2025-07-11
How to prepare for your mortgage renewal in a high-rate environment
With rates still elevated, Canadians renewing mortgages face tough choices. Here’s how to prepare.
2012-08-01
Hi, There are lots of lenders who will finance vehicles for those who have completed a bankruptcy (or for that matter even during a bankruptcy). I would suggest that you visit the car dealership where you are likely to purchase and talk to their credit department first, before you shop for a car. In essence, shop for the loan first. The credit department should be able to tell you, based on your current situation and credit rating, what terms they are likely to be able to get for you and who the loan would be with. If they won't work with you there are lots of other car dealerships out there. Assuming that your credit rating has improved since your bankruptcy (you have paid your bills on time, obtained and used a secured credit card etc.) I don't believe you will have any difficulty in obtaining a loan. It may not be at the best interest rate but it should be reasonable. You might wish to obtain a copy of your credit history before you contact the dealership. You can find out how to do that at eitherwww.equifax.ca orwww.transunion.ca. Good luck. Ian Schofield
2025-07-11
With rates still elevated, Canadians renewing mortgages face tough choices. Here’s how to prepare.
2025-07-11
From camps to lawn care, summer costs can add up fast. Learn how to plan ahead and avoid seasonal surprises before they catch you off guard.
2025-07-08
Alternatives to Bankruptcy Bankruptcy
If you sit down with your parents, they might have a lot of valuable pieces of advice to help you save money. These five tips can help you build a budget.