Trading in a Car That Has Negative Equity in Ontario

If you’re thinking about trading in your car, but you owe more on your loan than the car’s current value, you’re dealing with what’s called negative equity. This can make the process of trading in your vehicle a bit tricky, but it’s still possible.   Let's break down what it means to trade in a […]

This week, we'll talk about issues that some borrowers encounter and find difficult to manage on a daily basis. Today, we'll talk about shifting a car loan to a different party in order to avoid skipping loan installments.   You can transfer a car loan if you are having financial difficulties or believe you will […]

Want to start driving now that you have your license? Want to buy a new car with some of your salary? We can assist, but there are a few things to consider when looking into vehicle loans for new drivers.   This fast overview of important considerations you need to make before applying for auto […]

Most people are aware that having a good credit score is highly recommended when buying a car, but that doesn't mean some people with bad credit don't need a car right away! So, not the question becomes does financing a car help build credit score? Does the loan start repaying you by raising your credit […]