Ontario's Largest Specialty Auto Loan Company
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Low Car Loan Interest Rates

Having bad or no credit doesn’t have to stop you from getting an auto loan approval. Interest rates in Ontario vary based on the applicant’s credit history, but having bad or no credit doesn’t automatically disqualify you from getting a good interest rate on your car loan. Make sure you choose a reputable auto loan company with a proven track record of getting its bad or no credit car loan customers the best interest rate possible for a safe and reliable vehicle.

The interest rate for a new car can be as low as 0% and rates typically start at 4.9% for used vehicles. For those individuals with bad or no credit looking for a car loan, interest rates will generally start higher than 4.9%. However, many customers are able to refinance their auto loan at a prime rate after 12 to 18 months of on-time car loan payments. This excludes customers who have additional reports of damaging activity on their credit bureau.

Customers who have filed for bankruptcy, a consumer proposal or any other debt relief program can also expect a higher than average interest rate, because they’re deemed to be “high risk” according to lenders. Even though your initial interest rate may be higher, we’ll ensure that the car loan payments are manageable, so you won’t miss any payments and will be able to rebuild your credit faster.

Auto Loan Solutions is an established auto loan company, specializing in getting bad or no credit customers the lowest possible interest rates from the start. Our friendly staff will work with you every step of the way to ensure your new car loan meets your needs and fits within your budget. If you’d like to estimate your monthly or bi-weekly car loan payments, please use our car loan calculator.

If you have any questions regarding bad or no credit car loan interest rates, contact us to see how our Finance Managers can help you get approved for a great car loan at a low interest rate today.

 

trust-auto-loan-solutions

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On time and very nice guys.

Ginette B - April 17th, 2017 - Barrie, ON

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Excellent customer service. I am satisfied.

Sagal E - April 11th, 2017 - Scarborough, ON

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Your service gentlemen! Mike was very warm and welcoming. He is very knowledgeable of the details of the car we are buying. He is quite enthusiastic about his position and has a wonderful personality. Mike explained all the financial business of all the paper work. If I would refer Humberview, I would hope that you would send a gentleman like Mike to explain all details.

Antonio R - March 27, 2017 - Bradford, ON

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We had a great experience purchasing our car. Adrian and Sunny are the best, very helpful and patient. Our questions and concerns were always answered on time. We will highly recommend Auto Loan Solutions to our family and friends. Thank you so much guys, once again.

Christopher B - April 20th, 2017 - Brampton, ON

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The delivery was great! The guys were friendly and on time. Happy to have them on [the] next purchase.

Chris S - April 14th, 2017 - Peterborough, ON

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It went good, they explained everything neatly while they delivered it.

Sid W - April 19th, 2017 - Toronto, ON

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Excellent service.

Reta/Scott V - March 25th, 2017 - Owen Sound, ON

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Everything from the 1st phone call all the way to the delivery was superb!

Chastity C - March 31st, 2017 - Windsor, ON

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Very impressed with Ron & Adrian. This was the best experience buying a vehicle. Stress free and so much help. We will definitely recommend this service and refer many people.

Charles D - March 30th, 2017 - Sarnia, ON

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It was an overall great experience. Vehicle was delivered on time. Very happy with the service. Will recommend to friends and family. Thanks again.

Mitchell W - March 26th, 2017 - Aurora, ON

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I had good dealings with Scott and [a] good delivery guy.

Tammy K - April 18th, 2017 - Campbellford, ON

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Keep up the good work, you rock!

Natalee P - April 13th, 2017 - Toronto, ON

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