Home Equity Loan or Second Mortgage: How does it work? Part 1 ( Video Blog for Home Owners)

Home Equity Loan or Second Mortgage: How does it work?  Part 1  ( Video Blog for Home Owners)

Make you home to work for you in times of need. Which one has better rates Home equity loans or second mortgage?
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PRUDENT FINANCIAL SERVICES (PFS) opened in 1984, specializing in the lowest cost same day personal and vehicle title loans for people with bankruptcies, proposals or bad credit scores in Toronto and GTA. Prudent was the first to offer bankruptcy loans in Ontario.

You can get in touch with us by phone or by applying online at https://www.prudentfinancial.net/
We’re happy to answer any questions or to schedule an appointment with you.

Don’t be fooled by the claims of pay day loan places or other bad credit loan competitors. Prudent has the lowest rates for bad credit loans in Toronto and the GTA.
Our loans are all open and repayable at any time. We offer on-line and same day financing. No upfront fees.
Prudent helps to rehabilitate credit for discharged and undischarged bankrupts, people with proposals almost paid off and people with bad credit histories.

Prudent reports all your Prudent loan payments to credit bureaus. But Prudent cannot “fix” or “repair” your credit. The credit bureau reports on the totality of your credit activities. The bureau updates regularly on your payments on credit cards, utilities, taxes as well as to banks, finance companies, credit unions etc. Prudent does try to educate its credit-challenged customers on wiser management of their financial affairs using information from responsible financial sources such as Bankruptcy Canada, Industry Canada, Credit Canada Debt Solutions, and BDO.

Business Hours
Monday to Friday
9am – 5pm
Saturday
9am – 1pm
Sunday
CLOSED
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Home equity loans are becoming easier to get, but that’s not a good thing. There is only one reason to get one, ever.

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Clark Howard is a nationally syndicated consumer expert who shows you ways to save more, spend less and avoid rip-offs. Clark’s practical money-saving advice will help you save on everyday expenses and major purchases, maximize your savings, plan for retirement and everything in between! Engage with Clark on Facebook and Twitter.

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The only legitimate use for a home equity loan | Clark Howard

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