How Does Credit Utilization Affect Credit Score?

We talk a lot about credit scores in auto finance and credit utilization forms part of that score. So, what is credit utilization and how does it influence your overall score? Our Simcoe auto loan team finds out!   Alongside your payment history, debt to income ratio, credit mix, account ages and a few other […]

A secured credit card can be a useful device for helping rebuild credit. It’s a unique product usually used specifically for this purpose. But what happens when you have improved your credit score enough to qualify for a standard credit card?   Our Woodstock auto loan team decided to find out.   A secured credit […]