Campbellville - How to manage credit cards to help build your credit score

Is there an ‘ideal’ way to manage credit cards or a recommended speed to pay them off to help build your credit score in Campbellville? This was a question we were asked yesterday by a client applying for an auto loan. It isn’t a question we hear that often so that prompted a little work […]

It seems counterintuitive that a car loan could actually help you rebuild credit but it’s true. You would be forgiven for thinking we got that the wrong way round, that bad credit would influence your loan, and it does. It’s actually a two-way street. So how can a Stoney Creek car loan help you rebuild […]

If you’re considering a car loan in Dundas, or read our blog regularly, you will often see us talking about credit reports and how important they are. Your credit report has a huge influence over whether you can access credit or not and at what rate. But who actually gets to see it? We know […]

Your credit score is an essential tool in managing your financial life and is something we all need to become familiar with. Even if you’re not planning a car loan in Brantford, or using any kind of credit, it’s still a good idea to keep an eye on your credit score. We’ll give you five […]

Continuing on from Tuesday’s post about improving your financial health for the new year, we are going to look at making small changes and gaining control of everything that’s going on. Begin trimming your spending Your budget spreadsheet should identify some quick wins in terms of spending. Areas where you could reduce outgoings without it […]

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 […]

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 […]

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 […]

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 […]

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 […]