Posts Tagged ‘bills’
Will Bankruptcy Ruin My Credit?
People often try to avoid bankruptcy at all costs because they are worried about ruining their credit rating. They pride themselves on paying their bills on time, have always maintained a strong credit score and they thought of doing anything to jeopardize that is unthinkable.
Read More10 Steps To Rebuild Your Credit Rating After Bankruptcy
Once you have been discharged from your personal bankruptcy or consumer proposal there are some steps you can follow to put you on the path to a healthy credit rating.
Read MoreThe Difference Between Prepaid and Secured Credit Cards
Two credit card products that often get confused are secured and prepaid credit cards. Let’s take a closer look at the characteristics of each one and some of the things you should be aware of before choosing either of these products. Choosing the product that is best for you will depend on your circumstances. Either way, we encourage you to do your research and to read the cardholder agreement or terms and conditions prior to opening one of these products.
Read MoreFinancial Warning Signs
Most of us can sense impending financial trouble but we tend to shy away from seeking professional help out of embarrassment or fear of being judged. Licenced Insolvency Trustees and debt counsellors are there to help and should be able to provide you with financial counselling in a non-judgmental and professional manner. The information they provide should help you better understand your financial situation and the options and resources that are in place to assist you. This will allow you to make the best possible decision to resolve your financial concerns.
Read MoreThe Importance of a Good Credit Rating
Since your credit score is a reflection of how you have or have not paid your bills in the past, many businesses, landlords, mortgage lenders, utility providers, and even employers; use your credit score to predict your future financial responsibility. Anytime you need to borrow money, or even use services, your credit score is may be called into question. This is why maintaining good credit score is important.
Read More10 Warning Signs of Financial Hardship
Most people don’t want others to know about their finances so they avoid reaching out for help out of embarrassment and fear. However when they finally build up the courage to make that call or send that email, they usually feel a great sense of relief and are surprised to find out that it’s not nearly as bad as they had imagined; there are solutions.
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