What You Should Know About Bad Credit Car Financing in Ottawa

If you are ready to buy a new or used car, but have less than perfect credit, you’re not alone. Many of our customers need to find bad credit car financing in order to afford to buy and maintain their cars. We have a wide selection of financing programs that are designed to make buying and maintaining a car easy, even when customers have bad credit. Here are a few things that you need to know about getting bad credit car financing:

There are many opportunities

When it comes to buying a car, chances are good that you want to have options. Having options not only means that you have the loan programs that best suits your needs, but it also helps to ensure that you are comfortable with the final loan program you choose. Our bad credit car financing programs is diverse so that you can select the options that work best for your unique situation. These options may include a loan program, or they may simply mean that you buy your car when we are running a financing special.

You can learn more online

We have a good deal of information on our Web site that can help you learn more about how you can save money with a bad credit car financing program. You can learn more about opportunities that may be available to you . These opportunities may include our loan program or they may include things like our Specials program or even our vehicle trade-in programs. Check out these sections of our Web site to learn more about the programs that may suit your needs.

Some options can improve your credit situation

There are some bad credit car financingoptions that can improve your credit. For example, if you take out a bad credit car loan that you are then able to repay, you may be able to improve your credit score and history by repaying that bad credit car loan. Contact one of our agents to learn more about the bad credit car financing programs that may help you.

Everyone qualifies

There are a variety of different car financingprograms that we offer. We want to ensure all of our customers that they can qualify for a bad credit car loan when they apply. They may also qualify for savings through our other programs as well.

Contact us today  to learn more about our bad credit car financing programs or to get started with your car buying process today!

How Credit Impacts Car Loans

Credit is one of the most important considerations that lenders will have to take into consideration when they offer car loans to buyers. Credit is something that everyone has  – and has to learn to manage. There’s no way around it; your credit will impact your car loan rate and amount.

Here is some more information about credit and about how it impacts your car loan in Ottawa:

Credit is a story

Credit is like a story – telling lenders more about how you have behaved from a financial perspective. By reading this story, lenders will get a better idea of what your lifestyle is like, what your financial approach has been, and maybe a little bit more about your personal characteristics. Whenever possible, it’s important to make sure that the story stays positive. To make sure the story stays positive, buyers should always keep their debts low, repay their loans on time and in full, and be as stable as possible in all aspects of their lives (including their jobs and living environments).

A good story gets rewarded

If you are able to write a good credit history – or story – then you will be rewarded by having better financial opportunities from lenders. If you have good credit, you will likely qualify for a higher loan amount and lower interest rate on that loan. On the contrary, if you have bad credit, you may have to work with a lower loan amount and a higher interest rate.

The story can change

Your credit can go from good to bad or bad to good with just a few decisions. Therefore, it’s important that you have a wealth of information in front of you so that you can make wise decisions. For example, if you want to improve your credit, then getting car financing in Ottawa may help. You will repay the car loan, which will show lenders that you are able to be financial responsible when a huge financial commitment is involved. However, if you fail to repay the car loan, your good credit could just as easily go bad.

The story never disappears

While the credit history story may change and go through peaks and valleys, it never disappears. This is another reason for why it’s important to develop a history of making the best possible and most positive financial decisions.

Contact us today   for more information about credit – or to learn about how to get a car loan regardless of your current credit situation, we can get you approved for your bad credit car loan in Ottawa today

How to Wash Your Used Car the Right Way

If you are like many people, you’re more than willing to take the time to wash your used car yourself in order to save a few dollars here and there. Washing your car yourself can be easy and effective – especially if you are willing to invest in the right tools and knowledge. Here are some tips and steps to help you wash your car the right way in order to get clean and shiny results:

You’ll Need Water

This first tip may seem obvious. However, many people have limited access to water – especially folks that live in apartment complexes. Therefore, make sure that you have a steady stream of water available to you. One bucket of water will not be enough to get the truly clean look you’re going for.

Go from the Top Down

If you have limited access to water, like many people do, then it’s important to know how to conserve your clean water for the longest period of time. Most cars are cleanest on the top and dirtiest on the bottom. Therefore, start at the top and work your way down. However, if you’re planning on cleaning the tires, then start with the tires, but use a separate bucket of water. Otherwise, if you start with the top of your car and then do the tires, the water will dry up on your used car and leave spots that are hard to get out.

