Bad Credit

Secured credit cards are a convenient, flexible way to help you rebuild your credit – especially if you have bad credit, and can’t qualify for other “unsecured” credit cards. Secured credit cards are fairly simple. A bank or card issuer requires you to deposit a specific amount – say, $500 – and then you are…

Unless you choose a top-quality dealership like Ride Time, It can be hard to get affordable, high-quality used cars with bad credit. APRs and costs are often quite high, and it may be preferable to wait to invest in a used car until your credit recovers. However, sometimes you don’t have a choice – you…

If you have bad credit in Canada and need a car, you’re not alone – it’s estimated that around 20% of Canadians have bad credit. However, purchasing a car with bad credit can be a daunting prospect. You may face sky-high interest rates, loan denial, and even repossession if you fail to pay. But if…

Repossessions are tough to recover from, and this fact will inevitably arise when you’re trying to buy your next car with an auto loan. But, it’s not impossible to buy a used car if you’ve had a repossession. There are steps you can take to make the process easier, and it’s always best to plan…

You’ve no doubt seen the signs that say, “Bad Credit? No Problem!” But, what exactly is bad credit? It can be hard to quantify, and there are many variables that go into determining its different levels. Let’s look at a few of them. Standard Definitions of Bad Credit It can be downright puzzling trying to…

Credit is a far more nuanced metric than many realize. Your credit score is not the only bearing lenders can use to determine your qualifications. A typical credit report shows potential lenders a variety of information that can reflect your credibility in equally varied ways. An important part of your credit report is your “Credit…

Your credit report almost always has a huge influence on the financial aspect of your life – and if your credit report is full of negative items like closed credit accounts, overdue bills, repossessions, and foreclosures, you may have some serious issues in your financial life. If you have a bad credit score, your eligibility…

Bad credit, by virtue of its name, seems… well… bad! For the most part, this is a dumbfoundingly accurate observation. Bad credit can keep you from obtaining the things you want and require; but what if there was a way to use it to your advantage? That’s not to say that having bad credit can…

Everyone Deserves Access to Transportation In late 2014, The Economist published a piece asking a fairly simple question: why is everyone so busy? When John Maynard Keynes was working on his seminal economic theses in the 1930s, he believed the grandchildren of that generation would only work “around three hours a day,” and out of…

If you have bad credit in Canada, you may have a hard time rebuilding, and bringing your credit score back to a healthy level. And there’s a reason for this – having bad credit leads you into a vicious cycle. You have bad credit, so you’re not able to get a loan. You’re not able…