Have you heard the term Prepayment Penalty or ‘early repayment penalty’? Some auto loans include them in their terms and they can cause a little confusion among borrowers. Our Grimsby auto loan team explains what they are and whether you should be concerned if the term appears in your contract. A prepayment penalty is alm... READ
Posted by on Apr 22, 2021 - Archived under Uncategorized
Most Canadians have debt so you’re not alone. Mortgages, student loans, Beamsville auto loans, personal loans, credit cards or whatever, most of us carry debt of one kind or another. If you want to get out from under your debt, you can with a little planning. We won’t pretend getting out of debt is easy because it isn’t... READ
If you read yesterday’s blog post, you’ll know the initial steps you need to take to get a Kitchener car loan with bad credit. Today we’ll continue the story by outlining the need to set a budget and getting preapproved. By the end of this post, you’ll know all you need to be able to apply for a Kitchener car loan wit... READ
Just because you have had issues with credit in the past, doesn’t mean you cannot get a Kitchener car loan with bad credit if you need one. Gone are the days where a simple situation prevents you accessing loans and other financial products and we hope those days never return! How do you go about getting a bad credit car ... READ
Posted by on Apr 19, 2021 - Archived under Uncategorized
Today we’re covering another customer question. This time it’s a little different from the norm as it’s not your usual everyday driver that someone wants to finance. The question was ‘Can I get a car loan for a classic car?’ Our Campbellville car loan team explains. The classic car market is huge in Can... READ
If you read our blog post on Monday on getting an auto loan after foreclosure, you will know that no matter what your financial situation, you always have access to finance if you need it. It’s exactly the same for bankruptcy.
Our Kitchener auto loan team explains.
After the financial crash, the world of f... READ
The financial crash of 2008 and more recent events have shown us that nobody is immune from misfortune. We hope all of you have managed to escape the pandemic unscathed but we know some of you won’t. That’s what prompted this post on accessing auto loans after foreclosure. The good news is that you can access auto loans a... READ