4315 North Service Road, Burlington, ON, L7L 4X7
My Garage

Five tips to help clear debt ahead of applying for a car loan

blog:debt Archives | Car Nation Canada

Five tips to help clear debt ahead of applying for a car loan

Blog image

There are a lot of considerations that are made when you apply for a car loan. While your credit score has a huge influence over rates and available lenders, your debt to income ratio also plays a part. A debt to income ratio calculates how much you owe against how much you earn. The lower […]

Categories: News

Tags:

Read More

Everything you need to know about deferring a car loan payment

Blog image

A car loan is usually a fixed monthly payment you make on the same day every month until the loan is paid. It’s a long term financial commitment that doesn’t change for the length of the loan. There are occasions when you can change that or skip a payment. These are called deferrals or deferments, […]

Categories: News

Tags:

Read More