Do Car Loans Help Build Credit Score In Canada?

Have you ever wondered if financing a car can actually help you build your credit? In Canada, where creditworthiness plays a significant role in your financial life, this question is worth exploring.   While there are many ways to establish and improve your credit score, financing a car is one strategy that Canadians often consider. […]

Longer auto loans are becoming more popular all the time but they aren’t suitable for everyone and every situation. There are times when shorter car loans may work much better.   Our auto loans team lists 5 reasons why shorter car loans may be more beneficial than longer ones.   Here’s what they came up […]

Cars are like old friends. You see them all the time and they never seem to change. You don’t notice them aging, aren’t worried when they aren’t running 100%, and think they will always be there. So how can you tell when it’s time to replace your old car?   We asked our Ancaster auto […]

The auto market is lively right now. While there’s something of a shortage of new cars and lead times are long, the used car market is as active as we have ever seen it.   That means it’s a great time to sell your old car, which is what today’s post is all about.   […]

If your circumstances have changed and you’re about to face an unaffordable car loan payment, you have options. Just make sure that whatever option you choose, you take action before you miss a payment!   Just what options are open to you if you are trying to get out of a car loan?   You […]

Are you ready to take the exciting step of owning your first car? It's a milestone that marks independence and convenience. However, for most first-time car buyers, there's a financial aspect to consider: securing a car loan. While there are various financing options available, let's delve into the details of a first-time car loan and […]

If you want to sell your car, you’ll need to settle any finance you have on it first. That’s especially true if selling privately but however you sell the car, finance will need to be settled at the time or before, otherwise, you don’t have legal title to sell it.   We asked our London […]

Life can throw unexpected challenges our way, and one such challenge is the unfortunate event of car repossession. While the experience can be daunting, it's important to remember that it's not the end of the road.   In Canada, there are several avenues you can explore to get back on track and purchase a car […]

When it comes to purchasing a new or used car in Canada, many buyers face the decision of how to finance their purchase effectively. Among the various options available, two primary methods are trade-in vs down payment.   Both approaches have their advantages and considerations, and understanding them can help you make an informed decision. […]

Are you about to get a loan for a new car? Something that’s going to come up in conversation is the “loan term”. You may be willing to just leave it at whatever the dealer proposes but be careful! Because the loan term is actually one of the most important factors in negotiations and In […]