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BAD CREDIT LOANS GUARANTEED APPROVAL

bad credit loans guaranteed approval, debt, starting over starting now, financial help, trustee, professional licensed bankruptcy trustee, licensed trustee, personal financial management, financial problems, creditor, bankruptcy trustee, danger signs, debts, personal loans, credit cards, payday loans, living paycheque to paycheque, uncontrolled debt, bad credit loans, debt free life, professional financial helpIf you are searching for bad credit loans guaranteed approval, then you already know that one of the more frightening feelings common in the modern world is falling into debt and not knowing how to get out. Debt has a way of sneaking up and overwhelming us before we realize what is going on.

Many people have not had the training in personal financial management needed to stay out of debt, and they are in need of guidance from someone who has this expertise for resolving their financial problems. Unfortunately, people in this situation often get into more trouble by looking for bad credit loans guaranteed approval by a new creditor rather than finding the help they really need from a bankruptcy trustee.

Bad Credit Loans Guaranteed Approval

If you find yourself typing the above search term into your search engine, you may well be looking at one of the danger signs that you are in need of professional help in dealing with your debts. Other signs that debt is out of hand include:

  1. not having any savings;
  2. taking personal loans from family or friends;
  3. missing payments on credit cards, mortgage, or rent;
  4. using your credit card for buying groceries and other necessities;
  5. relying on credit cards to get from one payday to the next;
  6. not knowing the total amount you owe; and
  7. not being able to manage living paycheque to paycheque.

The worry and stress created by these pressures makes finding a way out of the situation even harder. Uncontrolled debt can take a big toll on family life and reduce, or eliminate, the resources for relaxation and leisure, leaving the person with no time to even look for the light at the end of the tunnel. I can assure you from all of the cases we have handled, a bad credit loans guaranteed approval company is not a solution to your overall debt problem.

As the debt mounts, the prospect of looking at the whole picture becomes even more overwhelming. However, looking objectively at your whole situation is the most important first step for resolving the crisis, and this is exactly what you can gain by using the assistance and perspective of a professional licensed bankruptcy trustee. I can look at your situation clearly as a third party, and I will not charge you for that consultation. So all you have to lose, is your debt!

Avoiding Bad Credit Loans Guaranteed Approval

If you have found yourself seeking more bad credit loans, consider turning in a new direction that can lead you out of debt forever. Take a deep breath, step back for a moment and have a consultation with a licensed bankruptcy trustee who can help you in facing the full dimensions of your problem and then devise a plan that moves you toward a debt free life.

We have written several blogs about the high amounts charged by bad credit loans guaranteed approval companies and how they take advantage of people at their weakest moment, and you may wish to read some of them. They include: BAD CREDIT LOANS TORONTO: LEGIT COMPANIES DON’T GUARANTEE THEM, PAYDAY LOANS ARE NOT THE ANSWER TO YOUR FINANCIAL PROBLEMS, and THE CASH STORE ONTARIO: THIS PAYDAY LOAN OUTFIT NEEDED HELP AND CALLED A TRUSTEE! If you read these blogs, you will see why we say that a bad credit loans guaranteed approval company is not the way to solve your financial problems.

If debt has overwhelmed your life and you are still looking for more, that is a definite warning sign that it is time for professional financial help. Contact Ira Smith Trustee & Receiver Inc. immediately. We will evaluate your situation and provide you with a solid plan for moving forward so that Starting Over, Starting Now you can live a debt free life.

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Brandon Blog Post

THE CASH STORE ONTARIO: THIS PAYDAY LOAN OUTFIT NEEDED HELP AND CALLED A TRUSTEE!

Real Payday Loan Help, payday loan, payday loans, payday loan companies, guaranteed bad credit loans Toronto, bad credit loans Toronto, bad credit loans online, trustees, licensed trustees, trustee, debt, The Cash Store OntarioDo you need help-The Cash Store Ontario Payday Loan? Any other payday loan? Contact a Trustee. THEY DID!! They are currently in formal bankruptcy protection restructuring proceedings and had to stop making loans in certain provinces, including Ontario!

Payday loans such as The Cash Store Ontario payday loan are an ongoing problem and we’ve reported on this very serious issue in a number of blogs – Legit Companies Don’t Guarantee Bad Credit Loans Toronto, Beware Of Payday Loan Companies Targeting You With Mobile Apps!, Bad Credit Loans Online Attack The Already Vulnerable, Payday Loans Are Not The Answer To Your Financial Problems, and Ontario Cracks Down On The Cash Store Payday Loan Company.

Companies and products just like The Cash Store Ontario payday loan prey on the already vulnerable, people looking for guaranteed bad credit loans. I thought that things couldn’t get worse for the consumer, until I saw a television commercial from a company called Real Payday Loan Help. This company is selling educational courses, taking advantage of people who have already been taken advantage of yet are continuing to look for companies advertising “guaranteed bad credit loans Toronto”. This is not a Canadian company; they are based in Florida. They are not professional, federally licensed trustees. They can’t offer you any help with your serious debt issues. The only thing they can do is help you create more debt.

