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Car Loan Financing When Bankrupt
Life after bankruptcy can come with several challenges and one of those is car loan financing. There are three common scenarios you might be facing: Discharged Bankruptcy If you’ve been discharged from bankruptcy without re-established credit, you will have a few options for car loan financing, but it will still be tough to secure. It…
Read More2017 Tax Deadline Quickly Approaching – How to Handle a Small Balance
The 2017 tax deadline is coming up quickly — April 30, 2018. If you’ll owe a small tax debt, do you know what to do? Let’s start by defining a small balance — typically, anything under $8,000 is considered a small tax debt. A balance of $8,000 or more means that if you can’t pay…
Read MoreTips for Buying a Used Vehicle Before the Spring Rush
Spring seems like the perfect time for buying a used vehicle — which is why so many people go car shopping when the weather turns warm. People don’t typically buy vehicles during the winter because of weather conditions. This shifts supply and demand. When spring comes, everyone hits the market to buy. In turn, you…
Read MoreThe Ins and Outs of Bad Credit Loans
On the positive side, bad credit loans are often essential for credit repair. If you have poor credit, one of the best ways to improve it (besides paying off existing debts) is by seeking new credit that you manage responsibly. On the negative side, because those who need bad credit loans are often in a…
Read MoreCredit Focus: A Small Bad Debt Doesn’t Have to Destroy Your Credit
You know the old cliché about small things making a big difference? If you have a small amount of bad debt, that saying can come true. Even a small amount of bad debt can significantly harm your credit. The minimum for a consumer proposal is $8,000, but many people have debts under that amount that…
Read MoreIncreasing Canadian Interest Rates – How to Avoid Rising Payments
There’s no doubt about it — Canadian interest rates are increasing. Since July of 2017, Canadian interest rates have increased three times, going from 0.5% to 1.25% — the highest they’ve been in nine years. And if trends continue as expected, this is just the start. Officials from the Bank of Canada have said that…
Read MoreLow Budget Travel – Spring Break Vacations for Canadians
Spring Break vacations are the perfect getaway — the weather is cold and long in Canada, the kids are out of school, and everyone you know is posting fabulous holiday pictures on social media. You want to travel too, but you also don’t want to rack up your debt. You can have your vacation without…
Read MoreCRA Tax Deadline 2017-2018 is Right Around the Corner – Are You Ready?
Unpaid taxes represent a considerable amount of Canadian household debt. If you’re one of those finding themselves in this situation, there are steps you can take before the CRA tax deadline for the 2017-2018 year. If you have or will have a tax debt, you will need a financial plan. It’s best to be proactive.…
Read MoreLow-Budget Valentine – Money Saving Tips for Valentine’s Day in Toronto
Valentine’s Day in Toronto comes but once a year and if you’re coupled up, you want to make the most of it. But how can you do that if you’re on a tight budget, or if you’ve been diligently repaying old debts? Our money-saving tips can help you stay focused on romance, not your bank…
Read MoreBuying a Car in Ontario – Top 5 Tips You Never Thought About…
Buying a car — whether it’s brand new or new-to-you — is a big decision. And there’s a lot to consider. It can be difficult to keep in mind everything you need to ask. But asking the right questions, especially if you’re buying a used vehicle, is essential for saving you time and money in…
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