You May Qualify If You:
- Are 18 years of age or older
You must be a legal adult to enter into a financing agreement in Canada.
- Are a Canadian resident
You must currently live in Canada with a valid Canadian address.
- Have a stable source of income (employed or self-employed)
Lenders need to verify you can make monthly payments. Employment, self-employment, disability, or pension income all count.
- Have an active Canadian bank account
Required for loan disbursement and setting up automatic payments.
- Have valid contact information (phone and email)
Lenders need to reach you to discuss your application and finalize details.
- Can provide proof of income and residence
Typical documents include pay stubs, bank statements, utility bills, or lease agreements.
Good news: Bad credit, no credit, bankruptcy, and collections are accepted. We specialize in connecting Canadians with lenders who work with challenging credit situations.
You Do NOT Qualify If You:
- Are under 18 years of age
You must be a legal adult to qualify for auto financing.
- Live outside of Canada
Our lender network only serves Canadian residents.
- Have no source of income
Lenders require proof of income to approve financing.
- Do not have a Canadian bank account
A Canadian bank account is required for loan processing and payments.
- Are currently in active bankruptcy without discharge
You must have a bankruptcy discharge or be in a consumer proposal to qualify.
- Cannot provide valid contact information
Lenders need a working phone number and email to process your application.
Not Sure If You Qualify?
If you're unsure about your eligibility, you can still apply. Our team will review your situation and work with you to find the best financing options available. Every application is reviewed individually.
Common Eligibility Questions
Can I apply if I'm self-employed?
Yes! Self-employed income is accepted. You'll need to provide proof of income such as bank statements, tax returns, or business financial statements.
What if I have bad credit or no credit history?
We work with lenders who specialize in bad credit and no credit situations. Your credit score is just one factor—income stability and down payment also matter.
Can I apply if I'm on disability or receiving pension income?
Yes, disability and pension income are considered valid sources of income for auto financing.
Do I need a co-signer?
Not always. Many of our lenders approve applications without a co-signer. However, having a co-signer with good credit can improve your approval odds and potentially lower your interest rate.
What if I'm on a work permit or temporary resident?
Temporary residents with valid work permits may qualify if they meet all other requirements. Contact us to discuss your specific situation.
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