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?

I cannot emphasize enough how thankful I am for Jackie Stanley's help with filing for bankruptcy.All of us dread being put in this position and we have a million questions about the process but trust me Jackie makes it so easy for you that you don't have to do anything yourself!She is very kind and friendly and puts you at ease right away. She emphasizes with you and let's you know it's not your fault.Most importantly when you leave that first meeting you will not believe the load that is taken off your shoulders. You can actually feel it!You are a godsend Jackie and I can't thank you enough!!I hope you are highly valued there as much as you are by me!
Sue Murray
18:45 05 Dec 21
Putting together and executing a Consumer Proposal can be daunting, that is unless you work with Cori Naron at David Sklar & Associates Inc. Cori's advice and support has been instrumental over the past five years. Thank you Cori!!
Barry Kuntz
20:37 01 Dec 21
I’m very happy with the services I received for Jackie Stanley who helped me get my finances in order. It was a quick and easy process & all of my questions were answered.
Amanda Frappier
01:18 19 Nov 21
I have had the privilege of being supported by Jackie at David Sklar Associate. She was very helpful, very professional and very friendly. She gave me the help I need. Thank you Jackie for your help.
Alex Taylor
22:03 17 Nov 21
Got my probe solved, great service
arny raposo
17:02 11 Nov 21
Jackie at Daivid Sklar and Associates is such a pleasure to work with. She explained everything in great detail and is always there when I have a question or concern. She really cares about her clients.
Steve Medica
09:33 10 Nov 21
I filed a proposal with another group, which came in as a referral from one of my brokers. My experience went from ok to bad to worse, due to lack of communication and education on the process I was to embark on. I worked with Cori Naron in the past, and I came to her now for help on literally doing the work that the other group should have done. Cori stepped in, educated me, advised on rights, responsibilities, how the process works and what potential outcomes may happen. I do not have enough words of recognition and gratitude for what she did - she alleviated stress, anxiety, dead-end thoughts and she made me live again. Congrats to DSklar for hiring her and retaining such talent.
Giani Kokolakis
18:45 25 Oct 21
Very professional service. Before contacting David Sklar & Associates i contacted bunch of other firms they seemed fishy. After I spoke with Jason Sklar at Hamilton Office I discovered professionalism with hope. I was explained every step of my situation with solution professionally. Thank you David Sklar & Associates.
Wajay Awan
07:29 12 Oct 21
I met David a few months ago and i am glad I did. He has helped me all the way through my bankruptcy with good advice and explained every step of the process. David is a very down to earth and very professional. Anytime I've had a question I was able to reach out to David by phone or email and he always got back to me. If your struggling with your bills and need a way to get help, I strongly recommend David Sklar &Associates to help you. My experience with them on 1-5scale would be a 5;; My life is so much better now, thanks to David Sklar.
Bruce Locke
16:13 08 Oct 21
I have had the privilege of being supported by Jackie S, at David Sklar n Associate.She was helpful, professional and friendly. I was able to get the help I needed at a difficult time in my life. I would recommend anyone who needs support with working out their debts to ask for Jackie, she will be waiting to assist however she can to help you through your debts. She works with a team who is always ready and responsive.Thank you Jackie and your team:)
Denise Simpson
15:17 09 Sep 21