Chrysler Jeep Dodge & Ram Finance Centre in Grande Prairie, AB
Advice to help you move forward
With 30 years of experience and relationships with the major lenders in the automotive loan industry, we can provide sound financial advice, allowing you to make informed decisions that will have you driving down the road to financial freedom sooner.
Your credit and confidence
Rebuilding your credit is an important step in your financial planning, one that can assist you with opening doors and opportunities that were previously shut.
Yourself in the driver’s seat
We can assist you with a new ride, and The Credit Expert can put you back on the right road, allowing you to take control of your finances and your future. Who doesn’t want that! Apply for a car loan in Grande Prairie today!
Credit and Trust
Have you even broken someone’s trust and been able to build it back up over time? It’s difficult, and it can take a while, but it’s certainly possible. Credit at its core is essentially trust: does a lender trust that you’ll repay the balance of the loan at the time you agreed on. Of course it’s better not to break someone’s trust in the first place, but sometimes it’s easier said than done. What do you do now?
1. Identify why you have a credit problem
We don’t just mean what items you purchased that resulted in you being considered a lending liability. What are the daily habits or external forces that have caused you to seek out loans greater than you can afford? If you keep on doing what you’ve always done, you’ll keep on getting what you’ve always gotten.
2. Create a budget
To pay down your debt, gain some financial stability, and create a sustainable spending strategy, you’ll need a budget. Thankfully there are many helpful resources online to help you do just that. Creating a budget not only provides you with a plan for the coming weeks and months, it also helps you to identify unnecessary or frivolous purchases.
3. Pay down your debt
The less debt you have, the more attractive you’ll look to lenders. Catch up on late payments and pay down as much of your debts as you can. Start with the one with the highest interest rate, then once that is completely paid off, proceed in the same manner until all of your debts are either entirely reconciled, or else manageable.
4. Continue making sensible borrowing decisions
Avoid taking out credit that is not necessary. Car loans are appropriate because having a vehicle is often essential in earning an income. Buying jewellery from the shopping channel? Not so much.
Start rebuilding your credit by making your payments on time over a couple of years. Paying off a vehicle on time over a number of years helps lenders to regain faith in your borrowing status, and may ultimately lead to you being able to qualify for lower interest rates in the future.
5. Rebuild Your Credit
Depending on your region, the longest that a negative piece of information (evidence of late or missed payments, bankruptcies, defaults, etc.) can remain on your credit report is 6 to 7 years. Rebuilding your credit will take time, but life is long. You may also find the process deeply satisfying, as you are not only improving your credit standing and ability to borrow money, but are developing entrenched, healthy habits that will be fruitful across many other aspects of life.
Our professional finance department is not only here to setup a loan for your vehicle, they are here to help you protect it as well. We offer several products to help protect your vehicle and your loan so that you can relax and enjoy your vehicle no matter what life throws your way.
We know that life is busy, and we want to keep you moving. Our service contracts are designed to keep you covered. We can extend the manufacturer’s warranty to keepover 5000 different components coveredfor as long as7 years or 200,000 kms! That is parts and service covered and your roadside assistance is extended for you as well. Can you just imagine the peace of mind knowing that we have you covered for up to 7 full years!!
We wanted to go above and beyond for our customers, and we realize what a hassle it can be without your own vehicle, so we wanted to provide you with one of ours! Anytime your vehicle has to come in for service, whether its maintenance, warranty or just needing a fix, we will provide you with a rental vehicle from our rental fleet for FREE! This service is valid starting September 1, 2017 when you purchase a vehicle through Nor-Lan Chrysler and is applicable for theLifetime you own this vehicle!!
Our exclusive Lifetime Oil Change Program is unrivalled! It covers your oil changes for the lifetime that you own your vehicle! And we have our quick lube bay which is open 7 days a week from 6am – 6pm. Simply drive in, we will change your oil and oil filter, top up your fluids and check all your lights, air filter, hoses, belts, and more!
Disability coverages will protect your loan in case of sickness, accident and/or injury. MDA makes your vehicle payment for you until you are able to return to work. These plans will work with other coverages that you may already have, so that your vehicle loan will be covered and you can use your other plans for the rest.
Life insurance will payout the balance of your vehicle loan so you don’t leave your loved ones with this debt. It also maintains the value of your other insurance policies, and is at a very affordable rate.
Life does not always go as planned. This is where we can offer you insurance to protect your investment and your good credit.