When you apply for a loan through our partner network, you benefit from being matched with the best debt consolidation loan solution and lender in order to best suit you and your needs. The algorithm takes into consideration your location and the information you provide such as your income, and credit score in order to find the best match for you. Once a lender has been recommended for you, a simple application is usually required. Sometimes, the lender will require proof of employment and identification, but not always. Once you have provided all of the necessary documentation, it will be determined whether or not you qualify. If approved, most lenders will transfer the funds directly into your bank account. In many cases, this may happen in a matter of hours. More benefits to a debt consolidation solution are:
Start the Process
- Fast approvals
- Applying is FREE and there is no obligation
- Re-establish your credit
- Many options for affordable auto financing
- Apply once, get multiple options
- Get back on the road quickly
Our Simple Process
When you apply for a car loan through our partner network, you’re triggering an electronic process to automatically connect yourself with lenders across Canada who specialize in car loans. As you continue through the no-obligation, completely free application process, you are further helping the technology understand which car loan lenders will be available to you based on your income, budget, area of residence, credit rating and even the type of car you desire. It’s that simple.
Is a Car Loan Right for Me?
Making the decision to take on a car loan is widely dependent on your existing financial situation. If you are struggling to make ends meet, it may not be the best option as there are other ways to commute. But, if you have decent credit and are able to secure a lower interest rate, it may make sense. Even if you are in a good credit situation and can’t afford a downpayment, it can still work. Always consider the interest rates as they rate you will be charged is based on your credit score.