March 2017

It’s hard to understand- your credit in Canada – sometimes, the factors that go into determining your credit score seem somewhat arbitrary. We’ve spoken before about some of the factors that determine a FICO score – repayment history, levels of debt, and so forth, but we haven’t discussed the specific types of negative blemishes that…

Car’s engine – unsurprisingly – is the most important part of your car, and total engine failure can often mean a catastrophic cost of repair, or can even force you to “total” the car, and buy a new one. Because of this, most engines are extremely durable, and can easily last hundreds of thousands of…

Loan co-signing can be a tempting way for borrowers with bad credit to get a great deal on a loan, if a friend or family member agrees to help. Whether it’s a mortgage, auto loan, or a personal loan, co-signing offers a way for credit lenders to mitigate the risks of lending to an individual…

Like most Canadians, you’ve probably seen certified pre-owned cars being marketed in your city by first-party dealerships like Ford and Toyota, among others. These used cars are becoming more and more popular as car buyers continue to look for thrifty alternatives to buying brand-new, dealer-issued cars. However, it can often be hard to understand what…

The humble tire is, perhaps, the most often-overlooked part of your car – which is a shame. It’s where the rubber meets the road – literally – and high-quality, well-maintained tires can help you improve your fuel economy, avoid potentially dangerous blowouts, and ensure that your car performs to the top of its ability. So…

If you know that you have bad credit, you probably avoid looking at your credit score. Out of sight, out of mind, right? You probably think that what you don’t know can’t hurt you. Well, that’s not exactly true when it comes to bad credit. Bad credit is always going to have an effect on…

The used car industry is rife with myths, rumours, and other unfounded information that can turn some people off from buying cars that are used. And while some of these rumors have a basis in reality, most of them are totally false. So, in this article, we’ll take a look at the top 5 myths…

FICO stands for Fair, Isaac, and Company – and is a company based in San Jose, California, focused on credit risk and rating services. Over time, the FICO score has become the “de facto” standard for rating the credit risk of individuals throughout North America, including the United States, Mexico, and Canada. In Canada, the…

Bad credit is a big problem in Canada. Around 20% of Canadians have a credit score that falls under 680 – meaning that they are a credit risk, and are unlikely to qualify for the best interest rates on home loans, personal loans, and auto loans. And rebuilding your credit is difficult. It’s a vicious…

The world of used car dealerships has gotten somewhat of a bad reputation over the years – it’s hard to think of the term “used car salesman” without picturing some slick, greased-back guy in a cheap suit trying to sell you a lemon of a car. However, today’s world of used car dealerships is much…