Will Filing for a Consumer Proposal Ruin Your Credit?
One of the questions we’re asked most often has to do with filing for a consumer proposal and your credit score. Many people want to know – if you file for a proposal, will your credit be ruined? The answer isn’t as simple as “yes” or “no.” To start, we need to look at what […]
How to Rebuild Your Credit Blog Series – Part 4 Having Too Many Credit Products and Too Much Debt
This is the fourth blog in a 4 part blog series about how to rebuild your credit. When you accumulate too much debt or have too many credit products, this can harm your credit. Credit card companies are aggressive, using marketing points programs, promotion and incentives to entice consumers to take out a credit card. […]
How to Rebuild Your Credit Blog Series – Part 2 Late Payments and Defaults to Creditors
This is the second part in a four part blog series about how to rebuild your credit. If you have made late payments on your credit card or have defaulted on debts to creditors this will have a severe impact on your credit that will not resolve itself until you deal with the debt you […]