72 Month Car Loans in Ontario: Is 6 Years Too Long For Financing?
When buying a car in Ontario, many people think about how they will pay for it. While some can pay in full, many others need a car loan. One option people often hear about is a 72-month car loan. But what exactly is this, and is it right for you? In simple terms, a […]
Car Loans On ODSP: Is it Possible to Get Financing Approval?
If you're on the Ontario Disability Support Program (ODSP), you might be wondering if it's possible to get a car loan. The answer is yes, you can get a car loan on ODSP, but there are some important things you need to know. This article will break down everything you need in a simple, […]
Financing a Car Loan While on EI (Employment Insurance)
If you are receiving Employment Insurance (EI) in Ontario and wondering if you can still get a car loan, the answer is: yes, it’s possible, but there are some important things to keep in mind. What is EI? Employment Insurance (EI) is a temporary financial support provided by the Canadian government to individuals who […]
Do Ontario Dealerships Use Transunion or Equifax For Approval?
When you're buying a car from a dealership in Ontario, you might wonder about the credit checks involved. Specifically, you might ask, “Do dealerships use TransUnion or Equifax?” Understanding this can help you better prepare for your car-buying process. In this article, we'll explain in simple terms how dealerships use credit information and what […]
Credit Score to Finance a Car in Canada: What You Need to Know
When it comes to buying a car in Canada, many people turn to dealerships for financing options. If you’re planning to finance a car, understanding your credit score is essential. Your credit score plays a significant role in determining the terms of your car loan. Let's break it down in simple terms so you can […]