You need a car loan but think “I can’t get financing because I have bad credit. MrBargain.ca understands sometimes stuff happens, that’s why we help people like you every day get behind the wheel of a new used car.
Your first step in getting a car loan for bad credit is to APPLY. Providing MrBargain.ca the relevant information will enable a MrBargain.ca credit specialist to determine which lender best fit your currently credit status. Once your auto loan request has been received, and submitted to a lender, a credit decision from the lender follows in less than 2 hours and in some situation within 10 minutes.Assuming the lender has issued an approval for a bad credit car loan, a payment call will be given.
A “payment call” is the maximum payment you will qualify for. For example, the lender might give you a maximum payment call of $500. What this means is whichever vehicle you choose the monthly payments cannot exceed $500.Now the good stuff… picking your new used vehicle. Along with the vehicles listed on this site, MrBargain.ca has access to thousands of vehicle across Canada, so finding a vehicle that will match your life style should not be a problem. All our vehicle comes with a fresh vehicle inspection, complete detailing and a full tank of gas.
After finding your new used car, a MrBargain.ca credit specialist will call to discuss your repayment options. All documents are then signed at our office , or we can meet you at yours. The documents are then forwarded to the lender for final review.
Once the lender is satisfied, the vehicle is ready for delivery or pickup…