Should I Get a 7 Year Car Loan?

Posted by & filed under Auto Loans.

7 Is the New 5 Not that long ago, when you borrowed money to buy a car, the standard term was 48 months. Then it was 60 months. Now a 7 year car loan is fairly common.Some dealerships will even allow you to spread your payments out over a whopping 96 months or longer. While it might be tempting… Read more »

Should I Buy or Lease a Vehicle?

Posted by & filed under Auto Loans.

  Buy or Lease – I don’t know what to Do! Shopping for a new vehicle can be a lot of fun – so fun in fact that many people go through the whole process every two or three years or so. Unless you know exactly what vehicle you want or need, there are tons of decisions… Read more »

Can I get a Car Loan with Bad Credit?

Posted by & filed under Applying for Credit.

I have bad credit, can I still get a car loan? At Auto Loan Kelowna, we’re an industry leader in providing auto loans to people who have bad credit. Your credit score can be damaged by unpaid bills, a bankruptcy, or high debt. You’ll also have a low credit score if you’ve never had credit… Read more »

How much Should I Spend on a Car Payment?

Posted by & filed under Applying for Credit.

Buying a vehicle is a big deal! Next to a house, buying a car is likely the largest single purchase you’ll ever make. It’s easy to get carried away when you go car shopping. Car lots are full of shiny, new or slightly used vehicles with tons of great features and creature comforts. You can easily fall… Read more »

What is a Credit Score?

Posted by & filed under Applying for Credit.

The dreaded credit score – so much hinges on this mysterious number. Many people have a general idea what a credit score is but few of us know what ours is or how it’s calculated. We don’t worry about it unless we apply for credit and then get turned down. When you apply for a… Read more »