Rick MacDonnell has been a writer and an editor in the automotive industry since 2012. He has written extensively about financing, advanced technologies, and buying tips for mid-and-lower-income families. At MyRide.ca, he helps credit-challenged consumers get approved, lower their interest rates, and get the financial freedom they need. He lives in Edmonton, Alberta.
Driving conditions get all the press once the snow starts to fly. Slippery roads and massive snowdrifts are a pain, to be sure, but most of us lose sight of the fact that the majority of our winter driving woes happen before we ever hit the pavement. With heavy snowfall, freezing rain, and below-zero temperatures, most of your issues are caused by the snow, ice, and fog on your vehicle.
There are five factors that determine how the banks decide if you get a car loan: Work history and current income, Debt and expenses, Credit history, The vehicle you’re getting a loan for, The money you’re paying up front...
Improving your credit with a car loan isn’t just possible, it’s one of the most effective strategies available. However, it is by no means a guarantee. Car loans can be very beneficial to your credit score, but only if you handle them properly.
EDMONTON, AB – The team behind My Ride has approved more than 300,000 Canadian car loans since 2011. It’s a staggering number, made even more impressive by the fact that, until this year, the company worked almost exclusively in Alberta.
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