough as a homeowner to know the best course of action — especially…
Read MoreHow to Get Bad Credit Loans Without Getting Scammed
Unfortunately, the old saying can be true — it’s a dog eat dog world out there. And that can be made even more apparent if you’re seeking bad credit loans. When you have bad credit, you are more vulnerable. Less people want to loan to you, so the people who will do so make you…
Read MoreSo, You Filed for Personal Bankruptcy in Canada – Now What?
If you’ve filed for personal bankruptcy in Canada, you’re not alone. Thousands of Canadians have done the same. In 2016, 66,256 personal bankruptcies were declared in Canada. Of those, about 25,000 were filed in Quebec and roughly 17,500 in Ontario. In addition, 63,471 consumer proposals were received in the same year. The total number of…
Read MoreHappy Holidays from Prudent Financial Services
Happy Holidays from the Prudent Financial Services family! We wish you and yours all the best this holiday season and a prosperous New Year. See you in 2018!
Read MoreWinter Car Maintenance: Get Your Car Snow Ready in 1-2-3
Getting your car snow ready can seem to take as long as winter itself. But winter car maintenance really doesn’t need to be a hassle — and keeping on top of it will help save you money and reduce debt in the long run. Here are the top winter car maintenance tips you need to…
Read MoreMortgage Refinancing in Canada – is it Literally Now or Never?
There’s no question about it — Canadian homeowners are living with a lot of uncertainty. New Canadian mortgage rules and interest rate increases are coming fast and furious from government officials, which begs the question for those who own their home: is it time to refinance? There are several reasons you might consider mortgage refinancing…
Read MoreDebt Freedom: How to Cover Holiday Financial Shortfalls
The holidays are a time for celebration — time with family and friends, great food, wonderful presents… But the gifts, the grub, and the travel aren’t free and what starts out as fun can often turn scary once the harsh reality of post-holiday bills arrive. What if you could stop that from happening? What if…
Read MoreLunch Money: Tips to Save Money on Lunch
Most of us do it; forego the task of preparing our lunches and instead opt to buy something from the cafeteria or the local deli. Sure, these lunches may taste great, and be very convenient, but how much are they costing you? Whatever your excuse for not making and taking a lunch everyday, stop making…
Read MoreFrugal Festivities: Budget-Friendly Holiday Spending Tips
With the holidays right around the corner, many Canadians are already planning out their schedules, getting their party outfits together, even buying gifts. Some may already be completely finished their shopping (way to go!). For many, the holiday season is one to look forward to, but if your finances are strained, it can also mean…
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