Poor credit debt consolidating finance

19-Sep-2017 03:21

Customers are offered home equity loans with long amortization periods of up to 40 years.Easy Financial offers debt consolidation and personal loans to help clients reestablish credit.If you are looking for a bad credit loan in Canada, Prudent Financial is a good place to find small loans of up to ,000.Approval depends on factors such as assets, debt, income level, and employment.You can still get a small bad credit personal loan from alternative lenders, but they come with much higher interest attached, and should be used only as last resort.Although many Canadians would hate to admit it the real estate boom of the last 15 years is now over.Customers with poor credit and excessive debt, for example, are at risk of default.Easy Financial, Capital Direct, Prudent Financial, Canada Lend, and Tribecca Finance are the top 5 lenders that offer secured and unsecured loans to individuals with poor credit.

Comparison shopping is the best way to check rates, lending criteria, types of loans available, acceptable types of collateral, repayment schedules, and other details.

This is not a real estate post, but the fallout of the declining real estate has direct implications on the ability of the average Canadian to access personal credit.