Day: August 29, 2022

  • Paying off Car Loan Early: Does It Affect Your Credit Score?

    Paying off Car Loan Early: Does It Affect Your Credit Score?

    Canadians owe an average of around $20,000 on their vehicles. By paying off your auto loan early, you can free up a significant amount of money each month. If you find that you have the money available to pay off your car loan ahead of time, however, you shouldn’t jump the gun. There’s more to paying off a car loan…

  • How an Auto Loan Can Help You Repair Your Credit

    How an Auto Loan Can Help You Repair Your Credit

    Roughly 31% of Canadians indicate they have too much debt, with 36% struggling to manage their day-to-day finances. These struggles make it seem impossible to purchase a new car. So, how can you buy a new vehicle if you’re struggling with finances? One possible solution could be an auto loan. Auto loans aren’t just a way to…

  • How to Pay off a Car Loan Early

    How to Pay off a Car Loan Early

    Unless you’ve built up a lot of wealth, you’re going to need to get a loan to buy a new car. The average new car loan is over $33,000, and over $25,000 for used cars. Car loans make up a huge portion of most Canadians’ debt, but there are things you can do to get your…