Yes, you can get a car loan with a 500 credit score as long as you meet a few select lender requirements.
We’ve helped lots of people get auto loans with a 500 credit score. They simply had the right employment income and time on the job as well as other pretty good factors.
If you currently have a credit score of 500 and need to get a car loan living in Ontario Canada, then first step is to contact us online through our secure website form.
A credit score of 500 is not much of an issue when looking to get approved for a car loan. The main issue is you being able to prove that you’re working full-time and make the minimum income and job tenure. Don’t be afraid to take advantage of our free auto loan service, advice and tips for local Ontario residents looking to buy a vehicle but have no money down or have a credit score of 500.
Auto Loan Requirements Regardless of 500 Credit Score
- Minimum 18 Years of Age
- Ontario Canada Resident
- Employed at least 6 months
- $3,000 Monthly Income (before taxes)
- Ability to get car insurance
- Minimum G2 Driver’s License
Thank you and I look forward to helping you get the best auto loan Ontario lenders have to offer.