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Bad Credit? Loan Denied? What Next?

Auto Loan Solutions provides Car Loans for people with Bad Credit, Good Credit, Bankruptcy, Consumer Proposals, New Immigrants, and more.

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The truth is, that many people with bad or no credit history may pay a higher than average interest rate for their car loan. Many feel locked into these loans, but there is a way to improve your circumstances over time.

First off, recognize an auto loan as a great tool to improve your credit. After 12 to 18 months, your credit score can improve, as long as you’re making your payments on time as well as all of your other bills and loans. To start, take a look at your budget, your debts and your income. Apply “15%” rule, if possible – that is, 15% of your income should go towards making car and insurance payments.

Once you’ve gained a better sense of your finances, you can proceed with your application to refinance for a new vehicle and interest rate. If you’re ready to apply and see how refinancing a vehicle can work for you, take a look at how our process works:

Refinance Your Your Vehicle in 5 Simple Steps:

  1. Contact Us
  2. We Do Full Vehicle Appraisal
  3. Work On Your Approval
  4. Select Your Next Vehicle
  5. Vehicle Delivered to Your Door

Ready to Apply? Click Here!

Whether you’ve already financed a vehicle and are looking to see if you qualify for refinancing at a lower interest rate, or if you’re a first-time bad credit car loan applicant, Auto Loan Solutions can help! Our Finance Managers are trained to handle all types of applications with credit challenges, and will work hard to get you the lowest interest rate possible.

Auto Loan Solutions has access to over 5000 new and used vehicles. If you’re ready for a new vehicle and a lower interest rate over time, apply with us today. Let us work with you to find a new reliable vehicle that meets all of your needs. If you’d like to trade in your vehicle, we have professional staff to appraise its value, which can then be used as a down payment towards the new vehicle (only vehicles with no outstanding liens are eligible).

Contact us today and one of our dedicated team members will be more than happy to assist you with your car loan refinancing questions. They will provide you with all the relevant information in order to make an informed decision regarding auto loan refinancing.

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Harvey was excellent to deal with, he kept us informed every step of the way. Very friendly! Richard was very friendly and personable. Explained every...

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Cindy/Jody W - January 8th, 2018 - Pembroke, ON
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First, I would to start off with thank you all very much for your help, especially Richard for all your help coming early to the office to help me fin...

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Nosrah I - January 10th, 2018 - Kitchener, ON
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Well, I must say the service received from Auto Loans was very satisfying. Ryan and Ray did their utmost best to find us what we wanted. We are very p...

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Reni/Natasha W - January 7th, 2018 - North York, ON
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Good to deal but slow delivery.

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Sandy M - January 3rd, 2018 - Lansdowne House, ON
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I very much enjoyed my experience with Auto Loan Solutions and Tai Balogun. This is my second vehicle I purchased and I would recommend them to anyone...

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Kelly H - January 13th, 2018 - Toronto, ON
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We loved the services that we received from the agency. If I had to do it all over again, I would. Pleasant people all around. I thank you so very muc...

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Victoria & Harvey - January 2nd, 2018 - Toronto, ON
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Alan went above and beyond. He took the time to deal all day. Great service. Five start service. The driver Bernadette was great, friendly, helpful ex...

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John H - January 15th, 2018 - Collingwood, ON
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All good.

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Allan K - January 4th, 2018 - St. Thomas, ON
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I am very pleased with the car I received. It was delivered at the time I was told and I was given a detailed explanation of the car's systems and fun...

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Alexander B - January 6th, 2018 - Pickering, ON
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God bless you for your help - we'll talk soon. [Richard] was good, on time and very helpful. Thank you.

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George S - January 12th, 2018 - Leamington, ON
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Scott was very helpful. We had a tiny mix-up but he fixed it within a timely manner. He got me the car I wanted. Richard was a great driver. He was in...

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Jaime L - January 9th, 2018 - Toronto, ON
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The service I was provided with was very great. My questions were all answered within a shot span of time and {they} found a vehicle I liked in a shor...

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Sonny T - January 1st, 2018 - Kapuskasing, ON