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Interest Rates

7 Ways to Build Your Credit Score as an Immigrant

If you’re a new immigrant to Canada, you’re going to need to understand how credit works as having a good credit score is an integral part of being financially free. Having good credit can mean the difference between getting approved with good terms on a major financial purchase or getting rejected on a loan. Regardless of what your credit score is today, you’ll want to know these ten tips that you can use to build your credit score.

Auto Financing

5 Reasons to Regularly Check Your Credit Score

Ask yourself, do you know where your credit score stands currently? If you don’t, you should consider finding this out as knowing your credit score can help you become more informed and equipped to manage your finances responsibly.

Auto Financing

How to Get a Car Loan in Canada as a Student

Many students who are considering getting a car loan worry that their lack of credit history will prevent them from being approved. This is mostly untrue but your lack of credit history may have you paying at a higher interest rate or requiring a larger down payment.

Auto Financing

Everything To Know About Negative Equity Car Loans

When you’re locked into a car loan, you never want to end up in a position when you’re in what’s known as negative equity. Negative equity on a car loan means that the value of the vehicle you’re paying is less than the amount you owe on the car.

Auto Financing

How To Keep Track of your Credit Score

If you’re an adult living in Canada, there’s a good chance that at one point you’ve had to get a loan of some sort. Whether it be for a car purchase, mortgage, student loan or just day-to-day credit card, you’re taking on debt by using credit.

Picking The Right Car

How To Buy a Used Car in Ontario

If you’re looking to buy a car in Ontario, you should consider buying used. Let's talk about how to buy a used car in Ontario and all the necessary steps you need to take.

Canadian Car News

What is the Average Credit Score in Canada by Age?

Having a good credit score will play an integral role in the financial opportunities that will be available to you throughout your life. A credit score is a good reflection of your ability to be responsible with your money.

Auto Financing

Down Payment and Interest Rates - What's More Important When Financing a Car?

Shopping for a vehicle and related financing takes time because you need to assess all aspects of your options. After all, car ownership usually lasts many years. It’s important that you make an informed decision. But when it comes to a down payment and interest rates, what’s more important?

Auto Financing

How a Car Loan Can Improve Your Credit

Getting a car loan is one of the best ways to improve your credit score. In this article, we'll explain how a car loan can improve your credit and the steps you need to take!

Debt Refresh

How We Got Out Of Debt: A Story of a Canadian Family

At the end of 2017, my family was in debt of over $80,000. Without a doubt, this was the toughest period of both my life and my wife’s life.

Auto Financing

Car Loans and Down Payments: Things You Need to Consider

Are you wishing that you could get the car of your dreams today? There are more options for getting drivers behind the wheels of cars than ever before. In this article, we will explore two of the most vital aspects of buying a car, namely, car financing and down payments. ...

Auto Financing

Should You Put a Down Payment on a Used Car?

The question of a down payment is a tricky one. When it comes to buying a house, you don't really get much of a say in the process. Normally if you are buying a home, you need to put money down. However, buying a car is a different process. It ...