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Thinking Of Filing A Consumer Proposal
Filing a consumer proposal in Ontario. Here’s what you need to know. Disclaimer The above article is for information purpose only. It has no relationship whatsoever with the services offered by Prudent Financial Services Inc. Prudent reports all your Prudent loan payments to credit bureaus. But Prudent cannot “fix” or “repair” your credit. The credit…
Read MorePitfalls to avoid after Bankruptcy or Consumer Proposal
Pitfalls to avoid after Bankruptcy or Consumer Proposal Once you’ve successfully emerged from bankruptcy or consumer proposal, you’ll want to avoid ending up in those situations again. Successfully re-establishing your credit after a bankruptcy or consumer proposal is very important. Doing so will make lenders trust you again and this will help you if you…
Read MoreWhat types of Bad Credit Loans and Services are offered in Ontario?
Bad credit loans are loans acquired by people with bad credit histories or those with no credit histories at all. These loans often have very high interest rates, and therefore are perceived as being very risky. Many banks in Ontario use credit scoring as device to check your credit accountability. Once a client’s score falls…
Read MoreIs bankruptcy an option for a student loan?
Struggling to pay down a student loan can be difficult. For most people, it can take at least ten years – and sometimes up to 25 years – to successfully pay off a student loan. This isn’t a debt that you want hanging over your head for a long time. Student loan debt can make…
Read MoreLoans After Bankruptcy? How can it help you?
Why should you take a loan after bankruptcy? When you come out of bankruptcy, you’ll want to find a way to re-establish your credit rating. One way to do this is by rebuilding your credit history. You can rebuild your credit rating by taking out a manageable loan and paying it back on time. You’ll…
Read MoreMarrying someone who has Applied for Bankruptcy or Consumer Proposal
Marrying someone who has Applied for Bankruptcy or Consumer Proposal Before you get married, you likely have a lot of questions. Some of these questions will probably involve financial matters. How does applying for a bankruptcy or consumer proposal affect your partner? Does marrying someone who has applied for bankruptcy damage your credit score? These…
Read MoreThe difference between secured and unsecured bad credit loans in Ontario
The difference between secured and unsecured bad credit loans in Ontario If you have bad debt, bad credit or other financial difficulties, you may find it tough to get a loan. However, there are loans available for people in these situations. The options come in two forms: secured loans and unsecured loans. There are key differences between secured…
Read MoreWhat to look for when applying for loans from a bad credit lender
What to look for when applying for loans from a bad credit lender If you have bad credit and you’re looking for a loan, you probably know that the process can be confusing. You’ve probably also figured out that all lenders are not created equal. So what should you do? There are a number of…
Read MoreHow to re-establish a bad credit score?
If you have a bad credit score, you may have realized that having one can make it much more difficult to get loans and credit as necessary. However, there are ways that you can work to re-establish your credit score or prevent getting a bad credit score in the first place. Here are a few…
Read MoreBankruptcy? Consumer Proposal? What should you do when you start drowning in debt?
Bankruptcy? Consumer Proposal? What should you do when you start drowning in debt? Bad debt doesn’t have to be a situation that you can’t escape from. If you’re in debt and unsure of how you’ll be able to get out, there are a couple of options available to you. Two of the most common options…
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