First chance financing
First chance credit
Your credit file is decent, without being perfect. A bank follows its grid and turns you down over a detail. We are the lender, so we assess your application directly, often on better terms than your own bank.
Rates up to 9.99%
This solution is for you if…
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Your credit score is acceptable, but your bank said no or offered a disappointing rate
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You are buying your first car and have no credit history yet
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You are a newcomer to Canada
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You are self-employed and banks make your file complicated
Why come to us rather than your bank?
A bank follows a grid, and the decision gets made somewhere else. Here, we are the lender: the advisor you speak with is the one who decides, and looks at your actual situation. Your application is not shopped to several lenders.
First purchase or newcomer: an empty file is not a bad file
With no credit history, banks hesitate. We have programs built for first-time buyers and newcomers: a well-structured car loan then becomes your best tool for building a good Canadian credit score quickly.
Frequently asked questions
Does applying hurt my credit score?
No. The inquiry is made with your consent, and because we are the lender, your application is not shopped to several lenders. That is different from knocking on five doors yourself.
What repayment terms are available?
It depends on the vehicle and your file: generally 36 to 84 months, with weekly, bi-weekly or monthly payments.