BAD CREDIT PERSONAL LOANS? WHICH TYPE OF LENDER TO CHOOSE ?

What is a bad credit loan? Basically, it is a loan with a very low or bad credit score as a result of defaulting on loan payments, showing R9's on your Equifax report, going into collections and ending up in bankruptcy or consumer proposal. These loans are often called "sub-prime" loans and are perceived as high risk and therefore involve higher interest rates.Can I get a car or personal loan if I have bad credit?Yes, there are many sub-prime lenders out there who will advance loans for cars, personal loans and mortgages -- but approval will depend on how much you owe and if you are in arrears. Also, the amount you can loan will depend on your...

Applying For a Low Rate Home Loan with Bad Credit

We all make mistakes and some of these mistakes could be financial mistakes that have caused your credit rating to plummet or even forced you into bankruptcy. Now you’re in the position where you need a mortgage so what do you do? Don’t be discouraged, there are lenders who specialize in lending money to people with bad credit histories. Here are some steps to take when you apply for a home loan with bad credit:Your credit rating – Your credit score can have a serious impact on your mortgage so request your credit report and work through it with a fine tooth comb. Correcting even a single simple mistake on your credit history could potentially...

Credit Repair Scams and How to Avoid Them

It seems like every store you set foot in today offers you credit cards. With the opportunity to be able to apply right at the checkout counter and get a new credit card instead of having to buy out of pocket for your purchase, and with promises of easy approval, these cards are certainly tantalizing. But they also carry dangers with them – dangers that can impact areas of your life that you're unlikely to be considering while filling out the simple application for them. In short, retail credit cards can carry some very serious threats behind them.The Pro’s and Con’s of Credit Cards:In most cases, credit cards don't have quite the flexibility or the better terms that some of the best credit cards have.Some may have great interest rates, but many have higher than average ones. And if you...

6 Month Loans - Quick Amount For the Duration of Six Months

Suppose there is a situation where you cannot wait for money, you have a sudden expense and you have to fulfill this expense within six month. And you have not enough funds to fulfill your goals. At that time you will contact your friends and relatives but sometimes all your sources go fail due to any reason. This time may be very critical for everybody. So there is an option for you and you can get money very quickly with the help of this fascinating idea. This is 6 month loans scheme which helps you to get whatever you want.This 6 month loan scheme is the scheme in which you can get money for six months and that cash helps you to pay all your expenses on time without any default and penalty. But there may be some conditions and requirements and you have to fulfill all this. These are aso...

Winter Emergency Kit

Holiday season excitements often lead us to forget to prepare for winter.Even though you may believe you are ready to face the winter chills with your scruffs, mitts and snow shovel—you may never know about emergencies!  So prepare an emergency kit this winter. If you already have one, then it’s time to ensure everything is in order. Here is a small list of items you should keep on your winter emergency kit.·         Candles, heavy duty matches and a fire-proof container ·         Bottled water and non-perishable food for family and pets. ·        ...

Black Friday- a Shopping Frenzy! Is Cross- Border Shopping Worth It or Not?

Like many Canadians, you are going to join the shopping madness on Black Friday in the U.S.But is the time, energy or money worth it? Some bargain hunters find Door Crasher sales, Power Prices and great brand selection too alluring not to go. But some are not so sure. The reasons are lengthy border wait times, crazy impulse purchases and most of all The Crowds!  Also, many Canadian stores are offering deep discounts on top brands and extended shopping hours on special Black Friday.So when you factor in the costs of gas, the mileage, the time it takes to cross the border, does it all add up to such a bargain?  Tell us what you think! ...

Christmas shopping plan without going RED on your budget

If you visited any mall this weekend, then you have already realized the Christmas shopping is in full bloom!Even though you may feel like bringing everything home that’s on SALE at ridiculous prices that you’ll never see again, it’s time for you to calm down and prepare a list for Christmas shopping.Check out the prudent way to became one smart shopper this holiday season.1.       Become tech savvy. A recent article on Moneyville mentioned most buyers will shop online this holiday season. The reason is you can compare, compare and compare! Online shopping will not only save you money but also save you significant...