Bad Credit Car Loans Nova Scotia

The only predictability about life is that it is unpredictable. Bankruptcy, divorce, recession, missed payments, bills in collection, low payment, and repossessions can all negatively affect your credit score. Once you have bad credit, a potential lender will tend to consider you a high-risk investment and decline to help you with your auto financing.

At 902 Auto Sales, we work with our clients no matter how low their credit may be or where their target price range falls. We know that bad credit car loans are easy to set up as they are similar to a regular auto loan, but with adjustments made based on your credit.

Be advised that the APR (annual percentage rate) is typically higher on a bad credit auto loan, meaning that you will have to pay higher interest rates in comparison to clients with good credit. Subprime loans also come with higher interest rates but they are another available avenue for qualifying clients in Halifax and Nova Scotia. Bad credit does not need to stop you from obtaining a new vehicle with a price tag you can afford.

902 Auto Sales in Nova Scotia wants to help you improve your credit and financing prospects. We offer our clients the option to apply for our cashback program. This service helps our clients by lending them money to assist in paying off their bills, so they can refinance their vehicle or get a new car from a higher price tier.

Even with your bad credit ratings and less than stellar credit history, you can still qualify for a car loan with 902 Auto Sales in Nova Scotia, Canada.

Auto loans allow you to drive off the lot with a new vehicle within hours of applying for it and pay back the loan when you are monetarily able with monthly payments, plus interest. Auto loans are backed by collateral (something pledged to be forfeited if the borrower defaults on the loan). Your new vehicle is the collateral in an auto loan.

902 Auto Sales in Nova Scotia, Canada, specializes in bad credit car loans or even no credit at all car loans. When working with lenders, we will endeavor to have your credit performance evaluated by various means such as your phone or utility bills payment history. Our affiliation with major banks and financial lenders in Nova Scotia and Halifax allows us to offer our clients quality service and a plethora of car loan options at a reasonable price, all while guaranteeing low used car financing rates.

Even with your bad credit ratings and less than stellar credit history, you can still qualify for a car loan with 902 Auto Sales in Nova Scotia, Canada.

Auto loans allow you to drive off the lot with a new vehicle within hours of applying for it and pay back the loan when you are monetarily able with monthly payments, plus interest. Auto loans are backed by collateral (something pledged to be forfeited if the borrower defaults on the loan). Your new vehicle is the collateral in an auto loan.

902 Auto Sales in Nova Scotia, Canada, specializes in bad credit car loans or even no credit at all car loans. When working with lenders, we will endeavor to have your credit performance evaluated by various means such as your phone or utility bills payment history. Our affiliation with major banks and financial lenders in Nova Scotia and Halifax allows us to offer our clients quality service and a plethora of car loan options at a reasonable price, all while guaranteeing low used car financing rates.

Your credit score is based on steady timely payments. To improve your bad credit score, you need to prove to lenders that you are a responsible risk who is capable of managing a loan. Plan to make on-time payments for at least a year to see a positive difference in your credit score.

Other steps you can take to improve your bad credit include:

• Make at least the minimum payments on your overdue loans. Prove that you are trying your best to catch up and that you are worthy of your second chance.
• Know your credit score. Research options for viewing your credit score for free, such as certain banking apps which also provide tips for improvement. Be forewarned that requesting to view your score too many times in a specific time period can result in you losing points.
• Save for a down payment (initial payment made when something is bought on credit), as this will ultimately lower your loan amount.
• Stick to your budget! Just because a luxury vehicle is offered to you does not mean that it is the best choice for the here and now. Get a car that fits within your budgeted price point; save today and be financially free tomorrow.
• Make your payments right on time! Write the due dates down in your bullet journal or save them to your digital calendar with timed reminders. Use whichever method you need to ensure that you pay your auto loan on time and at full price when it is due.

Our financial sales consultants in Nova Scotia are happy to assist you with taking out bad credit car loans. Once you begin to make consistent payments on your car loans, your bad credit rating will improve.

902 Auto Sales in Nova Scotia, Canada offers bad credit car loans for new and pre-owned vehicles such as:

• Cars
• Trucks
• SUVs
• Vans

Choose from one of our various makes and models including Hyundai, Ford, Jeep, and Mercedes Benz, etc. depending on which price fits your budget. Our cars will be delivered straight to your doorstep with a full tank of gas. No matter whether you want a bad credit car loan for new vehicles or used cars, we will make certain that your vehicle is what you need: reliable, price range-friendly, and functional.

Get started with your vehicle financing by:

• Going through the application process for auto loans by filling out an online form.
• Contacting one of our expert sales consultants at 902-406-6224.
• Collaborating with our sales consultants to decide upon an ideal price point and finance plan, suited for your circumstance.

Going for a test drive is as easy as browsing our large online inventory and completing the application process. You will be back on the Nova Scotia roads, with a vehicle of your choice, in no time!

The financial sales consultants at 902 Auto Sales in Nova Scotia, Canada, are ready to help you by lending you money, setting up an easy sustainable payment plan, and giving you a wide selection of vehicles within your price range to choose from. If you already have a loan with us, our comprehensive service includes reducing your interest rate, refinancing your loan, and/or adjusting your contract, etc.

Having a bad credit rating, a slow payment history, or no credit history does not have to hinder your search for a new vehicle with an affordable price sticker any longer. Unforeseeable events and unplanned economic emergencies do not have to define you. The qualified staff of 902 Auto Sales in Nova Scotia, Canada will help you apply for the best- individualized service plan to get you approved for auto loans, despite your bad credit.

You are on the way to being equipped with the tools you need to drive your new vehicle into a better future. We offer an easy online application process for potential clients in the Dartmouth and Halifax areas. Call 902-406-6224 to get pre-approved and apply for your auto loan today!

Non-Residents and Recent Immigrants need to present some essential documents for an auto loan application. The most important piece of document would be a Canadian Driver’s License. You would also need to provide your visa or immigration documents that indicate your type of residency and the duration of your stay (if you are residing in Canada temporarily. It’s important to note that the loan term must end three months prior to your visa expiration date, as financial institutions will not lend you money based on future possibilities of extending your visa. It’s much easier to get a car loan if you’re a permanent resident in Canada or if you’re on a work visa with a sponsored employer.  

Your credit health is improved by paying your utility and credit card bills on time and setting up auto-payments for loans and rents. If you have not developed a credit background yet, it’s alright. 902 Auto helps you develop a good credit through proper financial advice. Our financial consults not only help you get an auto loan, but they also help you develop a good credit history that benefits you in the long run for any kind of loan application. Check your eligibility with our quick pre-approval quiz, and one of our consultants will reach out to help you choose your car.