Sudbury Bad Credit Car Loans, Loan Doctor Canada

Bad Credit Car Loans and Auto Financing Sudbury, Ontario

Sudbury loans for bad credit car financing in Ontario

When it comes to getting a car loan, credit and car loans are intertwined in a way that makes them somewhat codependent. In order to get a great car loan, you'll need to have great credit. However, in order to have great credit, it's wise to have a history of car loans that you have successfully managed or repaid.

Here are a few ways that we want our customers to be aware of when it comes to car loans and credit working together:

How credit is built-Credit is determined by five different factors: payment history, types of credit, amounts owed, new credit, and length of credit history. These five factors all account for varying percentages of a credit score.

However, payment history accounts for 35 percent of a credit score the largest percentage. Payment history means the track record that an individual has developed based on loans that he or she has taken out and then repaid.

In order to develop a track record of repaying loans, it is important to actually take a loan out in the first place. Many people begin to build their credit by taking out small loans, such as a car loan, and then committing to repaying it. When repaying the loan, customers are able to develop positive credit histories. So if you are in need of a car loan in the Sudbury area you have to the right place. Please fill out our secure online credit application and a Loan Doctor credit specialist will contact you promptly.

Easy 3-Step Process
 

Two Minute Application

Quick, easy and secure credit application. This is the first step in rebuilding your credit and getting the vehicle you want.

 

Choose Your Vehicle

Loan Doctor has access to thousands of cars, trucks, vans and SUVs across the country. We finance all makes and models!

 

Drive Away...

Congratulations on your new car! Loan Doctor will continue to work on lowering your interest rate even after you drive away.

Bad Credit Car Loans and Auto Financing Sudbury, Ontario

Regardless of your past credit issues Loan Doctor can help

© 2018 Loan Doctor. All Rights Reserved. Sitemap Powered By: Privacy Policy