Canada's Trusted Bad Credit Car Loan Resource


Bad Credit Auto Loans

What is it?

A bad credit auto loan, also known as a subprime auto loan, is a type of special financing that is available for those who have a damaged credit history and have a credit score of 640 or below; for many lenders, any score that is lower than this is considered to be a high risk investment. While they carry higher interest rates than standard loans, they give you the opportunity to rebuild your credit history and provide you with the buying power for high ticket items, such as a car, truck or SUV.

Check out how much you may qualify to receive with our
No Obligation Auto Loan Calculator.

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What is the Process?

You could have a car in just 3 easy steps!

To start, you fill out the secure and easy to complete online loan request. The information you will need to successfully complete the form is:

  • Residency
  • Income
  • Employment

Once we have this information, we use it to find a local dealership who specializes in bad credit and is likely able to help you. Once your requsest form is processed by one of our experienced finance coordinators, they will contact you to discuss the financing options available in your area.

Once you have chosen which option you would like to pursue, you can visit one of your local dealerships and select a vehicle to purchase.

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What are the Requirements?

  • Resident of Canada.
  • Have all past Bankruptcies discharged.
  • Monthly payment cannot exceed 20 percent of monthly income.
  • Financed amount cannot be more than 10 times the monthly income.
  • Applicants cannot have a repossession within 1 year, unless it was part of a bankruptcy.
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Bad Credit?
No Credit?
No Problem!