Frequently Asked Questions

If you have some questions about auto loan or our you will find the answers here. Please feel free to contact us if you can’t find the answer here.

1. How do I know if I can qualify for a loan to purchase a vehicle?
2. Does buying a pre-owned vehicle really help me reestablish my credit?
3. Are there any hidden fees or service charges for application?
4. How long the loan process will take?
5. Is my privacy protected?
6. Why do you need my Social Insurance Number?

1. How do I know if I can qualify for a loan to purchase a vehicle?

If you have a job that can be verified, and if you are not currently involved in a bankruptcy, than your loan application is virtually approved.




2. Does buying a pre-owned vehicle really help me reestablish my credit?

Yes, when checking with the credit bureau, many lending institutions look at automobile loans closer than any other type of loan (other than home loans) to verify your credit standing. Secured credit cards are no help at all–you are really borrowing your own money with the glory of having a piece of plastic in your wallet. Buying a car from a “buy here, pay here” lot that does not report to the credit reporting agency is simply not very smart because it does not help your credit record at all.





3. Are there any hidden fees or service charges for application?

There is absolutely no cost to fill out an application. You can fillout and application without paying anything or risking anything.





4. How long the loan process will take?

Most of customers are contacted within few hours after receiving application. We have the ability to get you behind the wheel the same day you apply!





5. Is my privacy protected?

Absolutely. We understands that privacy concerns are of up most importance when it comes to the the use of your personal information. We would like to assure you that we are committed to protecting your personal privacy. Please read our privacy policy for more detailed information.





6. Why do you need my Social Insurance Number?

Your social insurance number is required for the lender to be able to perform a credit check in order to determine what type of financing you qualify for. This information is used only for the purpose of determining a credit score for the applicant, and is not used for any other purpose or shared with any third parties other than the lender that your profile is assigned to.