What Credit Score is Needed For a Car Loan in Canada?

If you’re looking to buy a car in Ontario, one of the key things you’ll need to consider is your credit score. This three-digit number helps lenders decide whether they should lend you money and what interest rate to offer you.   Understanding the credit score needed for a car loan can help you plan […]

Have you ever wondered if it's possible to buy a car with no credit score in Canada? In a landscape where credit history often plays a crucial role in securing loans and financing, the thought of purchasing a vehicle without a credit score may seem daunting.   Don't worry though, as it's still possible to […]

If you have never borrowed money before or have always paid cash for your cars, the world of auto loans may seem a little confusing at first. It’s simple once you understand what’s going on though.   We asked our auto loans team to outline the very basics of auto loans, how they work, how […]

If you're a Canadian who's gone through a consumer proposal, you might be wondering if it’s possible to get a car loan after completing the process. A consumer proposal can provide relief from overwhelming debt, but it may also affect your credit and your ability to get financing.   The good news is that getting […]

Buying a car is a big financial decision, and for most Canadians, car financing is the way to make it happen. With car prices rising and budgets stretched, understanding car financing options is crucial when purchasing a vehicle from a dealership.   Whether you're buying a new or used car, getting a good deal on […]

Buying a car is a big decision. Whether you’re buying your first vehicle or replacing an older one, knowing the best time to buy a car can help you save a significant amount of money.   If you live in Canada and are planning to purchase a car from a dealership, this guide will break […]

Buying a car for the first time can be both exciting and nerve-wracking, especially if you’re not sure where to start.   If you're a Canadian looking to buy your first vehicle from a dealership, this guide will walk you through the key steps to make the process as smooth as possible.     1. […]

When you're self-employed, getting car finance can seem like a challenging task. Many people think that if you don’t have a regular paycheck, getting a loan or financing for a car is out of reach.   However, that’s not true! This guide will walk you through what “self-employed car finance” is and how you can […]

Bankruptcy can be a challenging and stressful experience. Many Canadians may worry about what comes next, especially when it comes to getting back on their feet financially.   One of the common concerns after bankruptcy is whether it’s possible to get a car loan. The good news is that even after bankruptcy, getting a car […]

When it comes to buying a car in Ontario, your credit score plays a crucial role in securing a loan. If you have a 500 credit score, which is considered poor, getting a car loan can be challenging, but it's not impossible.   This article will help you understand what a 500 credit score car […]