Finance FAQs

We at Credithelpfinancial are asked quite often why there are two different rates on the bank contracts one called Annual Interest rate and one a little higher that reads Annual Percentage rates?

First check your credit score. If you have been a victim of Identity theft this can be a real nightmare. You can obtain your credit report for free from the two reporting agencies, Equifax Canada and Transunion. You can either go online and order one or call them and ask them to send you a free report.

Fines for vehicle owners, lessees and drivers who do not carry valid auto insurance can range from $5,000 to $50,000.

Buy here pay here car dealers and lease to own might be the best and only option. You may have people telling you not to go this route. It may be exactly what you need to bridge your credit until you are ready for regular financing.

Consolidating and paying down debt can have a huge impact on your credit scores. According to FICO, the company behind most of the credit scores used by lenders...

Once you have dealt with all the negative on your credit report don't wait to re-establish your credit. People end up with all of their debt and negative off their credit report but end up with no active reporting on their credit...

You should pull your credit report at least once a year if not every four months, but once you get that report, what do you do with it? Here are some things that you should look at once you pull your report that may be affecting your score...

I received a message on Facebook the other day saying that customers should not pay high interest car loans because everyone can get a bank loan at a new car dealership...

More New car buyers are opting for the 84-96 month loan and experts are wondering if this will be a financial time bomb. Many of you will remember when ads touted 48-month loans; today the biggest growth is coming in loans lasting up to 84 or 96 months...

Here are a few steps to help you figure out how to get started at trading and refinancing a new vehicle, possibly with a lower payment and more money in your pocket.

Ontario is taking action to protect consumers and help them save money on auto insurance through its Auto Insurance Cost and Rate Reduction Strategy...

Besides the challenge of settling into a new house and culture, immigrants to Canada face a number of problems when it comes to getting their financial lives in order. But theres one thing Canadians all have in common: the sooner we start working on our credit history, the better...

If you need a bad credit car loan, lenders and companies like Credithelpfinancial are now more willing than ever to offer help in obtaining a bad credit car loan. The auto finance industry along with the major...

Getting a loan now is a lot harder than it used to be. There are a lot of requirements and paper trails that will be looked at when you apply. Lenders will look at collections, payment history...

Many people make mistakes when it comes to credit however you can rebuild your credit and become a borrower in good standing. CreditHelpFinancial and the staff can answer your questions on how to accomplish this...

if you need to purchase a used car but have bad credit due to slow payments, collections but paid now, divorce or medical reasons, you will find that your options are limited when it comes to financing with bad credit...

How can I repair my credit after my bankruptcy? After your bankruptcy is completed, credit repair in Canada can be achieved most quickly if you follow this six step plan.

Not repairing your credit at all. Perhaps the biggest mistake of all is putting off credit repair indefinitely, even though most negative information will fall off your credit report after seven years...

Walking into a dealership with a Pre-approval in your hand gives you bargaining power and flexibility. It also helps you avoid the common sales tactic of mixing up the vehicle price with financing costs...

Every year, millions of people will end up having their identity stolen around the world. Being a victim of identity theft can be a life changing in every way...

There are several factors that most lenders consider when looking at a persons credit for a bad credit auto loan or lease. These factors vary in importance from lender to lender. These factors include...

You purchased a car that only qualifies for a high interest rate. When you purchased your car, your credit report limited the monthly payment you qualified for, at that time...

No matter which option you choose, you can still pay down the entire car loan at any point, with no additional costs to you. Competitive interest rates are available, so visit us today...

Lenders use a number of facts to make credit decisions, including your credit score. Lenders look at information such as the amount of debt you can reasonably handle given your income...

Can a person who has filed for bankruptcy still get an auto loan? If so, how long must a person wait after filing Chapter 7 before they can get an auto?

First off, what is it exactly that gap insurance covers? That's an easy question. Gap insurance covers the difference in value between what you owe on the vehicle, and what the vehicle loan is worth...

At Credithelpfinancial Buy Here Pay financing or lease to own means that you arrange a loan and make payments here at the dealership. You purchase the car through what's referred to as in-house financing versus through a third party, such as a bank...

The person you cosigned for may have had bad credit or no credit at the time. Now you want to get a car loan in your own name but the cosigned auto loan is standing in your way...

Potential car and truck buyers will flock to Toronto this week to check out the latest and greatest vehicles at the Canadian International Autoshow at a time when auto enthusiasm is rising and sales are expected to reach near-record highs in 2013...

Your obligations to credit-card companies carry more weight on your credit report than bigger debts, such as home and student loans. This is consumer credit information that is used to calculate credit scores...

You can also look for a padlock icon or a solid key icon on your Web browser You are welcome to click on the lock on the right side of the address bar to see the security at Credithelpfinancial before you submit your application...