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Tips for Getting a Down Payment for Your Car

There are many ways that you can get a down payment for your car, and we will explore some of those ways in this article. Yet, it is important to remember that a down payment isn't always necessary. Car dealers frequently offer no money down or zero down purchase options. ...

Auto Financing

What Is A Good Credit Score In Canada?

Once upon a time, getting a line of credit often came down to your personal relationship with your banker and your reputation around town as a citizen or business owner. Today, our credit score and reports have turned the decision-making process into a matter of data and algorithms, rather than ...

Auto Financing

7 Surprising Details That Affect Your Monthly Car Loan Payment

Introduction Most people will probably understand the basics of how a monthly car loan payment is worked out - they'll understand the simple facts that affect a loan's cost, like interest rates or the length of the repayment period. But there are many more factors that determine the cost of ...

Auto Financing

5 Reasons to Avoid Zero Percent Financing

Most car buyers are drowning in offers for cash back and zero percent financing. While the latter is no longer as popular as it once was--making up just 7.4 percent of car loans in 2018--it's still the one most people yearn for. But, is it always the best choice? Today ...

Auto Financing

Paying Off Your Car Loan Early: Drawbacks and Considerations

With most loans, it's a good idea to pay them off early. It not only gives your budget some wiggle room but usually saves you money on interest and fees. But car loans are a little different. A lot of lenders put language in their contracts that prevent or penalize ...

Auto Financing

Financing A Car? Why Your Credit Score Matters

When people are looking to buy a new car, they typically focus on the car itself. It makes sense since you want to make sure you pick the right vehicle that comes with the features you want, but did you know that having a good credit score is just as ...