What a lender weighs besides the credit score
A credit score is one input among several. What a Canadian vehicle lender weighs besides the score, in roughly the order it matters, and why files differ.
Credit files and car financing
What is actually on a credit file, how vehicle lenders read it, and which parts of it change with time rather than with effort.
Posts on credit files and car financing
Car financing after a repossession: what it does to a file, and applying again
What a repossession or voluntary surrender puts on a Canadian credit file, how long it stays, and what a car financing lender weighs after it.
What changes about car financing after a discharge
The discharge is the date that matters. What it changes on a Canadian credit file, and what car financing looks like after one, document by document.
How a consumer proposal shows up on a credit file, and for how long
What a consumer proposal does to a Canadian credit file while it is active and after completion, and which single document changes the conversation.
Newcomers to Canada: what stands in for a credit history that did not cross the border
Credit history does not transfer to Canada. What lenders read instead for newcomers, which documents carry weight, and how permit expiry affects term length.
Building credit with a car loan, and how it goes the other way
A car loan is one of the few instalment accounts most people ever hold. What building credit with one adds to a thin file, and how it subtracts instead.
Hard inquiries, soft inquiries, and what actually touches a credit file
The difference between a hard and a soft credit inquiry in Canada, how long each stays on the file, and which steps of a vehicle application involve which.
Fixing an error on your credit report in Canada: the dispute, and how long it takes
A credit report error dispute in Canada: the route at both bureaus, what an investigation can and cannot reach, and how long a correction takes.
The credit score needed for a car loan in Canada
There is no cutoff. What credit score is needed for a car loan in Canada, what the published bands mean, and why a tier is not a verdict.
Reading is optional
The application is the part that has to happen either way. It goes to one dealer partner at a time, where a specialist reads the file — never a list.
Programs may vary by province. Approval is subject to lender review and application details.