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Cheaper Than a Payday Loan… Why a Prudent Loan is the Best Choice
Pop quiz: what’s one of the worst types of loans you can get? If you answered a payday loan, you’re correct! Yet many people still turn to these loans because they’re quick. At Prudent Financial, we offer an alternative – same day loans that are much cheaper than a payday loan. Fast, secure financing in…
Read MoreBad Credit Car Loans – What You Need to Know
If you have bad credit and need a vehicle, you might be eligible for a bad credit car loan – but you also need to beware. While there are legitimate car loans for people with bad credit available, not all lenders are the same. You need to watch for red flags, inflated prices, and more.…
Read MoreTypes of Mortgage Lenders Who Offer Mortgage Refinancing
Thinking about applying for mortgage refinancing? It can be a great way to: Consolidate debt Fund a home renovation Pay for a big event, like a wedding Cover education costs And more. But if you’re looking into mortgage refinancing, you’ll need to decide where to secure that financing from. And there are several types of…
Read MoreABCs of Credit – Do You Actually Have Good Credit?
Do you have good credit? The answer may not be as simple as you think. Good credit is not: Tons of debt. Credit cards close to, at, or over the limit. Late payments can last for six years on your credit report. So do collection items, even if you pay them off. Good credit is:…
Read MorePartway Through a Consumer Proposal? You Can Start Rebuilding Credit
There are many misconceptions out there about consumer proposal credit. One we hear often is that if you’ve filed for, or are in, a consumer proposal, you have to wait until you’re discharged to start rebuilding credit. To put it simply – this isn’t true! A personal loan, a car loan, a home equity loan,…
Read MoreYes, We Offer Loans After Bankruptcy! Find Out More
One of the most difficult things about filing for bankruptcy can be rebuilding credit after the fact. It can be harder to get approved for loans and credit cards – but these can be the very things that help raise your credit score. That’s why at Prudent Financial we offer loans after bankruptcy, during bankruptcy,…
Read MoreDid the Cold Kill Your Car? It Might Be Time to Trade In
Is it time to trade in your car? The winter weather can wreak havoc on vehicles. But how do you know if the problem is worth repairing? Historically, more Canadians buy new vehicles in the spring and summer months than in fall and winter, so if you’re thinking of trading your car, now may be…
Read MoreCurious About Borrow with Your Car? Take the Wheel from These Happy Customers!
One of Prudent’s most popular programs, Borrow with Your Car, is receiving great feedback – and for good reason! When you choose Borrow with Your Car, you get the lowest rates in the GTA for bad credit vehicle title loans; fast, same day loans up to $20,000; open loans you can pay off early; a…
Read MoreHow to Set Financial Goals That Get Real Results
Do you have financial goals? If you’re like the majority of Canadians, we’re guessing yes! But often the challenge with goals isn’t making them – it’s finding a way to execute them and stick with them when life gets in the way. We recently came across this great article from Squawkfox called “Money Goals: How…
Read MoreStill Time to Deal with High-Interest Debt: Bank of Canada Maintains Interest Rate for March 2019
The Bank of Canada is keeping interest rates the same for another month. On March 6, 2019, the Bank of Canada (BOC) announced it would be maintaining the current 1.75% interest rate. This rate has been in place since October of 2018. Part of the BOC’s reasoning had to do with global trade uncertainty and…
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