Types of Loans

Here are a few of the most common types of loans Single loan:Sometimes called a bridge or interim loan is for a short-term. This type of loan needs to be paid back at the end of the loan period. The total of the interest and the principal…

Secured Car Loan

Secured Car Loan and Unsecured Loans The basic definition of a secured car loan is a loan with collateral offered in case of default on the loan. Usually, the collateral is the item being purchased. Collateral for a car is the car itself.…

Definition of Credit

Old Definition of Credit Surprisingly enough most of the naming conventions connected with modern accounting comes from from the Latin or Greek languages.  The term, “credit” for example comes from 'Credo,' a Latin word that means…

Guaranteed Approval Auto Loans in BC

100% Loan Approval for Auto Loans in BC - Is it Possible? How is it possible to guarantee 100% approval? A lender promising 100% approval will likely require a large down payment to minimize their risk if you have a low credit score. Such…

Instant Online Auto Loan Approval

Online Auto Loan  What happens when I fill in the Pre - Approval Loan Application? When you fill in an online auto loan application it will be immediately read by a human not a software program.  If it is submitted outside of business…