What is the difference between bruised credit, bad credit, and obliterated credit? We’re here to answer the question! To first understand that, let’s first define what is bad credit. In Canada, your credit score can range between 300 and 900, with 300 being the lowest and 900…
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If you’ve just filed for bankruptcy, rebuilding credit may be on your mind. The good news is that you don’t have to wait long. In fact, when it comes to rebuilding credit after bankruptcy, the sooner you start, the better. Believe it or not, you can actually…
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Your credit score is affected by many things, but did you know that the type of credit you choose actually plays a factor? Many people approach credit repair by choosing a credit product and paying that credit off on time and in full. While this is a…
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Do you have good credit? The answer may not be as simple as you think. Good credit is not: Tons of debt. Credit cards close to, at, or over the limit. Late payments can last for six years on your credit report. So do collection items, even…
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There are many misconceptions out there about consumer proposal credit. One we hear often is that if you’ve filed for, or are in, a consumer proposal, you have to wait until you’re discharged to start rebuilding credit. To put it simply – this isn’t true! A personal…
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Filing for bankruptcy can give you a clean financial slate by erasing debt, but it also leaves you with the worry of never having decent credit again. Fortunately, this doesn’t have to be the case. While an R9 score remains on your credit report for seven years…
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A secured credit card is one of the best ways to rebuild your credit. While credit cards have their dangers, like racking up a big limit with no way to repay it, they are also essential for many things in our society: You need a credit card…
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How to Get a Loan with Bad Credit When you have bruised or bad credit, it can seem nearly impossible to get a loan from the bank. But if you want to learn how to get a loan with bad credit, we can help you understand what…
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Unfortunately, the old saying can be true — it’s a dog eat dog world out there. And that can be made even more apparent if you’re seeking bad credit loans. When you have bad credit, you are more vulnerable. Less people want to loan to you, so…
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If you’ve filed for personal bankruptcy in Canada, you’re not alone. Thousands of Canadians have done the same. In 2016, 66,256 personal bankruptcies were declared in Canada. Of those, about 25,000 were filed in Quebec and roughly 17,500 in Ontario. In addition, 63,471 consumer proposals were received…
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