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Happy Thanksgiving Weekend from Prudent Financial
Happy Thanksgiving weekend, Canada, from all of us at Prudent Financial! What are you thankful for this year? We’re grateful for good friends, loving family, our beautiful country, and, of course, turkey! Enjoy the long weekend and holiday.
Read MoreAccessing Home Equity When Another Person is On Title and Won’t Sign
It’s tough when you have a ton of equity in your home that you can’t use. This happens often when people who have parents or spouses with separate finances on the property title. You don’t necessarily want to share every little bit of your financial business and you may even be looking to borrow to…
Read MoreWhy Can’t I Refinance My House in an Undischarged Bankruptcy or in a Consumer Proposal?
We are frequently asked this question: can I refinance my house after filing for bankruptcy or filing for a consumer proposal? Often, consumers are told by banks and other financial institutions that they can’t borrow money while in an undischarged bankruptcy or in a consumer proposal. But that’s not the whole story. In an undischarged…
Read MorePrudent Helps People Get Out of Debt: “Thanks to All of You, My Life Can Now Get Back on Track”
We recently received this testimonial from a client who came to Prudent Financial looking to get out of debt. This was her experience: To all concerned, I wish to commend the great customer service at Prudent Financial. I did some extensive research and made an appointment to see them last week. Within an hour they…
Read MoreDid You Know That Prudent Offers Second Mortgages?
A Prudent Mortgage Corp. second mortgage is one of the best deals you’ll find. Borrow up to 80% of your home’s value. We offer reasonable second mortgage rates and interest rates and we always assess you based on your merits. Consumer proposal okay! Bad credit okay! Self-employed okay! Our second mortgages are approved based on…
Read MoreCanadian Consumer Debt Gets a Break: Bank of Canada Interest Rate Holding at 1.5% for September 2018
Good news for Canadian consumer debt — the Bank of Canada interest rate isn’t going up this month. On September 5, 2018, the Bank of Canada (BOC) announced interest rates will stay at 1.5% for the time being. The rate had increased from 1.25% to 1.5% in July of 2018. The September stay means that…
Read MoreAlternative Lenders to Payday Loans and How to Choose One
Payday loans can seem like one of the best loans for bad credit. After all, payday loans: Get you money, fast. Don’t check your credit score. Are approved based on pay — all you need to qualify is a job. But upon closer inspection, there are far more drawbacks: Payday loans come with huge fees,…
Read MoreOur Guide to Getting a Secured Credit Card When You Don’t Have the Deposit Money
A secured credit card is one of the best ways to rebuild your credit. While credit cards have their dangers, like racking up a big limit with no way to repay it, they are also essential for many things in our society: You need a credit card to book reservations. Comes in handy on bigger…
Read MoreBad Credit Mortgage Financing – How to Choose the Right Lender
Being a homeowner with bruised or bad credit can seem like a catch-22 — you might have equity available in your home that could help you erase your bad debts but accessing that equity through bad credit mortgage financing can seem nearly impossible. All is not lost, though. There are lenders who offer bad credit…
Read MoreHave You Heard About the “It’s NOT a second mortgage loan”?
Our Home Equity Loan Can Get You Money Without Expensive Fees There is a lot of money available in your home’s equity, but often accessing it comes with high expenses — appraisal fees, legal fees, and other traditional mortgage closing costs. But what if we told you there was a better way? Prudent has introduced…
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