Keep in mind that you should never use the same wash water on the body of your car that you use on the tires. Water that is used on the tires will often contain dirt that can scratch your car.

Rinse First

Always rinse your car before you begin washing it. Rinsing your car will help to remove dirt build up that can scratch your car if it is not removed.

Focus on One Section

It may be tempting to try to wash your entire car in one fowl swoop. However, it is much more effective if you can focus on just one section at a time. After you go section-by-section, rinse the entire used caragain to remove any spots that may have gathered as the car dried.

Remember: always wash your car in the shade so that the water will not dry up too quickly and cause spots to form before you’re finished! 

If you are looking for a new used car or used truck Loan Doctor Toronto offers a large selection of quality used vehicles and we can get you approved for your car loan in Toronto today regardless of past credit problems.

How to Apply for Bad Credit Car Financing in Vancouver

If you have bad credit, but need to buy a car, don’t worry! We offer bad credit car financing to all customers regardless of their past credit situations. Credit history and credit score will play a role in what kind of credit options you will get, but they will not limit your ability to get a car loan. Here are a few steps that you can take today to apply for bad credit car loans in Vancouver to get one step closer to owning a car:

Check your credit report.

Before you fill out a credit application, it may be wise to review your credit report. You can get an instant credit report from any of the three online credit reporting agencies. Make sure that all items on your credit report are accurate. Remember: your lenders will review your credit history when they consider what type of loan to give you. Even if you have bad credit in your history, you can still get a fair credit loan, but you should be aware of the reality of your credit history when you approach a lender.

Fix errors in your credit report.

You may have incorrect negative items listed in your credit report. You have the right to dispute these negative items to have them removed from your credit report. If you wish to dispute a negative item (such as an unpaid bill), then contact the credit bureaus and original creditor. You should have a response from the credit reporting agencies within 30 days.

Fill out an application.

We have a secure online credit application available to help you get started with the financing process today. Simply fill out the credit application from the comfort and convenience of your home. A lender will contact you with more information about how to get started with your loan once we receive your credit application.

Speak with the lender.

Once the lender contacts you, we will go over your credit application and discuss your financial situation in detail. Based on this conversation, we will develop a variety of different program options that are custom suited to your needs. You can select the financing program that is best for you in terms of ease and affordability.

Contact Loan Doctor in Vancouver today to learn more about how you can apply for car financing in Victoria today and to get started buying and paying for your new or used car.

Get Your Car Ready for Spring by Listening Well

As we head into warm spring months, chances are good that you are already starting to think about road trips and weekend vacations. In order to safely take long drives for extended periods of time, it’s important to be sure that your car is in excellent condition and that you don’t have any engine parts that are threatening to come loose at any moment.

Listening to your car and reveal a lot about what’s going on under the hood that you may not be able to see. Plus, it will be easier to listen to your car in the spring because it’s a lot nicer to drive with the windows down! Even if you are not a car maintenance guru, there are some noises that should alert you to possible damage or danger. Here are a few noises that you may hear from your car and more information about what they may mean:

Squeal with Varying Pitches

The most common cause of a squeal coming from your engine – especially a squeal with varying pitches – is a belt. When you hear a squeal, chances are good that the belt is about to fail because it is loose. It’s important to take you car in for an inspection right away whenever you hear this kind of squeal.

Clicking

Many times, you will hear a faint clicking noise coming from your engine after you turn off your engine. Don’t worry – a faint clicking noise is a normal noise that is caused by your manifold dropping in temperature. You will not need to get your engine checked out if you hear this noise.

Howling

A howl that sounds like a cat when you turn your steering wheel (especially during parking) is a normal noise for many people. However, it’s not a safe noise. You should bring your car in to see if you need to add more power steering fluid to your car.

Clicking While Turning

If you hear a clicking noise while turning your wheel, then bring your car in for an inspection immediately. Chances are good that the CV joint (part of your axel) is wearing out. You don’t want to have an axel wear out during a weekend trip!

Whooshing Sound When Turning on the Car

If you hear a loud whooshing noise when you turn on your used car, then you’re probably okay. There is a large fan located behind your engine radiator that moves a lot of air quickly, causing the whooshing noise.

Contact the Loan Doctor in Regina for more information about how to listen to your car to get it ready for safe springtime driving.  We offer used cars and used trucks, car loans and bad credit car loans in Saskatchewan