by Prudent Financial Services | Feb 26, 2020 | Bad Credit Borrowing, Borrow with Your Car, Borrow With Your Home, Car Title Loan, Car Title Loans, Equity Loans, Getting a Loan with Bad Credit, Home Equity Financing, Home Equity Loan, Home Equity Personal Loan, Personal Loan, Personal Loan Financing, Prudent Financial, Self Employed Loan
Equity lending is changing the borrowing game — and for a good reason! It’s a non-judgmental form of lending that depends on security, not your past. While other lenders require a good credit score, provable income, a strong loan-to-value (LTV) ratio, and more, equity...
by Prudent Financial Services | Feb 19, 2020 | Bad Credit Borrowing, Payday Loan Interest, Payday Loans, Personal Loan, Personal Loan Financing, Prudent Financial
The City of Toronto is no longer handing out licenses to payday lenders. In October of 2019, the City of Toronto council voted unanimously to stop issuing licenses to payday loan outlets. Councillors said the payday lenders are “predatory” toward low-income residents....
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 | Jan 22, 2020 | Bank of Canada Interest Rate, Canadian Interest Rate, Interest Rates, Mortgage Interest Rate
The Bank of Canada (BOC) interest rate is staying the same for January 2020. It’s the 10th time in a row this has happened — the interest rate has stayed at 1.75% since October of 2018. But the January 2020 BOC announcement pointed to an interesting trend – Canadians...
by Prudent Financial Services | Dec 4, 2019 | Bank of Canada Interest Rate, Canadian Consumer Debt, Canadian Interest Rate, Credit Card Debt, Credit Rebuilding, Financial Planning, Getting Out of Debt, Holiday Spending, Interest Rates, Mortgage Interest Rate, Prudent Financial
Start Your New Year’s Financial Planning Early! The Bank of Canada interest rate is officially staying at 1.75% for the rest of the year. On December 4, 2019, the Bank of Canada (BOC) announced the interest rate would remain the same for another month. This marks no...