Avoid car loan pitfalls - Car loan complaints

May 4, 2014, 3:08 am
Avoid car loan pitfalls - Car loan complaints

Nowadays, a car plays an essential part of most peoples' lives. It is how we travel to work, how we collect our children from school and how we get to and from the grocery store. What happens if your car suddenly breaks down and cannot be fixed? What would you do? For some people it simply isn't possible to purchase a car outright. We all have so many financial pressures on our shoulders and it can be difficult to save up enough money for a car.

This is why many people rely on car loans. For some people financing is their only option. That's why it is particularly worrying that the news seems to have been awash with stories about car loan complaints recently. Many people with bad credit feel that they get turned away for credit from so many places, which can lead to many people borrowing from unscrupulous lenders, who may not have their interests at heart.

For people who want to avoid car loan complaints like these, there is an easy solution. If you are looking to get a loan to purchase a car, Canada Car Loans can help you. We believe that having a poor credit rating should not be a barrier to getting great value for money vehicle financing. At Canada Car Loans, we have a unique approach towards lending. We look at individual's circumstances and find out exactly how much they can afford to pay back and over what period of time. We believe this is far more effective than simply looking at credit scores, or forcing people to take on a sky high interest rate with huge, unrealistic monthly payments.

If you speak to our consultants at Canada Car Loans, you will get the expert support you need. We will give you clear advice about all of the options available to you. You will not get empty promises, or become saddled with a loan that will cripple your monthly income.

We'll also provide you with a completely free of charge, online pre-approval service. Our interest rates start from 3.49% on pre-owned or as low as 0% on new. We have programs for good, bad and even no credit. Even if you've previously had an issue with a repossession, late payments, missed payments, or even bankruptcy, we can help.

At Canada Car Loans, we can also help you boost your credit score. If you have a poor or bad credit score, addressing the issue and actively improving your score will allow you to have even more options in the future. One of the easiest ways to do this is to purchase a car with finance and consistently make all of your payments on time. In no time at all you will have an improved credit score. Have a look at our online car loan calculator today, to find out how we can help you.

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