Canada's Trusted Bad Credit Car Loan Resource

More than 70 per cent of Canadians are living with some form of debt, according to Statistics Canada. But when things go wrong, that debt can add up and accumulate in a hurry. Here are four tips to help you get out of debt.

Car lease programs can offer drivers a way to drive the newest vehicles while paying less than they would if they financed them. But when you are dealing with blemishes on your credit, getting approved for one can be difficult.

There are plenty of attractive leasing offers out there, but is it even possible to lease a car with poor credit? And would a lessee with less than perfect credit get reasonable terms?

If you have severe credit issues and need to buy a car, going to a buy here pay here (BHPH) lot is always an option. Just remember that there are drawbacks involved.

Are you in severe financial trouble with no clear way out? If so, a consumer proposal may be right for you if your total debts do not exceed $250,000. This legally binding process gives you an opportunity to be released from your debts after you meet the conditions that are set forth in an agreement with your creditors. While this can be a long and expensive course of action, it has the potential to improve your situation when completed.

When you are seeking relief from unpaid debt, you may be wondering what options are available when you know you don't have enough money to fully pay all of your obligations. One way to clear your debt is by filing for Personal Bankruptcy. However, in most cases, it is advisable to go with a Consumer Proposal plan.