House of Cars Calgary Announces They Are Able to Help Individuals Build Credit
Many people are experiencing financial difficulties which lead to them being unable to get a vehicle, but this dealership can be of help, HouseOfCarsCalgary.com reports
Calgary, Alberta – October 10, 2017 /MarketersMedia/ —
According to the Financial Post, Canadians are in over their head when it comes to debt. In June, the organization reported that Canadians now owe $1.67 for every dollar of disposable income they have. Non-mortgage consumer debt has risen 3.3 percent over the past year, and individuals may not be able to make their payments as agreed. In fact, many individuals are already in this situation and are now being forced to sell their vehicle or declare bankruptcy. For individuals in this situation, House of Cars can be of help in ensuring they have transportation.
“We are now the number one dealership in Alberta and we are also the fastest growing. Individuals who find they have been unable to obtain a car loan due to their credit turn to us for assistance, as our credit rebuilding program remains one of the best in the city. An individual can quickly rebuild their credit and cut their interest rates in half with the help of this program, as we work with individuals who have no credit, bad credit and prime credit,” Nadeem, spokesperson for House of Cars Calgary, explains.
Equifax reports the average individual now owes $22.595 in non-debt mortgage. However, the company goes on to state individuals in Alberta have the highest rate with an average non-mortgage consumer debt of $28,240 per person. This is an increase of 1.8 percent over the previous year, and any individual may find they are in a situation that is detrimental to their finances.
“A person could find they become ill and are no longer able to work or their company could go out of business leaving them with no income. These are only two examples of things that can lead to a person no longer being able to fulfill their financial obligations. We understand things happen that are beyond a person’s control, and we work with individuals to help them obtain a car loan when others won’t,” Nadeem continues.
Interest rates will be higher for individuals with bad credit or no credit, thus the key to successfully purchasing a vehicle lies in finding a payment the consumer can easily manage. In many cases, however, a person finds they can refinance the loan after making a number of consecutive timely payments. This assumes the person doesn’t not have new financial problems that appear on their credit report. House of Cars Calgary works with clients to make certain they don’t take on more car than they can realistically afford.
“Our Used car dealership is proud to have been honored with a number of awards over the years. This includes the Top Choice Awards in 2016 and 2017, the Calgary Metro Community Choice Winner in 2016 and 2017 and the Reader’s Choice Awards in 2016 and 2017. Visit our dealership today to see how we can be of help to you with Bad credit car loans, car loans for individuals with no credit and more. We’ll work to get you into the vehicle of your choice today,” Nadeem declares.
About House of Cars Calgary:
Established in 2012, House of Cars Calgary has grown to be a premier auto dealer in the Calgary, Airdrie and Medicine Hat regions. Throughout the company’s tenure, they have remained driven to combine outstanding customer service, excellent repair and maintenance work and comprehensive new and used car, truck, minivan and SUV inventories under one roof. Their mission is to provide more vehicles with fewer limitations and they believe in creating a fun, friendly and transparent way to buy a pre-owned vehicle.
Contact Info:
Name: Nadeem
Email: Send Email
Organization: House of Cars Calgary
Address: 2410 – 24th Street NE, Calgary, Alberta, T1Y 3N7
Phone: 1(888) 749-4728
For more information, please visit https://www.houseofcarscalgary.com
Source: MarketersMedia
Release ID: 248517