Posts Tagged ‘purchase’

The 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.

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Financial 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.

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