Is It Better to Pay Cash or Finance a Car? Pros & Cons Of Each

Is there a ‘best’ way to pay for a car? Is it better to pay cash or finance a car instead in Canada?   We asked our auto loans team to outline the pros and cons of using cash vs a car loan for your next purchase. Get Pre-Approved in 2 Minutes or Less. All […]

We will show you how to get an affordable self-employed car loan in Ontario.   The pandemic has caused a seismic shift in the Canadian economy. Individuals who lost their jobs are electing to start their businesses instead of going back to their 9-5 jobs.   While being self-employed does provide you with a greater […]

You can begin driving from age 16 in Canada but can you actually get a car loan as a teenager? When can you buy your first car? These are questions our car loan team fielded yesterday with an excited teenager who had just got their G2 licence.   Getting your driver’s licence is an exciting […]

If you buy a car with cash, it sure has benefits but may not be the perfect option for your situation. Auto loans in Paris may be a financial burden but they can also help out in certain situations.   This is another of those questions we cannot answer directly as too much depends on […]

Paying bills on time is at the core of financial acumen. It makes sure you meet all your obligations and prevents your credit score being impacted by an accidental missed payment. To help with this, our auto loan team has some actionable advice on how to set up automatic car loan payments. That way, no […]

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 […]

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 […]

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 […]

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. […]

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.   […]