Why Keeping a Good Credit Score is Important

by Prudent Financial Services | Apr 8, 2020 | Bad Credit Borrowing, Credit Rebuilding, Credit Repair in Canada, Credit Reporting, Equifax Credit Report, Fixing Your Credit, Getting a Loan with Bad Credit, How to Rebuild Credit, Loan After Bad Credit, Loan with Bad Credit, Prudent Financial, Rebuilding Credit, Request your Credit Report

Why is keeping a good credit score important? Most people know that a higher credit score can get better interest rates on financing, but the risks of a low credit score go beyond that. A credit score indicates your ability to repay debts. It’s what most traditional...

Bad Credit Loans in 1-2-3

by Prudent Financial Services | Apr 2, 2020 | Bad Credit Borrowing, Equity Loans, How to Get Approved For a Loan, Loan with Bad Credit, Payday Loan Interest, Payday Loans, Personal Loan, Personal Loan Financing, Private Lenders, Prudent Financial

Not all bad credit loans are created equal. When you have bruised credit and are looking for a loan, it feels like your options are limited. But rest assured that you do have choices. In this blog, we’re breaking down what those choices are and how to select the best...

Canadian Debt Skyrockets – Are You Feeling the Pinch?

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...

Laid Off Or Out-Of-Work Due to COVID-19? Financial Options for Staying Afloat

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,...

Consumer Proposals, Bankruptcies, and Your Vehicle

by Prudent Financial Services | Mar 18, 2020 | Bankruptcy in Canada, Bankruptcy Loans, Buy a New Vehicle, Buying a Car, Buying a Used Car in Ontario, Car Loan Borrowing, Consumer Proposal, consumer Proposal in Ontario, Credit After Bankruptcy, Filed for Bankruptcy, Filing for Bankruptcy in Canada, Prudent Financial, Prudent Value Cars, Rebounding After a Consumer Proposal, Undischarged Bankruptcy Loan

Thinking about filing for a consumer proposal or bankruptcy? You might have a few questions. One of the questions we hear most frequently is “what happens to my vehicle?” Whether you’re considering filing for a consumer proposal or bankruptcy, your car could be...

Rebuilding Credit is Easier Than You Think!

by Prudent Financial Services | Mar 11, 2020 | Bad Credit Borrowing, Credit After Bankruptcy, Credit Rebuilding, Credit Repair in Canada, How to Rebuild Credit, Loan After Bad Credit, Prudent Financial, Rebuilding Credit

Rebuilding credit has a lot of misconceptions around it. One of these common myths is that it’s hard to do. The truth is that with the right strategies and steps, fixing a bad credit score is a lot easier than you might think! The trick is knowing what to do and in...