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Hamilton: Do car loan payments help your credit score?

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Hamilton: Do car loan payments help your credit score?

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We all know that your credit score influences how much of a car loan you can get but can paying back a car loan help your credit score? Yes it can! Servicing any debt successfully can positively impact your credit score. Just how much it helps is often down to the size of the loan […]

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How does a previous repossession affect your chances of a car loan?

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We were asked an interesting question in a Car Nation Canada dealership last week. One I don’t think I have covered in the blog before. We were asked ‘How does a previous repossession affect your chances of a car loan?’ The person asking the question had their car repossessed a couple of years back and […]

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Can divorce impact your credit score?

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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 […]

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