Bad Credit Toronto Loans

Good & Bad Credit Loans in Toronto

Bad Credit is a highly searched for phrase, and not surprisingly, Bad Credit Toronto also tops the list for the local GTA area. Whether you have good credit or bad credit, sooner or later you may need a loan, and if you happen to have bad credit, this makes things a little more of a problem.

If you have a Good credit rating, then you’ll find that getting low interest loans will be much easier, even when you’re not really looking for them. The banks will offer you more credit on your credit card and/or you could have a great line of credit offer as well.

Sadly for those with Bad Credit, those low interest rate loans are very hard to come by, as you could be more of a risk, and as a result, incur higher rates.

These bad credit loans, while they can fill that immediate need, the interest rate cost is often a very high rate, and can just lead you further into debt, and can cause additional damage to your credit rating. The higher the interest, the more that loan will cost you and longer to pay it off.

If you do have bad credit, and are possibly looking at getting a loan, step back and look at your financial situation. Getting your finances into order is advised. See our article on successful budgeting (Follow the Money). This can get you started, and from there we have a budgeting basics series.

Before making that step with going further into debt, see all your available options. If you are dealing with enormous debt, it can be easy to go further into debt, but getting that extra loan to pay off another debt, is not always the right choice. Sometimes you need to step back and see how serious your financial situation really is.

The more you can learn on how to budget and manage your finances, the better you will be at making the right choices for you and your family.

We provide a Free Initial Consultation, where we will go over all your options with you. We will work with you, to help you get your ‘fresh start’. Call us at 416-498-9200 to book your free appointment at one of our six convenient GTA locations.


Take Your First Step Towards A Debt Free Life

If you are overwhelmed by debt and live in the Toronto area, call us at 416-498-9200 to book a FREE, confidential appointment. We will review your financial situation in detail and discuss all of your options with you. Alternatively, you can fill out the form below and our team will reach out to you. 

Share This!

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on pinterest

Ready to live debt free?

The best decision I've made was to contact David Sklar & Associates, they are experts in this matters and also have dedicated Licensed Counsellors that provide the best customer support, like Rhoda Lewis, who I highly recommend. She worked tirelessly on my case, explaining ever detail to me willingly. She demonstrates a true interest in her clients. I appreciate how she patiently walked me through what to do, step by step. I now have control over my finances, as a result my life is much more peaceful and I can focus on what matters. Thank you!
Nilda H.
20:18 16 Jun 22
Very helpful and friendly! I am more than satisfied with my experience here. And more than happy with the outcome! Would definitely recommend .
Peggy Bulger
15:10 14 Jun 22
Jerry at David SKLAR helped me thoroughly understand my options and made me feel at ease. If you are looking at this type of service/help, I 100% recommend you give them a call.
Colleen H
12:50 14 Jun 22
Rhoda is a wonderful person, She help me and guided me throughout the process. I couldn’t do it without her support and expertise. Now I can start fresh and full of hope of a better life ahead of me.
ariezel erandio
21:33 06 Jun 22
The service I recieved from David Sklar and Associates was great. I was able to meet with Christin Sylver. She is kind, understanding and, professional. She was able to answer all the quesions that I had regarding my debt. At the end of our meetings, I felt that there is a heavy burden lifted from my shoulders. I recommend Chistine to anyone who is looking into debt relief.
Aliya H
12:11 04 Jun 22
Jerry is a very patient person, he answered all my questions and made this experience so smooth and easy for me. I was not sure what to expect but dealing with him made me feel so much better. He sure knows what he is doing and how to put people at ease for sure (should have done this long ago). I recommend him to anyone I am so glad I had him on my side and now to do my part. Thanks Jerry ur greatPattie
Patty Murphy
21:34 18 May 22
Rhoda Lewis helped me achieve a fresh start two and half years ago! She was very professional with a very warm, caring personality! I emailed her today with a question and she responded quickly. She's great at her chosen profession!!
Debbie Livingston
01:24 11 May 22
Nothing but good things to say about Jackie. She was so nice and so understand and everything was so quick and easy. In a matter of a week, there was the solution that I never thought was possible. Thank you so very much for everything that you have done. ❤️❤️❤️
Cassandra Keenan
21:05 10 May 22
I was in a lot of debt and stress, Jackie Stanley with David Sklar & Associates was very professional, and extremely helpful with getting out of debt. I should of did this sooner, they take the all the weight and stress of a persons shoulders, amazing team at David Sklar & Associates!!
Hubert Z
03:08 10 May 22
Jackie helped me out during a really tough time and she made the entire process very easy and painless. I highly recommend reaching out to her if you find yourself in any financial trouble. You won’t be disappointed!
prettylush 13
02:42 10 May 22