Debt Free Life
Welcome to "Debt Free Life," a podcast dedicated to helping Canadians take control of their finances and eliminate debt. Presented by David Sklar & Associates, a supportive and caring team of Licensed Insolvency Trustees, we're committed to guiding you toward a brighter financial future.
Join us as we explore a wide range of topics, including Consumer Proposals, Credit Counselling, Division 1 Proposals, Personal Bankruptcy, Debt Consolidation, Student Loans, Money Management, Protection from Creditors, Income Tax Debt, Wage Garnishment, Budgeting, Saving, and so much more. Our knowledgeable and compassionate team shares insights and strategies to empower you with the tools you need to make informed financial decisions.
At "Debt Free Life," our mission is to provide education and support as you navigate the world of insolvency. Tune in to start your journey toward financial freedom and a debt-free life.
Debt Free Life
Can I Apply for Credit During a Consumer Proposal?
One of the most frequently asked questions we receive is, “Will my credit be affected, and will I still be able to use a credit card after I file a consumer proposal?” The short answer is yes, a consumer proposal will impact your credit rating and yes, you will still be able to acquire a credit card after you file. A consumer proposal will have an effect on your credit report, but these effects are temporary and vary depending on the repayment terms of your proposal. Listen in and find out how you can quickly rebuild your credit after filing for a consumer proposal.
Related Links:
Can I Apply for Credit During a Consumer Proposal?:
https://davidsklar.com/blog/can-i-apply-for-credit-during-a-consumer-proposal/
Consumer Proposal or Bankruptcy? What Is the Best Choice for You:
https://davidsklar.com/blog/consumer-proposal-or-bankruptcy-what-is-the-best-choice-for-you/
The Role of a Consumer Proposal Administrator:
https://davidsklar.com/blog/the-role-of-a-consumer-proposal-administrator/