blog:credit score Archives | Car Nation Canada
What is the lowest credit score you can have and still get a car loan?
Despite the global situation, the car market is gradually collecting itself, shaking itself down and picking itself up again. We have seen an increase in online car buying and car loan applications so it seems we are all getting used to the new reality. Which brings us on to this question we have hear frequently […]
Five good reasons to regularly check your credit report
As far as we can see, there are five compelling reasons to monitor your credit report whether you’re planning to apply for a car loan or not. While it’s the agency’s responsibility to maintain the report, it’s our responsibility to make sure our credit report accurately reflects what’s going on in our lives. Those five […]
How long does it take to build a good credit history?
Now we no longer have to go cap in hand to our bank manager for a car loan, the credit score is everything. The idea of being controlled by an algorithm we have little control over may not sit well with everyone but if you know how they work, you have more power than you […]
Can divorce impact your credit score?
Today’s car loan post was inspired by a question asked by a friend of mine the other day. That question was, ‘Can divorce hurt my credit score. I have been told no but have also had friends whose score went down after a divorce. What gives?’ If you find yourself in this unfortunate situation, will […]
What’s the minimum credit score to qualify for a car loan?
Just a few years ago, you would have had to fit very specific criteria to qualify for a car loan. Thankfully things have changed and lenders are now much more appreciative that people come in all shapes and sizes and financial situations. There are still hoops you will have to jump through to be approved […]
Five things you need to know before you get a car loan
Car loans are a serious business and while they are easier to get than ever before, they are still a substantial financial commitment. While we here at Car Nation Canada would love to get you a car loan, we also want to get you the car loan you want and can afford. The more information […]