Bankruptcy vs Consumer Proposal? Which is the right one for you? Part 1
First part of Prudent Financial’s video series:
Bankruptcy vs Consumer Proposal ? Choose the right debt management solution.
Too much debt! Need a way out? Know the difference between bankruptcy and consumer proposal.
Learn, which one is better bankruptcy or consumer proposal?
Prudent reports all your Prudent loan payments to credit bureaus. But Prudent cannot “fix” or “repair” your credit. The credit bureau reports on the totality of your credit activities. The bureau updates regularly on your payments on credit cards, utilities, taxes as well as to banks, finance companies, credit unions etc. Prudent does try to educate its credit-challenged customers on wiser management of their financial affairs using information from responsible financial sources such as Bankruptcy Canada, Industry Canada, Credit Canada Debt Solutions, and BDO.
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