blog:Auto Loan Archives | Page 8 of 11 | Car Nation Canada Direct
Can I Get a Car Loan With a Temporary Job In Canada?
Todays’ ready question is relevant to thousands of people in the Canadian workforce, those who work seasonally or are on a contract. Whether you’re a veteran seasonal worker or just trying to earn enough to get by, you have to approach credit differently. We asked our auto loans team to describe the difficulties faced when […]
Should I Pay Off My Car Loan Early in Canada? 5 Minute Guide
At face value, paying off any debt is a good idea. Yet there are pros and cons to paying off a car loan early and that’s what we’re discussing today. Whether it’s a good idea to pay off a loan early or not. Before you get into whether you should pay off a loan […]
400 Credit Score Car Loan: How You Can Still Get Approved
Securing a car loan in Canada with a credit score of 400 can be a challenging endeavor. A credit score of this magnitude indicates a history of financial difficulties, making traditional lenders wary of extending credit. However, with determination, careful planning, and knowledge of available options, it is still possible to secure financing for […]
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. […]
Selling a Financed Car in Canada: It's Easier Than You Think
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 […]
Co-Signing a Car Loan: Our Ultimate Guide To Help You Decide
Co-signing a car loan can be a helpful option for individuals who may not qualify for a loan on their own due to insufficient credit history or a low credit score. In Canada, co-signing is a common practice that allows two individuals to jointly take on the responsibility of a car loan. In this […]
First Time Car Loan: Get Approved to Buy Your First Car
Getting your first car loan is an exciting step toward owning your vehicle. For Canadians, purchasing a car from a dealership with a first time car loan can seem daunting, but it doesn't have to be. This guide will simplify the process and help you understand what you need to know. Get Pre-Approved in 2 […]
Revealing The Truth Behind Guaranteed Car Loans
If you have been researching car loans and the wider financial market, you may have come across the term ‘guaranteed car loans’. What are they? Are they real? How can someone guarantee a loan when they don’t even know you? Our car loan experts explain. Get Pre-Approved in 2 Minutes or Less. All credit […]
How to Get Your Car Loan Settlement Figure
If you’re planning to pay off your auto loan early, finding the settlement figure is your first step to calculating how much you need to pay and whether it makes financial sense or not. That’s the subject of today’s post. How to find your Port Colburn car loan settlement figure and how to pay back […]
How Long Does it Take to Build Credit Score in Canada?
Your credit score is a crucial aspect of your financial health, impacting your ability to secure loans, rent an apartment, or even land a job. In Canada, building a strong credit score is essential for gaining access to favorable interest rates and financial opportunities. But how long does it take to build a credit […]