Filing for Bankruptcy does not mean you cannot get a Car Loan. By Applying to Car Nation Canada today, our Financial Specialists will begin the process of getting you into a new vehicle. Car Nation Canada is here to help you by rebuilding your credit. Many people think that applying for bankruptcy means that you cannot get a loan again. We will not stop at anything to get you what you deserve. Rebuilding your credit with a car loan is one of the best ways to rebuild your credit rating. It will only take you minutes to fill out our free secure on line credit application.
Buying a Car After Bankruptcy
1.Â Â Â Be sure to close up all loose ends. If you owe small amounts, it is better to take care of them and pay them off first. This way it does not affect your credit score.
2.Â Â Â Sit down and figure out what you can afford to pay for a vehicle every month without making yourself short.
3.Â Â Â We will get you an interest rate of 0 – 29.9% OAC.
After a year and a half to 2 years bring your vehicle back, and we will put you into a different vehicle of your choice. Within the 2 years of you having a Car Loan you need to make all payments on time, with no exceptions. In doing so you will be on your way to rebuilding your credit.