We tend to recommend using credit cards to help you rebuild credit but there are actually dozens of ways you can do it. Today’s post is going to outline a few more steps to rebuild credit score.   We asked our auto loans team to outline a few straightforward steps to rebuild credit score. Here are some of the better suggestions!     What Goes Into Credit Score Calculations?   Not every credit reporting agency uses the exact same calculation, but there are some basics you should be aware of.   Payment history: Paying your bills in full and on time is vital to achie ..read more

Of the many retired people we get to meet doing this job, a very popular ambition is to hit the road and explore Canada. It’s a vast country and most of us usually only see a tiny percentage of it during our working life. This begs the question, is buying a car when retired much different than buying a car with a job? Get Pre-Approved in 2 Minutes or Less. All credit scores accepted & no down payments required. Apply Now We asked our auto loans team to outline how you might go about buying a car when retired. If you want to explore Canada and your current car isn’t enough, there’s nothin ..read more

Most people know that you need a credit score to get a car loan in Burlington but does financing a car help build credit? Once you qualify for the loan, do it begin repaying you by helping your credit score?   Servicing any debt will help boost your credit score, including an auto loan! Get Pre-Approved in 2 Minutes or Less. All credit scores accepted & no down payments required. Apply Now How Does Financing a Car Help Build Credit? Your credit score will influence how many lenders will work with you and the interest you pay on that loan. Once you have the loan, a few successful pay ..read more

Canadians buying a car with poor credit will need to do some legwork.   Our auto loans team are going to give you an outline of the steps you must take to get a newer car and the first thing is having the right expectation. Get Pre-Approved in 2 Minutes or Less. All credit scores accepted & no down payments required. Apply Now How to Buy a Car With Poor Credit Score If your credit score is below 700 you will not qualify for a prime interest rate car loan. That means you are going to be quoted a higher rate. The higher the interest rate you have to pay, the less money you will have a ..read more

Have you ever wondered how some people seem to effortlessly drive away in their dream car, while others face the uncertainty of loan approvals and interest rates?   The answer might be simpler than you think. In Canada, the concept of being “pre-approved” for a car is a game-changer. But what does it really mean, and how does it work? Get Pre-Approved in 2 Minutes or Less. All credit scores accepted & no down payments required. Apply Now Understanding Pre-Approval In essence, being pre-approved for a car means that you’ve taken the first step towards securing the necessary financing ..read more

Are you in the market for a new set of wheels but wary of the uncertainties that come with buying from a private seller? Consider buying a used car from a dealership.   This comprehensive guide will walk you through the essential steps to make your dealership car-buying experience as smooth as possible, focusing on the Canadian market. Get Pre-Approved in 2 Minutes or Less. All credit scores accepted & no down payments required. Apply Now Step 1: Define Your Budget Before you step onto the dealership lot, it’s crucial to establish your budget. Determine how much you can comfortably ..read more

Have you ever wondered, “How old of a car can I finance?” Whether you’re looking for a reliable vehicle to commute, a family car, or even a project car, the age of the vehicle can greatly influence your financing options.   In this article, we will explore the considerations and limitations of financing a car in Canada, shedding light on what you can expect when it comes to purchasing a used vehicle through financing. Get Pre-Approved in 2 Minutes or Less. All credit scores accepted & no down payments required. Apply Now Understanding Vehicle Age and Financing When it comes to finan ..read more

Are you in the market for a new car in Canada? Whether it’s your first vehicle or you’re simply looking to upgrade, financing a car through a dealership is a common and convenient option for many Canadians.   In this article, we will delve into the ins and outs of this process, helping you understand the key aspects involved and making an informed decision. So, let’s get started! Get Pre-Approved in 2 Minutes or Less. All credit scores accepted & no down payments required. Apply Now Understanding Dealership Financing Financing a car through a dealership is often the first choice for ..read more

If you’re asking yourself, “Do I need a co-signer for a car?” you’re not alone. Many individuals grapple with this question when seeking car financing. A co-signer can play a crucial role in helping you secure financing, especially if your credit history is less than stellar.   In this article, we’ll explore the concept of co-signing for a car loan and when it may be necessary. Get Pre-Approved in 2 Minutes or Less. All credit scores accepted & no down payments required. Apply Now What is a Co-Signer for a Car Loan? A co-signer is someone who agrees to take joint responsibility for ..read more

When it comes to buying a used car, two popular options often emerge as strong contenders in the compact sedan segment: the Mazda3 and the Hyundai Elantra. Both cars offer a compelling mix of style, comfort, and features.   In this comprehensive comparison, we’ll delve into various factors to help you decide which of these two contenders is the better choice for a used car. Get Pre-Approved in 2 Minutes or Less. All credit scores accepted & no down payments required. Apply Now Styling and Design Mazda3: The Mazda3 has always been known for its upscale and stylish design. With its el ..read more