If you have bad credit, but need to buy a car, don’t worry! We offer bad credit car financing to all customers regardless of their past credit situations. Credit history and credit score will play a role in what kind of credit options you will get, but they will not limit your ability to get a car loan. Here are a few steps that you can take today to apply for bad credit car loans in Vancouver to get one step closer to owning a car:
Check your credit report.
Before you fill out a credit application, it may be wise to review your credit report. You can get an instant credit report from any of the three online credit reporting agencies. Make sure that all items on your credit report are accurate. Remember: your lenders will review your credit history when they consider what type of loan to give you. Even if you have bad credit in your history, you can still get a fair credit loan, but you should be aware of the reality of your credit history when you approach a lender.
Fix errors in your credit report.
You may have incorrect negative items listed in your credit report. You have the right to dispute these negative items to have them removed from your credit report. If you wish to dispute a negative item (such as an unpaid bill), then contact the credit bureaus and original creditor. You should have a response from the credit reporting agencies within 30 days.
Fill out an application.
We have a secure online credit application available to help you get started with the financing process today. Simply fill out the credit application from the comfort and convenience of your home. A lender will contact you with more information about how to get started with your loan once we receive your credit application.
Speak with the lender.
Once the lender contacts you, we will go over your credit application and discuss your financial situation in detail. Based on this conversation, we will develop a variety of different program options that are custom suited to your needs. You can select the financing program that is best for you in terms of ease and affordability.