Canada's Trusted Bad Credit Car Loan Resource

More than 70 per cent of Canadians are living with some form of debt, according to Statistics Canada. But when things go wrong, that debt can add up and accumulate in a hurry. Here are four tips to help you get out of debt.

If you are dealing with imperfect credit, it can be challenging to get approved for an auto loan. Rather, finding a dealership or lender who can work with your situation can be the most difficult part. But we here at Canada Auto Loan know how you can quickly and easily find the right dealership for bad credit car loans.

Canadians should be aware of credit reports, credit ratings and credit scores. Although they are similar, each is a separate and individual thing. It’s important to be in the know because these things can play a large role in your financial life.

Buying a car, new or used, in Ontario can be a tricky process. This is especially true for first-time car buyers, those new to Canada, and anyone who fears getting stuck with a clunker/lemon. Thankfully, the Ontario Motor Vehicle Industry Council (OMVIC) has a handy car buying guide that makes the auto shopping process easier.

The Automobile Journalists Association of Canada (AJAC) named the 2016 Chevrolet Volt the 2016 Canadian Green Car of the Year (CGCOTY). The Volt beat out the 2016 Honda Civic and the 2016 Hyundai Sonata Hybrid for the award.

The latest numbers indicate that Canadian auto sales are on track for another record-breaking year. Consumers with less than perfect credit may even be able to qualify for a new car loan in this lending environment. Here's how they can take advantage.

Buying a car is a major financial commitment that will affect your wallet for the next several years if you are financing with an auto loan. A key step in the process is deciding between buying a new or a used car. This is a decision that should be made before you begin to shop, so you'll need to weigh the pros and cons of buying new and used.

It can be more difficult to get approved for vehicle financing if you have less than perfect credit. However, the benefits of an auto loan when you have bad credit are numerous.

While buying a vehicle from a private sellers seems like the smart move when you have damaged credit, there are some great advantages to getting a car loan.

Long loan terms are on the rise in Canada because most consumers think only in terms of their monthly payment. You shouldn't be doing this if you have damaged credit. Instead, you need to think in terms of total cost.