Types of Bad Credit
Canadian credit regulations ensure that every type of loan is subject to repayment. This means that every type of loan can, if conditions are not met, can go into default status and be classified as bad credit.
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Buying Your First Car
No matter who you are, buying or leasing a new car is a big deal. For most Canadians buying a new car is considered a major purchase and, for many, an exciting one. There is however another group of consumer in Canada with a much stronger connection to the car buying experience – the first time buyer.
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Bankruptcy Laws Change in Canada – Reactions are Mixed
September 2009 saw several changes to Canada’s bankruptcy laws. These “bankruptcy amendments” were first announced in August 2009 after being approved and passed by the Canadian Government.
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Canada’s New Bankruptcy Laws
On September 18th 2009, several new bankruptcy laws took affect in Canada. In the interest of keeping Canadian’s up to date on important consumer credit and bankruptcy news, here is a brief break down of the changes to bankruptcy law in Canada:
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