Paying Off a Consumer Proposal With a Loan
While it may seem bizarre, there are lenders who extend credit to individuals for the purpose of paying off their consumer proposal. This is an attractive option because you can start rebuilding your credit the minute your consumer proposal has been paid off. In fact, the loan used to pay… Read More
Filing a Second Consumer Proposal
When debt woes have got you down, there are options to help you get back up. Depending on where you are on the spectrum of debt issues, there is a program or service that is best suited for you, and a consumer proposal may be it. Consumer proposals are… Read More
What is a 100% Consumer Proposal?
Having too much debt on your plate can not only be financially challenging, but it can also be extremely stressful. Luckily, there are plenty of programs available that are specifically designed to help consumers whittle down their debt and help them achieve financial freedom sooner rather than later One such… Read More
Can I Get Approved for a Loan While in a Consumer Proposal?
If you’re currently working through a consumer proposal but find yourself needing some extra help a loan might be the only solution to the financial crisis you’re going through. So, can you get approved for a loan while you’re in a consumer proposal?… Read More
Can I Pay Off My Consumer Proposal Early?
Are you currently working through a consumer proposal? Have you been diligently making your payments on time and hoping for the end? What most consumers don’t know is that it’s possible to pay off a consumer proposal ahead of schedule. The question is though, when is it the right… Read More
Life After a Consumer Proposal: Fastest Way to Build Credit
Many Canadians struggle with their finances, forcing them to seek out options to help them alleviate their debt. A well-known debt solution option is bankruptcy, which can offer consumers protection from creditors who may seek to launch lawsuits in an effort to recoup… Read More
What Happens When You Can’t Afford Your Consumer Proposal?
If you’ve been having a tough time handling all of your debt payments, you may have already sought out a way to alleviate your debt. One popular program that Canadians opt for when it comes to helping them manage their mounting debt is a consumer… Read More
What Happens to My Debt if I File a Consumer Proposal?
Some people can handle their debts on their own. However, others struggle to stay afloat. Whether their debts are too high, their income is too low, or a variety of other factors, some people need assistance when it comes to tackling their debts. While budgeting… Read More
What Happens When Your Creditors Reject Your Consumer Proposal?
If you’ve decided to file a consumer proposal, you obviously must have a good reason for it. Canadians file consumer proposals as a way to get protection from creditors who may be hounding them for money that they might still owe, or to… Read More