In this line of work, I often see people talk themselves out of owning a car even before they set foot on the lot of our dealership. They look at their poor credit score and automatically discount their ability to qualify for financing, and thus a car. Bad credit car loans are not a thing of myth and whimsy, they exist, and our lending specialists are experts in the subject. Fear not for bad credit be damned, there is always a way to cleverly finance your next vehicle and get you driving as soon as tomorrow.
One method the lenders at our dealership have mentioned as a good way gain approval for a car loan is to have a cosigner sing off on the loan. A cosigner is someone with good credit that can put their name on a loan in addition to the primary borrower. If the primary borrower has poor credit the addition of a cosigner can often negate this in the eyes of the lender, and a loan that would otherwise be denied can be approved. The cosigner will also be liable to pay for the loan, and in the even of default, their credit will be subject to lowering because of their involvement in the loan.
Utilize the above method to put aside worries about financing when shopping for a new car at our dealership. Rest easy as our staff guides you through the lot and numerous cars we have to offer. It really gets our motor running when we can help a fellow Canadian into a vehicle that truly makes them happy.
Getting a loan us is a breeze, and with the addition of a cosigner, anyone can be approved and drive away that day in a wonderful vehicle from our vast selection. Bad credit car loans or good credit car loans, it doesn’t matter. All that matters are the happiness and satisfaction of our customers.