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Getting a Car Loan With a New Job: 8 Tips You Need To Know
Have you ever wondered about the feasibility of obtaining a car loan with a new job? It's a situation many Canadians find themselves in – the need for a reliable vehicle coupled with the excitement of a new job opportunity. But can you secure a car loan under such circumstances? The answer might surprise […]
Why Do Cars Depreciate? 5 Must-Know Factors About Value
"Why do cars depreciate?" is a common question for new car hunters. If you’re planning to buy a new car, before you apply for an auto loan, you need to know how much your car is worth. Alternatively, if you buy a new car using an auto loan, you need to know how long you’ll […]
500 Credit Score Car Loans: You Can Still Get Approved
Are you ready to hit the road with your dream car but worried about your less-than-ideal credit score? A credit score of 500 might seem like an obstacle when it comes to securing a car loan but don't despair just yet. While traditional lending options might not be the best fit, there are […]
5 Possible Reasons Your Car Loan Was Denied & What to Do Next
Nobody likes rejection but it’s part of life. You can either let it break you or come back stronger. If you’re erring towards the latter, we can help. We asked our Mount Hope auto loans team for the 5 most common reasons for car loan rejection and what to do about it. This is what […]
Can You Get a Loan For a Used Car in Canada?
Imagine this: You've been eyeing that sleek, pre-owned car that perfectly fits your budget and style. But as you start to dream about hitting the road in your new ride, a question nags at you: Can you actually get a car loan for a used car? Get Pre-Approved in 2 Minutes or Less. All credit […]
Buying a Car When Self Employed: The Short Road To Approval
Purchasing a car when you're self-employed in Canada can be both exciting and challenging. As a self-employed individual, you have unique financial circumstances that may differ from traditional employees, affecting your ability to secure financing. In this article, we'll explore various aspects of buying a car when self-employed in Canada, providing valuable insights and […]
Car Loan With No Job: 4 Must-Haves For Getting Approved
The feeling of being unemployed can be quite tough to handle. You thought your job was secured, only for you to get fired, laid off, or even caught up in company issues. Now, with the tough feeling of dealing with being unemployed and how you are going to pay your bills, you are also […]
Should I Buy An Electric Car? Everything You Should Know
While the pandemic has been on the media 24/7 for what seems forever, another issue that many people are concerned about is climate change. Whether you believe that human beings are altering the climate or not, we can all agree that weather patterns are changing, and burning fossil fuels is taking a toll on […]
Is Your Credit High Enough? Credit Score Needed For Car Loan
Securing a car loan in Canada is a significant step towards owning your dream vehicle. First, it's important to understand the credit score needed for a car loan. This article will guide you through the process and shed light on obtaining pre-approval, bad credit car loans, and the flexibility available to borrowers. Get Pre-Approved in […]
How To Buy Your First Car: Our Quick & Stress-Free Process
Congratulations! The time has come for you to embark on an exciting adventure – buying your very first car. It's a milestone that brings independence, freedom, and a sense of accomplishment. As a Canadian eager to hit the open road, there are a few essential things you should know before setting foot into a […]