Can Canadians really afford to own cars? A study finds auto loans are on the rise – and that they represent an amount of unsecured debt that could pose danger to Canada’s economy. Read on for the full story.
Subprime car loans can help consumers with bad credit buy a vehicle – but some lenders are under fire for misleading interest rates and terms. Here’s what you should be aware of before getting this type of financing.
Royal Bank of Canada announced today that it is further expanding into the auto financing sector through the acquisition of Ally Bank’s car financing business division.