Need a Car Loan? Live in Ajax Ontario? Get an affordable car loan regardless of your credit near Harwood Avenue South, Ajax, ON L1S 2H6.
Local Ajax Ontario team with access to the vehicle you want and a low monthly payment Why travel hours away to get a car loan when you can avoid the hassle by dealing with a reliable and trustworthy dealership focused on your Ajax location. It’s much easier for you after the purchase to get servicing and support if your car loan is from a dealership minutes away from your home.
Complete our online contact form now and a friendly advisor will contact you to discuss your auto loan interest rates, vehicle all-in price, monthly payment amount and terms.
Select the vehicle and financing terms from the options provided.
Step 3: Drive away a happy customer and tell all your friends of the wonderful service you received.
After You’ve Completed The Contact Form
Our auto loan partners have programs available to suit various needs.
Decisions normally occur within hours during normal business days.
Our partners have access to a large selection of vehicles and lenders from every province, enabling them to place your application with the company who wants it most.
This means less chance of credit rejection due to poor credit or lackluster coverage, and the ability to be led step-by-step through the approval process by a local finance specialist.
Our website supports mobile devices, and our applications are designed to require the minimal amount of personal information.
Not only does this keep your information to a minimum, it reduces the amount of time spent submitting your request for an auto loan for bad credit in Ajax and Ontario.
Approval And Rate Of Interest for Vehicle Financing
When it comes to your auto loan, there are two things a finance company looks at most carefully:
- your income
- credit score
Ajax residents have pretty decent monthly incomes
Generally, bad credit car loan lenders require that you be currently employed with $1800 income monthly.
At the same time, your level of existing debt, inclusive of your auto loan, must not exceed half of your wages.
For consumers who live in Ontario Canada this is not bad at all. Salary or credit rating lacking? It’s ok.
You may still be able to meet the requirements with a co-signer, more money down for payment, or even with buy here pay here car lots in Ontario for bad credit financing vehicles.
Let’s look at Ajax Ontario FICO scores as a whole:
• 350-599 Credit Score:
• 600-649 Credit Score:
• Credit Score from Our auto loan partners as “Poor” less than 620
When you have a poor credit rating and need a car loan, we work with companies who offer solutions on a regular basis.
If you make more than $1,800 monthly and can boast a debt vs income ratio of less than 50%, your chances of qualifying are quite good.
Have you ever dealt with a bankruptcy or repossession?
Getting a car loan after bankruptcy might not be a walk in the park, but it isn’t out of the question.
The good news is that Our auto loan partners can help you find loan companies who offer bankruptcy car loans near you.
Generally, the loan officer will expect several things from you:
• Make a Sizeable Down Payment
• Accept a High APR Rate
• All Bankruptcies Discharged
Here is a bank location in Ajax Ontario if you have good credit and need a car loan.
Harwood Banking Centre
CIBC Branch with ATM (Cash at ATM only)
104 Harwood Avenue South, Ajax, ON L1S 2H6
Get Directions or call their Phone (905)683-5871
Note: Cash accessible via ATM. For teller services not available at this location, please visit one of their nearby Banking Centres.
Banking Centre Hours (call them directly for updated banking centre hours)
Monday 9:30 AM – 5:00 PM
Tuesday 9:30 AM – 5:00 PM
Wednesday 9:30 AM – 5:00 PM
Thursday 9:30 AM – 7:00 PM
Friday 9:30 AM – 5:00 PM
Saturday 9:30 AM – 4:00 PM
For some people, getting their car loan with no credit check seems great.
Unfortunately, you need to think about several significant downsides:
• Outrageous Apr
• Aggressive Lending Practices
• Significant Down Payment Requirements
• Vehicles That Have High Mileage
Even when you have a low credit score, dealers may be able to help you find the auto loan you’re looking for without relying on your job is your credit financing.
Auto Loan Dealers and Companies in Ajax Ontario Canada
- Acura East located 250 Westney Road South, Ajax L1S 7P9 may have the right car loans for your credit history.
- Ajax Mazda has new car loans and used vehicle financing located at their dealership address 365 Bayly Street West, Ajax ON L1S6M3.
- Murad Auto Sales is a used car dealership and auto loan dealer located at 479 Bayly Street East, Ajax Ontario L1S4S7.
- Peleshok Auto Sales for used car loans located at 509 Bayly Street East, Ajax ON L1S 4S7.
- Prime Auto Sales may have cheap used car loans and financing options located at their address 264 Fairall Street, Ajax ON L1S 1R6.
- Star One Motor Company. 190 Westney Road South, Ajax L1S2C8
For fast auto loans approvals for Ajax Ontario, simply complete our online contact form and let us negotiate the best used car loan rates for you. Our service is 100% free and no obligation to purchase the vehicle from the dealer if you’re not satisfied.