Announcing the Smart Money Club and our Commitment to Financial Literacy

May 28, 2015 | Category: ,

We are really excited to announce the launch of our brand new Smart Money Club! Here at Prudent we are committed to helping Canadians become financially secure, and that means providing knowledge and tools to help get you there.

A recent Statistics Canada report sheds some light on just how dire our financial straits are becoming and why financial security is becoming increasingly more significant:

  • More than a third, or 35 per cent, of families had a debt-to-income ratio above 2.0 as of 2012, meaning their overall debt level was at least twice that of their annual after-tax income.
  • Canada’s debt-to-income ratio continues to rise, and it hit a record 163.3 % in the fourth quarter of last year.
  • The median debt held by indebted families grew to $60,100 in 2012 from $36,700 in 1999.

smart money club

Financial literacy is so important – and the Smart Money Club can help you become more confident! Follow us here:

More Posts

Need Winter Tires? Use the Equity in Your Paid-Off Vehicle

Car Loan Financing with Bad Credit: How to Get Approved

Want to Get Approved for a Payday Loan? Consider These Alternatives Instead

Why an Ontario Private Lender Can Be Your Best Referral Partner

How to Get a Solid Commitment When the Market is Unstable in Toronto

Consolidate Debt with a Home Equity Loan Before Back-to-School Expenses

Bankruptcy Filings in Canada Are Rising. An Ontario Private Lender Can Help You Rebuild

Refinance Mortgage Without Appraisal. Yes, You Can

How to Get a Loan with Terrible Credit

How to Shrink $1,225 per Month in Payments Down to $300

Secure Your Loan. Apply Today!

Click below to submit your loan application.