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November 4, 2015
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Car Loan Myths

car loan myths

4 COMMON CAR LOAN MYTHS ANSWERED

You must be on the job for one year. False!

In certain cases, you only need one month on the job. It’s that easy.

Self-Employed workers won’t qualify for a car loan. False!

As long as self-employed workers have a verifiable income, we can obtain car loan through our auto finance specialists.

Clients without credit need a large down payment. False

In fact, many of our customers get approved for car loans with no money down and not credit history.

Applicants without a credit score can’t be approved for a car loan. False

No credit, no concerns! If you are new to Canada or just haven’t build your credit, we can still approve you for a car, truck, SUV or Van loan.

 

Any other questions, leave a comment below and our experts will get back to you 🙂

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