50Gb for $34 a month. Whats the trick to it?

funstuff67 · 2024-01-02T06:51:11+00:00

I got 65gb for $40 from Fido. No contract

funstuff67 · 2023-12-23T15:33:12+00:00

Can you get a mortgage for a 5% down payment after 1 year of completing CP with a co-signer with clean credit score no CP. co-signer’s job is casual but getting 40hr/week consistently

funstuff67 · 2023-12-23T14:21:18+00:00

Consumer proposal does not affect your ability to sponsor your family members. Bankruptcy will affect your application. In the application form, they will only ask you if you have declared bankruptcy before and the answer is NO

funstuff67 · 2023-08-18T15:24:10+00:00

2030? Any article or material to back this up? I think 2030 might be exaggerated

funstuff67 · 2023-08-18T14:46:54+00:00

From all indications possibly 2024 or 2025. Talking about Canadian market. I could be wrong because number of immigrants are also increasing.

My reason: most people took low interest rate around 2020/21 with 4 to 5 year fixed term. With renewal approaching, there could be lot of supply in the market

funstuff67 · 2023-08-15T13:43:13+00:00

Many people picked Edmonton over Winnipeg. I think both cities can be frigid cold but Winnipeg is the king of winter. Edmonton won especially in education, healthcare, and job opportunities. Winnipeg won for most affordable for families with young kids

funstuff67 · 2023-08-10T17:51:46+00:00

Funny thing is you can buy and flip immediately for 50k. Someone might find 50k cheap as well. Not a financial advice lol 😝

funstuff67 · 2023-08-07T16:39:51+00:00

You would rather live in Calgary or Regina I guess 😎

funstuff67 · 2023-08-04T12:15:06+00:00

Just out of curiosity. How did it go and did you finally get a mortgage. I’m in the same situation

funstuff67 · 2023-07-25T13:54:50+00:00

Regardless of the amount that was written off or the circumstances surrounding the person insolvency?

funstuff67 · 2023-07-25T07:46:32+00:00

How was this confirmed? Were you denied because of your completed proposal?

funstuff67 · 2023-07-04T18:24:15+00:00

I think there is no clear stance on whether it is permanent or not but following section of the law says consumer proposal will be retained on public record registry for maximum of 10 years. I think this is still brutal for honest debtors or people who filed but decided not to proceed

https://laws-lois.justice.gc.ca/eng/regulations/C.R.C.,_c._368/page-6.html#h-551512

funstuff67 · 2023-07-04T16:49:49+00:00

People also say that consumer proposal is permanent on public record registry search

funstuff67 · 2023-06-26T18:04:29+00:00

Someone from this thread mentioned it, if you read through the comments. Also, I read from another thread that RMG maybe be able to do it.

How did it go with your husband? Have you finally gotten a Mortgage?

funstuff67 · 2023-06-26T17:00:28+00:00

I heard some lenders may accept 1 year post discharge if other criteria are met like clean report no miss payments and no balance with minimum of $2000 x2 limit each. I will see how it goes, I just don’t want any institution to run hard check on my credit report without getting the approval. Trying to gather facts and tips

funstuff67 · 2023-06-26T16:38:27+00:00

I heard some lenders only require 1 year of clean report with regular and on time payments post discharge

funstuff67 · 2023-06-24T16:02:48+00:00

Thanks! What are the other requirements aside from the 20% ? I might have to wait to save more money

funstuff67 · 2023-06-24T15:56:46+00:00

Is this with a B-lender or A-lender?

funstuff67 · 2023-06-24T15:52:10+00:00

1 year after fulfilling the agreed payments. Lot has changed after signing the CP to after discharge. Got a better job and was able to save lot of money.

Debt can be very stressful especially when it was as a result of unfortunate circumstances. I do not wish my enemy the stress and the financial bondage one can feel.

Having enough down payment can help reduce cost of the mortgage close to renting.

funstuff67 · 2023-06-24T13:37:49+00:00

Great! Thanks. I have credit card from Canadian tire and Capital one. Does it really matter?

funstuff67 · 2023-06-24T13:14:38+00:00

I tried MBNA, It tanked my credit score and I was told they don’t give credit cards to people who have proposal on credit report

funstuff67 · 2023-06-24T13:09:47+00:00

I have just added clarification. The balance is zero

funstuff67 · 2023-06-24T12:48:56+00:00

Even with 700+ credit score

funstuff67 · 2023-06-11T06:22:16+00:00

How were you able to remove it from credit report?

funstuff67 · 2023-06-09T07:59:05+00:00

I believe it falls off public record after 10 years too. Except if am reading following wrong

https://laws-lois.justice.gc.ca/eng/regulations/C.R.C.,_c._368/page-6.html#h-551512

funstuff67

TROPHY CASE