TORONTO, Ontario, March 3, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Auto Loan Solutions, Ontario's largest specialty auto loan company, is on a mission to educate and enlighten consumers about bad credit car loans, and how they can strengthen their credit score through taking out a vehicle loan. The company looks to achieve this goal by utilizing its various promotional tools, including a newly-launched blog, as well as social media platforms such as Facebook and Twitter.
Through these channels, Auto Loan Solutions aims to assist its customers by teaching them the skills they need to get on the path towards financial success and improved credit. To arrive there, the company's team of specialists coach each customer to ensure that they receive proper education on vehicle financing, debt, and how to manage personal finances.
According to the Bank of Canada, over the past eight years auto loan debt has almost doubled in Canada to more than $120 billion, as banks continue to offer "riskier" and lengthier terms on car loans. In fact, both 2013 and 2014 saw record vehicle sales, a trend that is poised to continue in 2015, with 1.8 million vehicles expected to be sold. In the wake of these developments, being knowledgeable about the best practices in credit and financing have never been more important.
"We've had many customers contact us who were unsure about what kind of habits they could adopt to improve their credit score," explains Auto Loan Solutions President Roger Ryall. "We realized that by launching this new educational initiative, we could offer solutions and tips not only to improve the lives of our customers, but the lives of consumers across Ontario who are struggling with poor credit."
For example, the new blog will focus on a variety of topics and issues that will assist consumers as they search for information on car loans and purchasing, particularly for anyone with bad or no credit looking to reestablish it.
Auto Loan Solutions will also offer several helpful tips to its audience on social media, including better credit-building habits, how to effectively get out of debt, how bankruptcy damages one's credit score, what current economic trends entail for the average Canadian, and more.
About Auto Loan Solutions:
An independent specialty auto loan company, the only in Ontario to offer its customers a 30-day vehicle exchange policy, Auto Loan Solutions is part of the Humberview Group, a network of 20 franchised car dealerships across the GTA with a huge inventory of new and used vehicles. The company specializes in getting approvals on car loans for new immigrants, individuals with poor credit, no credit, or have filed for bankruptcy or a consumer proposal.
Auto Loan Solutions
3200 Bloor Street West
Toronto, ON
M8X 1E1
1-866-467-8945
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2015/03/prweb12555297.htm