We can help you get auto loans if you have bad credit. The first thing you want to do is to get a hold of your credit report. Make sure there are no errors or unknowns that may be negatively affecting your credit score. If you do find any errors, you can write simple letters to the credit bureaus to get these items corrected. This can make a huge difference, especially when you work with a great car loan company like New Car Canada.
Knowing your credit score before talking to the car salesman is very important. You want to come into the deal with an informed attitude. Don’t wait for the salesman to come back to you with the news that your credit score is such-and-such. This puts you in a weak position. Tell the salesman your score beforehand, and find out what financing they offer for someone in your situation.
Many times you’ll find that the best rate on your car loans for bad credit won’t come from the car dealer. You see, the dealers actually get a cut from the financing deals that they do, so you’ll usually pay more when financing through a dealer, especially if you have bad credit.
Contacting a bank or even a financing company in Canada could wind up getting you a better interest rate – even if your credit isn’t that great. It’s a great advantage as well to go to a dealership with your financing already in place – you’ll be much less anxious and more able to focus on the car rather than the loan.
Where can you find us?
Welcome to the experts of car loans financing
Welcome to the experts of car loans financing for people with bad credit in Canada. We have good news for our customers who are in need of car loans but have bad credit. We give our customers a chance to get car loans at low-interest rates of 7 percent per annual. The down payment is also significant. Bad credit can be as a result of a loss of employment, inexperience or poor financial advice.
We provide our customers with car loan calculator and car financing for buying both new and used autos. The rates are fixed and flexible to the repayment. Our loans are quick to process and approved within one day. We have different loan options and can be applied together with a cosigner. One of the options is secured bad credit loan where the car guarantees the repayment. The interest rate is as low as 4 percent per annual and it is fixed throughout the repayment term. This loan has high approval rate, low or no down payment, and the amounts vary based on the collateral.
The second option is unsecured bad credit car loans. This loan has a rate of 7 percent and the terms are not competitive. Our company takes the risk and offers the loan even to the customer with damaged credit. Some of the requirements for this loan include the following; Identification Card, driver’s license and utility bills.
Our company inspects the cars you have chosen to determine the originality and confirming the value of the car to ensure it is worth the loan amount. We also provide the shipping and traveling allowances to our customers. Welcome to our company who help customers and give advice for more information about car financing with bad credit. Save money and time and apply for auto loans online.