911 Auto Loans

Does it cost me anything to fill out this application?
No! There is no cost to fill out our online car loan application. There is no risk or cost to you.

What if my credit is really bad?
Sometimes things happen in life that affects our credit in a negative way. We understand that every person and every situation is unique. We believe everybody deserves a second chance. Most of us have experienced hard times leading to a low credit score but that does not make us bad people! No matter what your credit situation is, we will find a way to get you an auto loan!

If I apply – does that hurt my credit?
When you apply for any loan it does affect your credit rating. Some companies will send your application to all of the banks “hoping” one will approve you. This means your credit is pulled 5-10 times which is not good! We do not do this! After carefully reviewing your information, we contact you, find out the details of what has happened in the past so as to submit you to a auto finance lender that will approve you!

What happens to my information?
Immediately after you fill out your car loan application, we receive an email informing us you have done so. We review your application carefully and present it to the auto finance lender whom is most likely to extend you credit in your situation. We never pull your credit report before contacting you and discussing all options.

Other lenders have turned me down.
If you have been turned down before do not despair. We have lenders that can deal with any situation. We cannot guarantee terms and conditions but we will explain what you need to do to get approved. In every case, we will guide you and explain what you need to get approved.

Your Information is 100% Private!
We do not share your personal information with anybody! We are not in the business of selling or sharing your personal information with any other firm or entity.

How much do I qualify for?
Once you send in your credit application we can determine what amount you can qualify for.

How much of a down payment will I need?
That depends on what you would like your down payment to be. The more money down the less your payment will be.

Can I use my trade for a down payment?
Yes.

What type of vehicle can I purchase?
That depends on what amount the financial institution approves you for.

What determines my auto loan interest rate?
Interest rates are set according to the current condition of your credit. Banks use a credit rating score to determine APR to be set for your auto loan. The credit rating score is normally referred to as FICO or Beacon score. Prime borrowing is usually a score above "630", and interest rates for a prime customer are generally 9.99% and lower. A score between "300 and 629" is considered “special finance” or “subprime”. Subprime lending rates will usually fall between 10% and 29.5% depending on your score and present personal circumstances such as owning a home and time at current position.

Can I put Zero Down?
Your present credit situation will determine the need for a down payment. The general rule is Prime buyers with good credit qualify for zero down financing. Subprime buyers generally should have at least $500 or 5% down and yes, trade-ins count as a down payment. It is always wise to be prepared to have a down payment and then be pleasantly surprised when one is not required.

What do I need to apply?
You must be at least 18 years old. Have a valid Ontario Drivers License or a co-signor with one.
Gross monthly income of $1200 per month (Minimum).