Auto Loan Specialist
Frequently Asked Questions
How does financing with Auto Loan Specialist work?
The finance process at Auto Loan Specialist consists of 3 steps.
Step 1: Online Application Form
Step 2: Review Your Loan
Step 3: Approved Bank Loan
We have a large selection of vehicles to fit your approval. All you need to do is choose the vehicle of your dreams and we will have it delivered straight to your door. It’s that simple!
How can I qualify for a Pre-Approval?
Have a drivers license
Minimum $1800/month income
Proof of employment
18 or 19 years old depending on your province
A void cheque or pre-authorization form
Proof of address
Consent to a credit rating check
Can I apply if I have bad credit?
A majority of our approvals are for Canadians with below average Credit. Don't stress, let us work on getting you approved today!
I've declared bankruptcy. Can you Auto Loan Specialist get me approved?
Yes. At Auto Loan Specialist our lenders offer programs tailored to bankruptcies and consumer proposals. Let us help you get back on track today!
I'm new to Canada. Can Auto Loan Specialist get me approved?
Yes! Our lenders have financing programs for new residents of Canada. You may need to provide the following:
1.)Proof of Permanent Residency
2.)Proof of Income
3.)Valid Work Permit or Work Visa with an Expiry Date.
I have had past credit problems, what can Auto Loan Specialist do for me?
One of the best ways to build your credit is an auto loan. Apply today and choose a monthly budget that you can afford. An auto loan with clean payment history, will report to the credit bureau, and make a positive impact on rebuilding your credit.
I have a prime credit score, what can Auto Loan Specialist offer me?
We can secure you the best terms, reduce your time wasted driving from dealership to dealership. Perhaps you're having a difficult time locating a specific vehicle, we can help you find it. You can expect a fast, simple, and easy transaction. We will even deliver the vehicle to your door!
What's your inventory?
At Auto Loan Specialist, we have access to all makes and models wether you're looking for a new or used vehicle. Allow our Auto Loan Specialist to secure you a pre-approval, and match a vehicle to your needs and desired budget.
What is the interest rate on a auto loan?
Interest rates in Canada can range anywhere from 0% to 29.99%. Auto Loan Specialist will work on securing you the absolute lowest possible interest rate.
Can I refinance my current auto loan?
You sure can! We will work with other lenders and secure you a lower interest rate than you're already paying towards. Please keep in mind if you have lots of negative equity on your current vehicle, you may need to put money down.
Can I trade in my car with Auto Loan Specialist?
Yes! We pay above market price for vehicles.
How can I find out information about my credit history?
There are two major credit reporting agencies in Canada, Equifax and TransUnion. Both can provide you with a copy of your credit report.
Contact Information can be found below:
Toll-free number: (800) 465-7166
Toll-free number: (800) 663-9980
Get Approved for Your Future Auto Loan
Get approved for an auto loan in minutes with our 3 easy steps all credit is accepted!