Bad Credit Auto Loan BC
What is a bad credit auto loan?
A bad credit auto loan is for individuals who’s credit is bad and are in need of an auto loan. These loans are financed by subprime lenders. These lenders are sometimes a division of a prime lending institution while some are private or publicly owned companies. A person with less than perfect credit score, usually under 650 beacon will likely be approved by a sub prime lender. Sometimes A bad credit auto loan will have varying interest rates that is dictated by the activities listed on the applicant’s bureau. Credit score, previous and current credit reporting all play a factor in the lender’s decision making of the applicant’s interest rate and approval. Other factors that contribute are job stability and income as well as the vehicle, year and kilometers.
When Do I Qualify For A Bad Credit Auto Loan?
As a rule, One can qualify for an bad credit auto loan when there has been some time lapse since the last bad credit reporting. However, different bad credit auto loan lenders have different parameters for lending. Most will gauge their approval based on the whole picture. What was and what is. The income level, job stability, previous high credit as well as the type of credit reporting on the credit bureau if any. A person with no credit history for instance or no credit to rate but still has a higher than 650 beacon will only qualify for a bad credit auto loan. For those who have had credit, the type of credit they have had weather it’s revolving (credit cards) or installment (auto loan or mortgage). It’s highly recommended to seek a credit specialist to assist you in finding the right lender to get the best rate and payment.
Bad Credit Auto Loan and Its Benefits
The main benefit of a bad credit auto loan is to qualify and acquire a vehicle. But in the long run, you are re establishing credit which gives you a second chance at the prime rates when you ever need to utelize credit again. The biggest benefit of all is the pride and self confidence from restoring your credit rating. knowing you fixed something that is personal for the better is the best reward.
Bad Credit Car Financing in British Columbia
Credit Queen is your best choice for car financing your next vehicle.
Contact Us Today at 1-866-602-3743
With the way today’s economy is going with high unemployment and high divorce rates having bad credit or high debt loads is extremely common. A majority of the people in the province of British Columbia have had some sort of credit issues in the past.
We specialize in working with clients under all forms of credit challenges. If you have 1 or more of the issues listed below phone us NOW and get pre-approved today!!
- WRITTEN OFF CREDIT
- LOW BEACON SCORE
- LEASE SELLOFFS
- HIGH DEBT SERVICE RATIO
- TOO MUCH OWING ON TRADE
- YOUNG BUYERS
- 9 SIN NUMBERS
- PREVIOUS DECLINES
- OVER BALANCES
Car Financing BC – Our Consultants are the Best in British Columbia!
When you talk with a specialist Joanne at Credit Queen you are getting advice from the best in the business. Our BC car loan experts are connected with every lending institution in Canada and will only match you up with one that fits your financial situation perfectly. Though we specialize in bad credit car loans, credit rebuilding, refinancing car loans, consolidation loans etc., our car loan consultants have what it takes to get a better interest rate for a car shopper with even the best credit.
Contact Credit Queen Today at 1-866-602-3743
BC Car Loans
When you talk with a specialist at Credit Queen you are getting advice from the best in the business. Our BC car loan experts are connected with every lending institution in Canada and will only match you up with one that fits your financial situation perfectly. Though we specialize in b car loans in BC, credit rebuilding, refinancing car loans, consolidation loans etc., our car loan consultants have what it takes to get a better interest rate for a car shopper with even the best credit.
Get Approved for Car Loans FAST!
Once you have submitted your online credit application, a Credit Queen Representative will work hard on your behalf to find the right lender that suits your needs and get you approved as quickly as possible.
Rebuild Your Credit Rating
A bad credit car loan is the fastest and easiest way to rebuild bad credit. contact a Credit Queen consultant today and see how you can rebuild bad credit while driving a car that you like!
We Help You With
- Bad Credit
- No Credit
- Self Employed
- Get Paid in Cash
- Consumer Proposal
- Poor Credit
- Previous Repo
- Fixed Income
If you are in a full time position and earning a minimum of $2200 per month – get in touch, we can help!
Same Day Approval Auto Loans
To get approved for an auto loan today simply complete the free application form below. Once finished, our experts will take care of the rest!
APPLY ONLINE NOW OR CALL US AT 1-866-602-3743 AND WE WILL HELP YOU OVER THE PHONE.
We are BC’s first choice in automotive financing. We offer the lowest rates with same day approval. Our no.1 goal is to provide you with exceptional service, and the best possible new or used vehicle that fits you and your family’s auto loan needs.