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

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

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

Don’t let bad credit stop you getting a car

If you know you have bad credit, you shouldn’t let it stop you living life to the full. You still need to work, to live and to thrive. If you have been refused a car loan before, we can help! We work with specialist lenders who are more sympathetic to modern life than traditiona... READ