One of the most disappointing aspects of financing is that while you may consider yourself a suitable candidate for a loan, banks and other financiers don’t always see it the same way. Even more frustrating, when this happens you’re rarely afforded any detailed insight or knowledge regarding why
What to Do if You’re Not Happy With Your Car Loan?
Once you have signed the dotted line, it’s easy to think that you’re signing away all your rights as a consumer. While from a legal perspective you bear all the responsibility of meeting your obligations as set out under a loan, you do have some recourse to achieve
With Interest Rates Rising, a Long Term Car Loan May Not be a Good Idea
When you apply for a car loan, one of the key items you’ll need to weigh up is how long you anticipate requiring to repay the loan. Most car loans are set up for a term of around 5 years, however, you do have the option to pick a longer term if you desire. A long term car loan may run for up to
Understanding Principal and Interest
While a number of our clients looking for car financing are fairly familiar with some of the basic concepts tied to borrowing and lending, it's important for us to remember that not everyone enters this realm with the same level of understanding and knowledge. That means, for many people, whethe
Does it Make Sense to Borrow Against Your Home to Buy a Car?
Once you’ve started to make inroads into your home loan, and the value of your property gradually increases, you will find yourself with equity against your name. This equity, which is a form of ownership of the house, can be used as security for other purchases. For example, you may consider usin