Canada Auto Blog

Daily tips on car loans and credit score

Best rate Financing

How to Get the Best Interest Rate in Car Financing

Getting the lowest possible interest rate on your vehicle purchase is important. Car shoppers who don’t have financing in place when they visit the dealership could end up with higher interest rates on financing. Ultimately, if you are looking for…
Loan Form

3 Things to Keep in Mind When Trading in Your Vehicle

Shopping for a new vehicle is both exciting and daunting! Options seem endless and confusing, plus negotiations could be tedious! One key factor is what to do with your current vehicle. Do you keep it? Do you trade it in?…
Summer Maintenance

Summer Maintenance Tips for Car Owners

High temperatures during the summer takes a toll on all of us, your vehicle included. Extreme heat can push a car past its limits, and that can lead to mechanical failures. Here are our tips to keeping your car –…
Is debt a bad thing?

Better Late Than Never: 4 Effective Ways to Fix Your Credit Now

If you are looking for credit improvement, you can develop your credit history in 3 to 6 months, quicker in some cases. In the case your credit score was done some serious damage, the repair process could be up to…
Credit Score inquiry

How Credit Checks Impacts Your Credit Score

An ‘Inquiry’ occurs when you apply for CREDIT, you effectively authorize LENDERS to ask for or ‘Inquire’ for a copy of your credit report from the credit bureau. The impact from applying for CREDIT will vary from person to person.…
How Credit Score Works

How is Your Credit Score Calculated?

Credit Scores are provided by the 2 major credit bureaus in Canada; Equifax and TransUnion. A credit report is a summary of how you pay your financial obligations. It contains information based on what you have done in the past.…