Wipe Out Your Debt Contest: Official Rules (2026)

1. Eligibility

This Contest is open only to legal residents of Alberta, Canada who are 18 years of age or older at the time of entry and who enter at contest.houseofcars.com. Employees of HOUSE OF CARS INC., its affiliates, subsidiaries, advertising and promotion agencies, and suppliers (collectively, the "Employees"), and the immediate family members of Employees and persons living in the same household as Employees, are not eligible. The Contest is subject to all applicable federal, provincial, and municipal laws and regulations. Void where prohibited by law.

2. Agreement to Rules

By entering, the entrant ("You") agrees to be fully and unconditionally bound by these Official Rules and represents and warrants that You meet the eligibility requirements. You agree that the decisions of HOUSE OF CARS INC. on all matters relating to this Contest are final and binding.

3. Contest Period

Entries will be accepted online starting October 1, 2026 at 12:00 a.m. Mountain Time (MT) and ending December 31, 2026 at 11:59 p.m. MT (the "Contest Period"). Entries received after the Contest Period ends will not be eligible.

4. How to Enter

Enter by completing and submitting the online entry form at contest.houseofcars.com during the Contest Period. All required fields must be completed. Incomplete entries, or entries that do not follow these Official Rules, may be disqualified at the sole discretion of HOUSE OF CARS INC. Limit of one (1) entry per person. You may not use multiple names, email addresses, phone numbers, identities, or devices to enter more than once. Any attempt to enter more than once or to otherwise circumvent these Official Rules may result in disqualification at the sole discretion of HOUSE OF CARS INC.

5. Prize

One (1) prize is available. HOUSE OF CARS INC. will pay off the outstanding balance of one (1) eligible loan held in the Winner's name, up to a maximum of $40,000 CAD (the "Prize"). The approximate value of the Prize is up to $40,000 CAD. Eligible debts include credit card balances, auto loans, student loans, lines of credit, personal loans, tax debt, and other personal debts held in the Winner's name, subject to approval by HOUSE OF CARS INC. Payment will be made directly to the lender, based on a current loan statement provided by the Winner. If the loan balance is less than the maximum Prize value, the difference will not be awarded. Any balance above the maximum Prize value remains the Winner's responsibility. The Prize is non-transferable and may not be assigned or exchanged for cash, except at the sole discretion of HOUSE OF CARS INC. HOUSE OF CARS INC. reserves the right to substitute a prize of equal or greater value if the Prize cannot be awarded as described.

6. Odds

The odds of winning depend on the number of eligible entries received during the Contest Period.

7. Winner Selection and Notification

One (1) potential Winner will be selected by random draw from all eligible entries received during the Contest Period. The draw will take place on January 7, 2027 at 2410 24 St NE, Calgary, Alberta, under the supervision of HOUSE OF CARS INC. The potential Winner will be contacted by email or phone within five (5) business days of the draw.

Before being declared the Winner, the selected entrant must: (a) correctly answer, without assistance of any kind, a time-limited mathematical skill-testing question; and (b) sign and return a Declaration and Release form confirming eligibility, compliance with these Official Rules, acceptance of the Prize, and consent to the publicity terms below, within seven (7) days of receiving it.

HOUSE OF CARS INC. is not responsible for any failure to receive notices due to spam or junk filters, incorrect or non-working contact information, or other technical settings. If the potential Winner cannot be reached within seven (7) days of the first contact attempt, is found ineligible, incorrectly answers the skill-testing question, or fails to return the signed Declaration and Release on time, the Prize may be forfeited and an alternate potential Winner may be selected by random draw from the remaining eligible entries.

ANY VIOLATION OF THESE OFFICIAL RULES BY THE WINNER, AS DETERMINED BY HOUSE OF CARS INC. IN ITS SOLE DISCRETION, WILL RESULT IN DISQUALIFICATION AND FORFEITURE OF THE PRIZE.

8. Publicity and Rights Granted by You

By accepting the Prize, the Winner agrees that HOUSE OF CARS INC. and anyone acting on its behalf may use the Winner's name, city of residence, photograph, likeness, voice, statements about the Contest, and entry content (including any story, photo, or video submitted) in any media, worldwide and without time limit, for publicity, advertising, and promotional purposes, without further compensation, where permitted by law.

By submitting any content with Your entry, You confirm that it is Your own original work and does not infringe the rights of any third party. Entries that infringe the rights of others may be disqualified at the sole discretion of HOUSE OF CARS INC. You agree to indemnify and hold harmless HOUSE OF CARS INC. from any claims, losses, costs, or expenses arising from any such infringement.

9. Personal Information

Personal information collected with Your entry will be used to administer the Contest, including selecting and contacting the Winner, and is handled in accordance with the HOUSE OF CARS INC. Privacy Policy and applicable Alberta and Canadian privacy laws. HOUSE OF CARS INC. does not sell, rent, or share Your personal information with third parties, except as needed to administer the Contest (for example, to arrange payment to the Winner's lender). If You opt in on the entry form, HOUSE OF CARS INC. may also send You promotional emails and updates. You may unsubscribe at any time. Opting in is optional and does not affect Your chances of winning.

10. Contest Integrity

HOUSE OF CARS INC. reserves the right, in its sole discretion, to cancel, terminate, modify, or suspend the Contest if a virus, bug, unauthorized human intervention, fraud, or any other cause beyond its control affects the administration, security, fairness, or proper conduct of the Contest, subject to any required approvals. In that case, HOUSE OF CARS INC. may select the Winner from all eligible entries received before the action taken. HOUSE OF CARS INC. may disqualify any person who tampers or attempts to tamper with the entry process or the operation of the Contest or website, or who violates these Official Rules, including by submitting multiple entries or using bots, macros, scripts, or other automated means to enter. Any attempt to deliberately damage any website or undermine the legitimate operation of the Contest may violate criminal and civil laws, and HOUSE OF CARS INC. reserves the right to seek damages to the fullest extent permitted by law.

11. Limitation of Liability

By entering, You release and hold harmless HOUSE OF CARS INC. and its subsidiaries, affiliates, advertising and promotion agencies, partners, representatives, agents, successors, assigns, employees, officers, and directors from any liability, loss, claim, or damage that may occur, directly or indirectly, from: (i) Your participation in the Contest and/or Your acceptance or use of the Prize; (ii) technical failures of any kind, including the malfunction of any computer, network, hardware, or software; (iii) the unavailability or inaccessibility of any telephone or Internet service; (iv) unauthorized human intervention in any part of the entry process or the Contest; or (v) electronic or human error in the administration of the Contest or the processing of entries.

12. Governing Law and Disputes

This Contest is governed by the laws of the Province of Alberta and the federal laws of Canada applicable therein. Any dispute arising out of or connected with this Contest shall be resolved individually, without resort to any form of class action, exclusively before a court of competent jurisdiction in Alberta.

13. Social Media

This Contest is in no way sponsored, endorsed, administered by, or associated with Meta Platforms, Inc., Facebook, Instagram, Google, YouTube, or TikTok. You are providing Your information to HOUSE OF CARS INC. and not to any of these platforms.

14. Sponsor

The Sponsor of this Contest is HOUSE OF CARS INC., 2410 24 St NE, Calgary, AB T1Y 3N7. Questions about the Contest can be directed to (587) 352-7307.

15. Acceptance

By entering the Contest, You confirm that You have read, understood, and agree to these Official Rules.