Smart Money Club: Does a Consumer Proposal in Ontario Give Me Bad Credit?

A consumer proposal has become a popular debt relief option used by many Canadians who find themselves loaded with debt with no real way pay it off, even over time. Predatory lenders who extend payday loans and high interest credit cards can cause an initially stable financial situation to quickly become unmanageable and the ease…

Read More

Prudent Financial Announces the Smart Money Club

It has been widely reported that Canadians are carrying record debt. This is a growing trend that will eventually reach a breaking point. Managing credit and finances isn’t easy for everyone and we all encounter times in life when different challenges present themselves. When this happens, it can be hard to know where to turn…

Read More

Post-Bankruptcy Holiday: How to Rebuild Your Credit After Bankruptcy

When finances are strained, and collectors are knocking at your door, it can be really tough to know where to turn. When finances reach a boiling point, your only option may seem to be seeking outside help in the form of bankruptcy. Perhaps you’ve filed for bankruptcy – maybe you’ve even been discharged – but…

Read More

How to Financially Recover After Filing for Bankruptcy in Canada

For a number of reasons, filing for bankruptcy in Canada has become a popular debt relief option over the last few years. It is true, bankruptcy does hurt credit but it is often the most viable option for many who can’t pay debts that have become too high to manage. Additionally, if bankruptcy is being…

Read More

Used Car Buying Tips: Used Car Financing For Dummies

We’ve all heard it before – cars depreciate in value the minute they are driven off the lot – and when it comes to new cars, this is a pretty fair statement. This is one of the main reasons that used car buying has grown in popularity over the last few years – there is…

Read More

How to Rebuild Credit in 1-2-3

When debt starts to pile up, many of us assume that, with time, we will eventually get things straightened back out. Then a holiday hits, or an unforeseen car repair, or a vacation splurge. Again we turn to those credit cards to get us out of a bind or to make a big purchase, often…

Read More