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Credit

What to do When You Can't Make Your Final Car Loan Payment

If you are struggling to make your final car loan payment, it can be a stressful and overwhelming experience. Life can be unpredictable, and unexpected financial burdens can make it challenging to meet your financial obligations. However, there are steps you can take to avoid defaulting on your loan and damaging your credit score.

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How to Get a Car Loan Online

If you're in the market for a new or used car, you may be wondering how to go about getting a car loan online. Thankfully, the process is relatively simple, and there are a variety of resources available to help you get started.

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5 Car Loan Mistakes That Will Cost You

Car loans are a common way for people to finance their vehicle purchases. However, taking out a car loan can be a complicated process and there are many mistakes that people make when taking out a car loan.

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The Pros and Cons of Leasing vs Buying a Car

There are a ton of important decisions that need to be made before you commit to a car purchase. One of those decisions is whether you should buy/finance the car or lease the car. Leasing may have you making smaller monthly payments, but it may not be worth some of the other downsides of car leasing.

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5 Steps to Take After You Refinance Your Car Loan

So you just refinanced your car loan, maybe it was to get a lower interest rate and lower your overall costs or maybe it was just to make your monthly payment smaller. Once you’ve been approved for refinancing, there are some important steps you should take.

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Why You Shouldn’t Roll Over Your Car Loan

Rolling over your car loan means to your adding negative equity/or the remaining balance of an old car loan onto a new car loan. If you’re trading your vehicle into a dealership but still have an outstanding balance on it, dealers may offer to roll your previous balance onto your new loan.

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Does Refinancing Your Car Loan Restart Your Loan?

When you refinance your car loan, your current loan is replaced by a new one. A lower interest rate and a shorter or longer term than the one you currently have are both refinancing possibilities. However, choosing a new loan with a longer repayment time could make you feel like you're starting from the scratch.

Car Care and Ownership

Car Loan Documentation Checklist

Applying for a car loan and going through the entire car buying process may seem like a daunting task, but it doesn’t need to be. By gathering all the required documentation before starting the process, you can save a lot of hassle and ensure the process goes smoothly.

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How Long Should Your Car Loan Term Be?

When you’re applying for financing on a car loan, determining the length of the loan term is an important decision. With a longer loan term, your monthly payments will be less, but you’ll end up paying more interest throughout the loan term.

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The Requirements Needed to Refinance a Car Loan

The decision to refinance your car loan ultimately depends on how much money you’d be able to save. But even if you decide that refinancing is the route you want to take, you’re going to need to ensure you meet the requirements needed to refinance a car loan.

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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.

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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.