Canada's Trusted Bad Credit Car Loan Resource

If you are preparing your budget for a car purchase, you can’t forget to factor in taxes and fees. Let's go over what to expect.

If you are dealing with dinged credit, an auto loan can be a great way to get it back on track. But you need to be careful. There are some auto loan financing mistakes you can make that can end up further damaging your credit. In order to avoid any missteps, don’t make these mistakes when financing a car with less than perfect credit.

If you're tired of your current car and want to get rid of it, you may be able to trade it in even if you're still paying for it. Trading in a car that isn't paid off is fairly common.

If you lease or buy a car from a registered dealer in Ontario, you will be presented with a sales contract to sign. This contract is legally binding, so you should read it carefully before making a commitment.

When financing a car, most consumers focus on the monthly payment instead of the interest rate or total cost. This is why the industry has seen loan terms increase and monthly payments decrease in recent years. However, this "payment shopping" point of view can be dangerous for borrowers with poor credit.

Since your auto insurance policy may only cover the current market value of your vehicle, you may need GAP (Guaranteed Auto Protection) insurance.

As the saying goes, "everything's not going to be perfect," and the same goes for car buying. While the timing isn't right, you don't have the luxury of waiting until your credit is in top shape again before applying for a car loan.

When you need to finance a car with less than perfect credit, there are some things you can do to increase your chances of successfully completing the loan. Check out our tips for buying a car with poor credit.

Not all car buyers have money saved up for a down payment. However, if you have credit issues and are in need of a vehicle, it is likely that the lender will want you to have one. Learn about the importance of having a down payment.

If your credit is bruised, you may want to get auto financing before selecting a car.