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Where to get consolidating loans government

This is not a real estate post, but the fallout of the declining real estate has direct implications on the ability of the average Canadian to access personal credit.The first victims of declining real estate values are of course people who rely on home equity lines of credit and refinancing to pay their bills and expensive to service credit card debt.

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Easy Financial offers debt consolidation and personal loans to help clients reestablish credit.Guaranteed approval usually means that lenders accept applications from clients with a history of consumer proposals, bankruptcies, credit counseling, seriously delinquent accounts, and past collections.Thus loan providers have more lenient lending and credit requirements compared to banks.Capital Direct is another lending service that provides home equity loans and lines of credit to pay one-time, recurring, or unexpected expenses.Borrowers are offered lines of credit with variable repayment schedules and rates and debt consolidation options.I see signs of restricting personal credit in Canada everywhere lately.

Even secured credit card providers like Peoples Trust has discontinued their popular secured card this summer.

Some finance companies don’t run a credit check but require regular and stable income and look at the customer’s individual circumstances.

Another option is to apply for a home equity or secured auto loan whereby your home equity or vehicle serves as collateral.

Easy Financial, for example, offers home equity and personal loans to customers who need cash to pay unexpected or medical expenses, pay a consumer proposal, or consolidate existing loan balances.

The company also offers consumer loans to help borrowers repair or establish credit.

If you are looking for a bad credit loan in Canada, Prudent Financial is a good place to find small loans of up to $5,000.