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Credit is important when getting a car or a house. So, what is credit? Credit is when you borrow money from a company or bank (lender). You do not pay back the money right away, but instead defer repayment to a later date. There are two main types of loans:... 1. Installment loans: larger purchases like a car, a house or paying for school. 2. Revolving credit: credit cards or lines of credit. These types of loan fall under two main categories; 1. Secured: where collateral is used. 2. Unsecured: where collateral is not used. Visit www.ZiPiP.ca to learn more about credit.

A NEW WAY TO BUY AND SELL CARS