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Perceived risk of public transit fuelling car loans in Burlington

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Perceived risk of public transit fuelling car loans in Burlington

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In an age when ride sharing, ride hailing and sustainable transport are winning out, the news that many people are forgoing public transport in favour of their own cars is strange. However, when you realize that it’s because of COVID fears, the switch in behaviour makes more sense. If you’re in the same position and […]

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Start 2021 as you mean to go on by rebuilding your credit in Hamilton part 2

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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 […]

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Start 2021 as you mean to go on by rebuilding your credit in Hamilton part 1

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If like most of us, you’re glad to see the end of 2020 and are looking forward to a happier, healthier new year, you might want to include your financial health in that. If there was ever a time to rebuild and renew, it’s the new year. So let us all start on a positive […]

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Rebuild your credit score in 2021

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Most of us will be glad to see the end of 2020. To say it’s been a tumultuous year is something of an understatement. So, it is with positivity and anticipation that we look ahead to the new year. What better time to rebuild your credit score than a new year with new opportunity? Even […]

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How to protect your credit over Christmas

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Christmas is not a time for budgeting and being sensible. It’s usually an expensive time of year where some people have difficulty not overspending. Considering the year we have had in 2020, this Christmas is likely to be a bigger deal than others, which could make matters worse. This year has already been something different. […]

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Why avoiding debt harms your credit score

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Sound counter intuitive right? You would think someone who saves all their money, are sensible with outgoings, keep all loans paid in full, pay cash for as much as possible and pay their bills on time would have a fantastic credit score wouldn’t you? In fact, the opposite is true. If you avoid credit or […]

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Five more credit score myths busted

Last week I began to bust some of the common myths that surround car loans and finance. I covered escaping bad credit, credit checks not damaging your score, credit cards and their effect on your score, not having debt and when to check your credit score. Today I’ll cover the other five common myths that […]

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Five credit score myths busted for good

To get a car loan, you need to have a credit score. While finance is open to all, you need some kind of credit record and a corresponding score for lenders to be able to decide how much of a risk you are and what kind of deal they can offer. Unfortunately, there are a […]

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Is your credit score impacted if you’re denied a car loan?

It doesn’t matter how many times before you have applied successfully for credit, there is always a nervous moment as the sales person goes off to perform the credit check and approval. Most of the time it’s quickly over and it is good news. Not always though. So does being denied a car loan impact […]

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Bad credit car loans after bankruptcy

Banks and lenders of all kinds have become much more tolerant of less than perfect credit scores over the past seven years. It took long enough, but the credit crisis showed them that it isn’t always our fault if we lose control of our finances. Bad credit car loans  are only one of many results […]

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