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Prudent Helps People Get Out of Debt: “Thanks to All of You, My Life Can Now Get Back on Track”

On September 13, 2018 / Consolidating Debt, Debt Consolidation, Debt Freedom, Getting a Loan with Bad Credit, Getting Out of Debt / Comments Off

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…

Getting Out of Debt in 1-2-3

On January 4, 2016 / Bankruptcy Loans, Getting Out of Debt, Prudent Financial / Comments Off

We are officially into 2016 now, and that means that many of us are getting those New Year’s resolutions in place and prepping for the weeks and months ahead. If your resolution list included getting out of debt, we can help – it is as easy as…

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Mortgage closing costs in Toronto and the GTA can add up quickly. Keep in your budget with this advice.… https://t.co/qlqaagkekd 10:14:06 AM October 17, 2018

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Prudent Financial Services

Business Hours

Monday to Friday
9am - 5pm

Saturday
9am - 1pm

Sunday
CLOSED

Serving the GTA since 1984

Toronto
Etobicoke
Scarborough
Mississauga
North York
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Burlington
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London
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The Fineprint

Here is the fine print for your Prudent loan.

Min and Max period for a Prudent loan repayment

Answer: 1-5 years

What is the maximum annual percentage rate (APR), which includes the interest rate plus fees and other costs for a year?

Answer: 5.75% plus annual fee (ranges from 10% -19%) APR* – 15.75% – 24.75% maximum (effective rate will vary).

A representative example of a Prudent loan – How is it broken down with all applicable fees

A typical 1000.00 loan, paid off over a 12 month period borrows an amount of 1020.00 which includes the $20 credit application fee. Total cost is 231.94. Payment is 104.33. This does not include optional life insurance

*Rates vary according to credit risks but at all times compliant with all applicable legislation and Prudent does not rely upon any exclusion intended for a pay day style loan company.

Liens and other searches 16.00 and up dependent on loan amount and amortization.

In some situations some security may be required.

Questions? We pioneered the Responsible Lender Pledge. Call us anytime and we’ll be happy to discuss your loan and what fees may be involved depending on your particular circumstances.