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Recognizing this gap, a variety of Canadian lenders specialize in installment loans for those with bad credit, providing an option for individuals with less-than-perfect credit histories.

Refinancing your auto loan may lower your interest rate or provide better terms. Click here to discover our picks for the top auto loan refinance lenders of March 2024.

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An installment loan may not be your best option to cover ongoing expenses. Some ways to borrow money as needed include credit cards, lines of credit and home equity lines of credit (HELOCs).

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