Saving money without impacting your way of life is the holy grail of budgeting. All too often we stick to the obvious. Going out less, spending less on clothes, cutting back on leisure spending and so on. There are ways to save money in every aspect of life without causing too much hardship. Today we are focusing on the da... READ
Posted by on Jan 22, 2021 - Archived under Bad Credit Car Loan Tips
A car is an expensive purchase and many of us borrow money to buy one. As the car loan is a fixed amount but the value of the car depreciates, there is a small risk of the loan being for more than the car is worth.
It doesn’t happen often but it does happen. Having a car loan higher than the value of the car is referred to ... READ
Posted by on Jan 20, 2021 - Archived under Car Loan
Canadian society is built around the car. You can feasibly live without one if you’re in the city, but live anywhere else and a car is mandatory. Cars are also an expression of freedom and independence, which cannot be overstated. If you’re in the market for a new car and will be using a car loan to finance it, we have some practic... READ
With the release of the awesome Ford Mustang Mach-E, electric cars are more on the radar now than at any time before. The success of Tesla and the increase in electric cars from mainstream manufacturers means now is a great time to embrace green motoring. But can you use an auto loan to buy an electric vehicle? Yes you can! An au... READ
It may seem like dark magic is in control of your credit score but it’s actually a fairly straightforward formula. Different credit agencies do things in slightly different ways but the overall system is logical once you know how it all works. As every aspect of your financial life is controlled by your credit score, it makes sense t... READ
We talk a lot about car loans and necessity here but that’s not the only reason you might want a new car. You could also be in the envious position of wanting to upgrade your current vehicle for something newer, more luxurious or a car that includes the newest safety or autonomous technology.
Can you get a loan if you want to ... READ
Posted by on Jan 11, 2021 - Archived under Car Loan
This is question we were asked over the phone the other day. It isn’t the first time we have been asked it either, so it thought to make a good subject for a blog post. So can an auto loan help improve your credit score? Yes and no. Auto loans and your credit score As you will know by now, your credit score influences the li... READ