by Prudent Financial Services | Mar 25, 2020 | Canadian Consumer Debt, Consumer Debt, Debt Freedom, Financial Planning, Financial Problems, Getting Out of Debt, Prudent Financial
Recent news reports have indicated a troubling situation for Canadian consumer debt. For the first time ever, Canadians have more than $100 billion in credit card debt, according to TransUnion Canada. Forecasts also predict that the average Canadian’s non-mortgage...
by Prudent Financial Services | Mar 20, 2020 | Bank of Canada Interest Rate, Canadian Consumer Debt, Canadian Interest Rate, Consumer Debt, Financial Problems, Interest Rates, Prudent Financial
These past couple weeks have been enormously difficult for many Canadians due to the outbreak of the novel coronavirus, COVID-19, and subsequent measures to “flatten the curve.” While these undertakings are aimed to keep the public safe and reduce infection risk,...
by Prudent Financial Services | Jan 29, 2020 | Consumer Debt, Credit Card Debt, Debt Management, Financial Counselling, Financial Problems, Getting Out of Debt, Loan with Bad Credit, Prudent Financial
It’s Bell Let’s Talk Day – a day that creates awareness around mental health initiatives. This topic is so important, particularly when it comes to finances, as money problems and mental health are often interconnected. Debt frequently triggers stress, which can...
by Prudent Financial Services | Oct 2, 2019 | Bad Credit Mortgage, Borrow With Your Home, Financial Problems, Getting Out of Debt, Home Equity Financing, Home Equity Loan, Home Equity Personal Loan, Mortgage Financing, Mortgage Renewal, Prudent Financial, Prudent Mortgage Corp, Second Mortgage
We write a lot about dealing with outstanding debt and finding more space in your budget – but what can you do if the problem isn’t your budget, but rather your expenses? It happens sometimes that the cost of living for a person or family may simply be too high....
by Prudent Financial Services | Mar 13, 2017 | Financial Problems, Tax Debt
We are officially into March now, and that means that the dreaded 2017 tax deadline is fast approaching. April 30th always seems to sneak up on us, and even if your tax filing is easy, that deadline always seems to arrive far sooner than planned. This is even more...
by Prudent Financial Services | Sep 7, 2016 | Bankruptcy Loans, Filing for Bankruptcy in Canada, Financial Problems
It happens. Good people file for bankruptcy and consumer proposals all the time. When times get really tough, and money troubles have you stressed out and losing sleep at night, sometimes these two financial options are the only things that will help. If you’ve chosen...
