Alpine Credits' Blog

We’ve always got our eye on the US economy. Not only because we’re friendly neighbours, but because they’re such an economic powerhouse that their financial well-being inevitably effects ours and the rest of the world’s.

So when we read that $1.3 trillion of consumer debt is delinquent (something our dear friend Scarlett would know about) during our routine scan of the business section in the New York Times, it was another disheartening reminder that the world is not even close to getting out of the financial backwoods. The only sliver of hope is that consumers are at least trying to curb their debt by opening less credit card accounts, a lesson that we hold dear to our hearts.

Although we averted an economic meltdown of that magnitude due to our strict mortgage rules, Canadians have felt the downstream effects of the recession by the widespread loss of job and business opportunities.

If you’re struggling to pay the bills and manage your debt, there’s still hope. Because at Alpine Credits, we don’t care if you’ve got bad credit, or none at all. We don’t follow the same stiff rules that banks do. The only requirement is that you own your home. If you do, you can get a loan.