What Is A Bad Credit Loan? How does it work?

Do you need a bad credit loan?

If you are looking for a loan but the bank says no, getting a bad credit loan can be an option. However, this may not mean that you have bad credit. Bad credit can affect you in many ways. If you were bankrupt, or in a proposal in past your credit score will go down. Having too much debt may also be a reason to have a bad credit score.  

There are many bad credit lenders in Ontario. But Prudent offers the lowest rates bad credit loans since 1984.

Learn more about bad credit loans in this video.



More Posts

Are online only banks right for you in Canada?

A home equity loan vs a Reverse Mortgage in Canada

Your credit score and simple ways to improve it

The Basics of budgeting and taking on new debt

Mental health and your finances during Covid

Preparation for the Second Wave and your finances

Money saving tips when you’re impacted by Covid-19

Should I only make the minimum payment on my credit card?

Can a Second Mortgage be beneficial in the GTA?

Car Financing in a Crisis

Secure Your Loan. Apply Today!

Click below to submit your loan application.