Canada's Trusted Bad Credit Car Loan Resource

Most special finance auto lenders will require a down payment from applicants with less than perfect credit. Many consumers see this as an annoyance, but it actually works to your advantage to make as large of a down payment as you possibly can.

Gas prices in Quebec dropped by 16% on average in 2015 compared to 2014 according to CAA-Quebec. However, the lower prices Canadian motorists paid at the pump were not proportionate with the drop in the price of crude oil. What gives?

Damaged credit can make obtaining any kind of financing difficult. And, when you need to buy a car, a low credit score can stand in the way of getting approved for a car loan.

Subprime lenders generally assign higher than normal interest rates to those that they approve to offset the higher perceived risk. Your interest rate may be higher than normal, but there are ways that you can minimize your exposure to it.

If you have no credit history or you are a first time car buyer, it's not uncommon to have little or no knowledge of how the auto loan process works. What do you need to keep in mind when you are trying to get your first car loan?

A recent report issued by Lucie Tedesco of the Financial Consumer Agency of Canada (FCAC) shows a “worrisome” growing trend of long-term auto loans of more than six years.

Tarnished credit can make getting approved for auto financing a much more stressful situation, and that pressure to just get it over with can be absolutely overwhelming.

Have you ever wondered if there are certain times when it is better to buy your next vehicle? There actually are. And right now the market conditions are favourable in Canada, making it a great time to get an auto loan.

Did you know that you can be approved for an auto loan if you have damaged credit? Canada Auto Loan can help you get approved if you meet these simple requirements.

Most traditional dealerships will always have issues approving you without a strong credit history. What you need is a dealer who can work with your credit and financial history, not against it.