Archive for August 2019
Bruised Credit vs. Bad Credit vs. Obliterated Credit
What is the difference between bruised credit, bad credit, and obliterated credit? We’re here to answer the question! To first understand that, let’s first define what is bad credit. In Canada, your credit score can range between 300 and 900, with 300 being the lowest and 900 the highest. The ranges are typically as follows:…
Read MoreBack to School Expenses: Filling Shortfalls
School is nearly back in session and with it back-to-school expenses. Whether you have children who are heading back to school, or you’re returning to college or university and managing student loan debt, this time of year can be expensive. According to an Angus Reid poll of more than 1,500 Canadians, conducted on behalf of…
Read More[New Video] How to Get the Loan You Need, Even with Bad Credit
Learn how to get approved for a loan, even with bad credit! Download a free eBook, written by Prudent Financial – a trusted lender since 1984. Essentials on getting the loan you need. Download your free eBook today: https://www.prudentfinancial.net/getting-loan-approved-even-with-bad-credit
Read MoreOptions for Cutting Your Monthly Expenses By 50% — Or More!
Sometimes no matter how much you try to make ends meet, your monthly expenses stretch you thin. In this case, you have two options: the first is to earn more money (easier said than done sometimes!). The second option is to reduce your monthly expenses. There are several ways to cut down on what you…
Read MorePreparing to Refinance/Renew Your Mortgage at a Higher Interest Rate
Are you planning to renew your mortgage soon? If so, you could be in for sticker shock. Economists estimate about 24.1% of mortgages will renew in 2020, and 26.8% in 2021. Since 2017, we have seen interest rates rise significantly, going from 0.5% to 1.75%. If you last renewed your mortgage between 2014 to 2016,…
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