Low Interest Car Loans: Can You Still Get One in Ontario?

The prices of new and used vehicles are climbing fast in Canada. While interest rates are low enough to make buying a new vehicle affordable, rates are poised to rise soon which could price you out of the new car market. Which means the time to finance a low-interest car loan is now!   Interest […]

Getting a car loan with a new job in Canada can be a bit tricky, but it’s not impossible. Whether you’ve just started your career or switched to a new employer, having access to reliable transportation is important.   Many Canadians rely on cars to get to work, run errands, and travel, and if you’re […]

So how long does it take to fix your credit score in Canada? Much depends on the situation and the score. The lower the score, the more time it will take to repair. But you can begin repairing it right away.   We deal with many customers with less-than-perfect credit. Often through no fault of […]

The difference between hard vs soft credit checks may seem confusing at first. Knowing a little about them can help you when managing your financial life and even help preserve your credit score a little.   That’s what we are discussing today.   Credit inquiries take two main forms, soft inquiries and hard inquiries. They […]

For most of us, aside from a mortgage, an auto loan will be our most significant outgoing. If you can minimize it or pay it off early, you gain a lot of financial freedom.   As long as your auto loan supports early repayment or overpayments, you could save a lot of money. While it […]

Classic cars are one of the few vehicle types that can appreciate in value. Just like art or fine wine, the value can go up instead of (or as well as) down. That makes classic cars fertile ground for investment. If you want in on the game, can you get a classic car loan?   […]

The question of leasing or buying a car is as old as the cars themselves. A bit like Mac vs Microsoft, a question with no real answer and a question that can divide opinions.   Rather than get involved in any of that, our auto loans team will outline the pros and cons of leasing […]

Today is customer question time and this one is a good one. It’s a situation many of us find ourselves in, often without knowing it. The question was ‘Is it a good idea to buy an ex-rental car with my auto loan?’   We asked our auto loans team to outline the pros and cons […]

The origination of the term ‘lemon car’ is murky but it’s part of accepted parlance when describing a car that just won’t work properly. It’s a subject we were discussing with our car loan team the other day so decided to create a blog post about how to avoid buying a lemon.   So, what […]

Have you ever wondered how being a co-signer for a car could impact your financial standing? In Canada, where car ownership is a necessity for many, the concept of co-signing is not uncommon.   In this article, we will delve into the details of what it means to be a co-signer for a car loan […]