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Halifax drivers improve credit with car loans

Truro, NS auto loan resource educates credit users on loan benefits

TRURO, Nova Scotia, April 1, 2014 /PRNewswire-iReach/ -- Much like any topic with combating schools of thought, the topic of credit often generates debate on best practices. While some credit specialists may argue that taking out an installment loan isn't the right option for some drivers, others suggest auto loans for those looking to build credit or improve an existing credit score. The professionals at, however, believe an auto loan should be acquired based on a driver's personal needs and financial status. 

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When a driver's goal is to obtain a vehicle with poor credit, they are often able to kill the proverbial two birds with one stone when taking out an auto loan. An auto loan is also known as an installment loan, which gives drivers the opportunity to make small monthly payments to repair undesirable credit while procuring a vehicle that provides mobility and convenience to a driver's life. works with drivers to establish their specific needs in an auto loan. Loan specialists will help prospective car buyers determine a realistic rate and payment plan while also getting them behind the wheel of quality used vehicles. 

The loan resource assists drivers in making strong financial decisions. Part of that includes having drivers decide which financial moves are advantageous or threatening to their credit standing. For example, taking out an auto loan when one has enough cash to make a purchase may not be the wisest option if his or her credit is reasonable. On the other hand, drivers who have incurred unexpected expenses from medical care or a divorce may benefit from building up their credit with an auto loan.

Drivers can learn more about the benefits of taking out an auto loan by working with the specialists at Financing options are detailed at The resource can also be contacted online or by phone.

Media Contact: Christian Thompson,, (902) 895-9000, [email protected]

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