It’s not surprising that payday loan companies and products like The Cash Store Ontario payday loan and companies like Real Payday Loan Help are moving into Canada. The United States has been cracking down on payday loan companies. Currently there are 12 states where payday loans are completely banned, but there are many more in which the industry is restricted in some way or another. In fact, only six states have no cash advance interest ceiling whatsoever. The Federal Trade Commission (FTC) enforces many laws to protect consumers in this area and they have filed many law enforcement actions against payday loan companies.

When you have serious debt issues you need help from a licensed trustee. Bad credit loans online will only help you get caught in a debt spiral. So, if you are involved with a company or product such as The Cash Store Ontario payday loan, you do need help. The Cash Store Ontario had to go to a licensed trustee and you should too. You need Ira Smith Trustee & Receiver Inc. We will evaluate your situation and provide you with a solid plan for moving forward so that Starting Over, Starting Now you can live a debt free life.

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PAYDAY LOANS: ONTARIO CRACKS DOWN ON THE CASH STORE

payday loans, payday loans company, payday loan companies, consumer proposal, bankruptcy alternatives, trustee, bankruptcy and insolvency act, vaughan trustee, bankruptcy ontario, Ira Smith Trustee & Receiver Inc., payday loan, payday loan companies, mobile apps, instant cash, credit, bad credit, bankruptcy, bankruptcy alternatives, credit counselling, debt consolidation, consumer proposals, trustee, Canadian Payday Loan Association, living paycheque to paycheque, credit problemsPayday loans. We’ve been making you aware of the dangers of using them in our previous blogs – Legitimate Companies Don’t Guarantee Loans If You Have Bad Credit Or No Credit, Payday Loans Are Not The Answer To Your Financial Problems, Beware of Payday Loan Companies Targeting you with Mobile Apps! and Online Bad Credit Loans Attack the Already Vulnerable. The Ontario Ministry of Consumer Services refused to issue a lender’s license to The Cash Store under the Payday Loans Act, 2008, S.O. 2008, Ch. 9 which was upheld by the Court. The result is that The Cash Store is not currently permitted to sell any payday loan products or line of credit products in Ontario. The Ontario Government found that The Cash Store was attacking the already vulnerable, in ways we have explained in our previous blogs (which you can read by clicking on the links above). Watch the video below to find out more. There is no quick fix for serious debt problems and digging a deeper hole for yourself with a high interest payday loan is only going to make matters worse. Stop the downward debt spiral and seek out a professional trustee. At Ira Smith Trustee & Receiver Inc. helping clients deal with serious debt issues is our business. There are a variety of options available to you including bankruptcy alternativescredit counselling, debt consolidation, and consumer proposals – and bankruptcy. Let us help you end the downward debt spiral so that Starting Over, Starting Now you can live a debt free life. Here is the video of a news report which was done prior to the Court upholding the Ontario Government’s decision to ban The Cash Store from making payday loans or other loans

 

 

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Brandon Blog Post

PAYDAY LOANS ARE NOT THE ANSWER TO YOUR FINANCIAL PROBLEMS

PAYDAY LOANS ARE NOT THE ANSWER TO YOUR FINANCIAL PROBLEMSPayday loans. The holidays are over and it’s time to pay the piper. Your mail box is full of credit card bills and you don’t know where the money is going to come from, so you think about payday loans.

You’ve got the TV on and low and behold, what could be playing but a commercial for a company offering payday loans promising to be the cure for what ails you. Just make a call, drop into a payday loan store or go online and like magic, your money problems will be over with payday loans. Not so fast! That’s not exactly how it works. And, it will not solve your money problems; it will create new ones. Instead of owing the credit card companies money, you will owe the payday loan companies money. Payday loan companies don’t lend money because they are charitable. They lend money at exorbitant rates because they know that you can’t borrow anywhere else and you will get caught in the cycle of endless payday loans.

Here is a typical example of how payday loan companies do business. The Cash Store charges annual interest of 59.9% to new borrowers. As a result the provinces have been going after payday loan companies to protect the consumer. The December 2013 amendment by Ontario is the second time that year The Cash Store and their payday loans faced regulatory scrutiny from the province, according to Moody’s. In February, the Ontario Ministry of Consumer Services was preparing to revoke the company’s payday loans licence when it substituted a new one-year line of credit product to continue lending. Payday loans are most often taken out by low-income people willing to pay high interest rates to avoid falling behind on their bills or to cover emergency expenses, according to studies commissioned by the Canadian government and the Canadian Payday Loan Association.

If you have to go to a payday loan company, you have serious debt issues and you need professional help. There is nothing to be ashamed of. You’re like many people who have been living paycheque to paycheque until one day you either lose the paycheque or it just isn’t enough to pay the bills. Contact Ira Smith Trustee & Receiver Inc. today. We will evaluate your situation and discuss the options with you which may include bankruptcy alternatives such as credit counselling, debt consolidation and consumer proposals in addition to bankruptcy. Starting Over, Starting Now you can live a debt free life.

Call a Trustee Now!