Archive for November 2019

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How to Get Approved for a Loan With Bad Credit

On November 12, 2019 / Bad Credit Borrowing, Bankruptcy Loans, Equity Loans, Getting a Loan with Bad Credit, How to Get Approved For a Loan, Prudent Financial / Comments Off

Wondering how to get approved for a loan with bad credit? Wonder no more. We have put together a FREE eBook all about what you need to do to be approved for a loan, even if you have bruised or bad credit. In the past five years…

Winter Tires Are Not an Option – They are a Must-Have

On November 6, 2019 / Best Winter Cars, Borrow with Your Car, Car Title Loan, Car Title Loans, Prudent Financial, Prudent Value Cars, Winter Car Maintenance, Winterize your Vehicle / Comments Off

Winter tires are essential for driving in Canada. Studies have shown that at temperatures below 7°C, all-season tires stiffen up. This results in less traction, less braking distance, and makes it much harder to handle the car. It also increases the risk of getting into an accident.…

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Discover how to get approved for a loan with bad credit! We have all the details plus a FREE eBook on our blog:… https://t.co/H0IaADFXIr 12:43:16 PM November 12, 2019

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Prudent Financial Services

Business Hours

Monday to Friday
9am - 5pm

Saturday
9am - 1pm

Sunday
CLOSED

Serving the GTA since 1984

Toronto
Etobicoke
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Mississauga
North York
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Pickering
Kitchener
London
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The Fineprint

Here is the fine print for your Prudent loan.

Min and Max period for a Prudent loan repayment

Answer: 1-5 years

What is the maximum annual percentage rate (APR), which includes the interest rate plus fees and other costs for a year?

Answer: 5.75% plus annual fee (ranges from 10% -19%) APR* – 15.75% – 24.75% maximum (effective rate will vary).

A representative example of a Prudent loan – How is it broken down with all applicable fees

A typical 1000.00 loan, paid off over a 12 month period borrows an amount of 1020.00 which includes the $20 credit application fee. Total cost is 231.94. Payment is 104.33. This does not include optional life insurance

*Rates vary according to credit risks but at all times compliant with all applicable legislation and Prudent does not rely upon any exclusion intended for a pay day style loan company.

Liens and other searches 16.00 and up dependent on loan amount and amortization.

In some situations some security may be required.

Approval times are based on optimal situation - customer has all documents and extensive verification is not required.

Questions? We pioneered the Responsible Lender Pledge. Call us anytime and we’ll be happy to discuss your loan and what fees may be involved depending on your particular circumstances.