Most Canadian lending institutions have very strict policies regarding who the type of vehicle needed for a bad credit used car loan. For example, many lenders have requirements as to how old the vehicle can be. New cars are considered to be current and one year old untitled vehicles. Used cars, although a much broader category, are generally limited by mileage or age, with some lenders refusing to extend credit for any vehicle over 8 years old (the cutoff can even be as short as 5 years). (more…)
English |
Français
Posts Tagged ‘bad credit auto loan’
Candian Credit Scoring and Auto Loans
Friday, November 12th, 2010Most Canadian lending institutions have very strict policies regarding who they will lend to and the type of collateral needed for the loan, especially when it comes to reviewing applications for car loans with bad credit. For example, many lenders have specific requirements concerning how old a vehicle can be. (more…)
Auto Loan Financing in Canada
Wednesday, October 20th, 2010There are literally thousands of web sites that give consumers advice about auto finance. Much of this information is based on the argument that car dealers take advantage of the customer. But while there are still a number of dealerships out there that even we would consider being “bad eggs”, our experience has been that most dealers treat their customers fairly. (more…)
Bad Credit Auto Loan Car Dealers
Monday, September 27th, 2010If this is your first time visiting Canadaautoloan.net, one of the many questions you have to be asking yourself right now is, “why should I apply online for a bad credit auto loan? Why not visit one of the many car dealers in Canada and apply for one while I am there?” The answer is simple – not all Canadian car dealers do what is known as “special finance.” (more…)
Are Guaranteed Auto Loans For Real
Tuesday, August 17th, 2010How many times have you seen advertisements with these slogans – Guaranteed Auto Loan – Car Loans with Instant Credit Approval – Guaranteed Credit Approval – Bad Credit, No Credit, No Problem? You’ve probably seen these kinds of advertisements hundreds and maybe even thousands of times, whether it’s on the internet, in the classified sections of newspapers or even on billboards posted along the road.
Bad Credit Auto Loans with No Money Down
Friday, August 13th, 2010Every day you see articles on the internet that suggest that all bad credit car loan buyers can finance a vehicle with no money down. Nothing could be further from the truth. (more…)
Helping Mom Get an Auto Loan
Saturday, August 7th, 2010Can you remember the last time your parents asked you for help? We grow up our whole lives depending on our parents to help us with all of our problems. Once we are old enough to help them, the situation rarely presents itself. I finally had the chance to help my Mom a few weeks ago when she had mentioned to me that she was having trouble finding a dealership to finance her for a vehicle. (more…)
Auto Loans For Bad Credit
Thursday, August 5th, 2010There are a number of things to consider if you are a Canadian considering auto loans for bad credit to finance your next vehicle. Auto loans for bad credit have a number of basic requirements that must be met in order to qualify for one. (more…)
Guaranteed Auto Financing
Monday, August 2nd, 2010If you’re reading this, there’s a good chance that you have bad credit and you need a car. If that’s the case, then you’ve come to the right place. Bad credit auto loan web sites have helped thousands of applicants just like you reestablish their auto credit. You can begin the process simply by filling out the online loan application. (more…)
