If you have bad credit – and it seems that more and more people are in that situation these days – then getting a loan, especially in Canada can be difficult. The entire world has been hit by a financial crisis and Canada is no different. And, if you have bad credit, loans in Canada are even harder to get.

The definition of “bad credit” varies somewhat, and it has gotten more restrictive over the past few years. A credit score that used to be considered good is now considered moderate or even bad. Unless your score is… Continue reading

When you have bad credit, it sometimes seems like no one wants to be your friend. If you have bad credit loans in Canada are almost impossible to get. The Canadian banks don’t want to talk to you, even if you already have an account with them. Because the economy all around the world has become so tight, no one is lending money – or so it seems.

Yes, it is true that your bad credit is usually a direct result of you not paying your bills on time in the past, but that is no reason why… Continue reading