An Auto Loan Centre FAQ
Some vehicle financing institutions can be incredibly stressful to work with, but here at Auto Loan Centre, we firmly believe that customers should never be stressed. Instead, they should be relaxed, comfortable, and happy. We’ve put together a list of our commonly asked questions. Hopefully, with this information easily accessible, that stress that many feel will subside to the point of it being non-existent. If there are any questions that you have that you can’t find below, please feel free to contact us by telephone or by coming directly to our offices.
Here at Auto Loan Centre, we don’t discriminate against particular economic stature or background. You could have great credit, moderate credit, bad credit, and even no credit at all, and you’ll still get great financing options! Your credit rate simply does not matter. We prefer not to judge our customers on trivial things, but rather give them the rates that fit within their budget. Our primary goal is the promotion of customer success, after all, the customer is always right! Please note that regardless of whether the car you are purchasing is new or used, the Auto Loan Centre accepts all and provides financing options to both courses of action.
If this is your first time applying for financing, or if you have applied for financing in the past but things didn’t go so well, you may be intimated. However, it’s actually a lot more simple than people initially believe. First, you’ll need to pick your vehicle of course. Once you’ve found your vehicle, you’ll submit your very own financing application through our website. Within several minutes you can expect your financing application to be complete. Once your application is complete, your file will be set up, and one of our in house consultants will set up a meeting to finalize the financing agreements. All that’ll be left to do is drive away in your dream car!
The information on the application is all very basic, but all very necessary. On the application, you’ll be prompted to list the cost of the vehicle. Additional questions are about the mileage, the condition, the make, model, and year, as well as the VIN number and your new or owned plate numbers. Keep your credit rating information (if available) when finalizing the agreements for you may be able to get an even better deal with a phenomenal credit score!
Credit scores essentially describe how reliable you are at paying back borrowed money. An excellent example is the credit card that most people use daily. By making the payments regularly and on time, your credit score goes up! If you miss payments, your credit score goes down!
Your credit score is listed as a number between 350 and 800. For more information on your credit score, please refer to your bank.
Your monthly rates depend on what you and our service representatives agree on! They, of course, will also take into account the Annual Percentage Rate, otherwise known as APR.
All passenger type vehicles are eligible for financing. See below for a list of eligible vehicle types.
- Light-duty pickup trucks
- Mid-size pickup trucks
- Compact pickup trucks
- Some heavy-duty pickup trucks (Contact us for more information)
- Vans
- Minivans
- Compact Cars, SUVs, and Crossovers
- Full-Size SUVs
- Some Motorcycles (Contact us for more information)
- Full-Size Sedans
- Coupes
If you don’t see the type of vehicle you wish to insure, please contact us and we will gladly check if the vehicle you want or have purchased is eligible for financing.
If you don’t find your question on this page, feel free to contact us today for a consultation.