by Prudent Financial Services | Oct 7, 2020 | Car Title Loan, Car Title Loans, Consolidating Debt, Covid-19, Credit Card Debt, Debt Consolidation, Home Equity Personal Loan, Saving Money
Canadians have been continuously warned of the dangers of Covid-19 and impact of not taking health and social distancing guidelines seriously. The term “second wave” has been used constantly by politicians and public health experts to warn of the potential for a spike...
by Prudent Financial Services | Sep 10, 2020 | Bad Credit Borrowing, Bad Credit Mortgage, Debt Consolidation, Equity Loans, Home Equity Loan, Loan After Bad Credit, Mortgage Financing, Prudent Mortgage Corp, Second Mortgage
A Home Equity Loan (also known as Second Mortgage) is essentially another loan separate from your original mortgage with a lien on property in second position. A lien is the right to possess and seize property under circumstances explained in your mortgage documents....
by Prudent Financial Services | Jan 15, 2020 | Consolidating Debt, Consolidating Payday Loans, Debt Consolidation, Payday Loans, Personal Loan, Personal Loan Financing, Prudent Financial
Q: What’s the best approach to payday loans? A: Consolidate them and never look back! Payday loans often seem like a good idea at first. If you need cash fast, they meet that immediate need. But the long-term consequences are not nearly as effective… When you go to a...
by Prudent Financial Services | Aug 14, 2019 | Build a Strong Budget, Consolidating Debt, Consumer Proposal, consumer Proposal in Ontario, Credit Card Debt, Debt Consolidation, Debt Freedom, Debt Management, Prudent Financial, Saving Money, Second Mortgage
Sometimes no matter how much you try to make ends meet, your monthly expenses stretch you thin. In this case, you have two options: the first is to earn more money (easier said than done sometimes!). The second option is to reduce your monthly expenses. There are...
by Prudent Financial Services | Jul 10, 2019 | Bank of Canada Interest Rate, Canadian Consumer Debt, Canadian Interest Rate, Consumer Debt, Debt Consolidation, Financial Planning, Interest Rates, Prudent Financial
Why It’s the Perfect Season for Debt Consolidation The Canadian interest rate isn’t going up this summer. On July 10, 2019, the Bank of Canada (BOC) announced that the Canadian interest rate will remain unchanged this month, staying at 1.75%. As this is the last BOC...
by Prudent Financial Services | Feb 27, 2019 | Borrow with Your Car, Borrow With Your Home, Consolidating Debt, Credit Card Debt, Debt Consolidation, Debt Management, Holiday Spending, Prudent Financial
The holiday season may be over, but there’s one part of it that isn’t finished yet: holiday bills. Many holiday shoppers tend to put purchases on their credit cards, which means that after the holidays are done, they have to deal with the corresponding credit card...
