How It Works – A guide to getting a car loan in Canada
Auto Loans Canada is simply a better way to get a car loan when compared to getting it on your own. People often go into a single auto dealer or bank to inquire about and to obtain a loan for a vehicle. Many often assume this may be the most “effective” way to get financed, but in fact it can have the opposite effect. Lenders generally favour people who can meet their narrow specification of lending requirements.This means that only a small population of people with “good” credit are approved for the “best” rates.Our company was founded in order to help people with all types of credit situations get financed with the best possible rates allowed. We help you make the best decision and simplify a process that’s sometimes confusing and intimidating.
We work hard and diligently in getting you the best rates
Unlike other loan corporations that submit loan requests to a single auto dealer or bank. We have a wide network with all major banks and automotive lenders, as well as auto manufacturers all across Canada. This allows us to have the means to handle good credit, bad credit, no credit, and even too much credit. We approved our clients even though they did not meet the lending standards of banks and/or auto manufacturers. We, also ensure that you get approved for the lowest possible rate your credit score will allow, helping you pay less than you need to.
Our auto loan consultants review every loan application personally
Before your loan is submitted to any lender, we carefully review all factors surrounding your loan. This gives us the ability to match your needs and budget with the right lender. We discuss your needs with the lender before any credit report is requested. This ensures that the lender is right for you and as to not affect your credit rating in the process. Once you’ve applied using our easy online car loan application, you’ll be assisted by a personal loan consultant right through the closing of your loan.
Getting a Car Loan is as Simple as 1-2-3
Step 1 – Apply for a Loan
You can apply online or by phone. Simply fill out the online form or call us at 1-855-416-5625. It will only take a few minutes.
Step 2 – Wait for approval
Let us do the legwork for you, all you have to do is wait as little as a few hours to be approved.
Step 3 – Get approved and in your car
Once you are approved for the car and the loan you are happy with, all that’s left is driving away in your newly financed car.
Most of our clients drive away the same day or within the same week they apply.