We are a Canadian auto lender with more than $125,000,000 in financed vehicles on the road as we speak. We make it easier for Canadian drivers to get an auto loan because, if necessary, we can bypass the banks and finance your car loan ourselves. Thanks to our success, we can use our own money. This means your chances of getting approved are higher with us than with literally anyone else.
Of course we can. Believe us … we’ve seen worse than your situation, and we’ve helped them out, too. We understand that sometimes things happen that can affect your credit in a negative way. Every situation is unique and we believe that everyone has the right to a second chance. After all, most of us have experienced a difficult financial situation at least once in our lives. We will do whatever we can to get you approved and on the road.
With good credit, you can be approved in a matter of minutes. With lower credit, the process can be a little longer. Sometimes it can take several days to assess your options. It’s all about finding the best car loan, tailored to your specific needs, at a rate you can afford.
Honestly, the process is different for everyone. If you have good credit, the process is fairly easy. All you need to do is fill out our basic credit application and you will be approved within a matter of minutes. After that, you could be signing paperwork for a new vehicle you love that same day!
If you have a lower credit score, the process can take a little bit longer. You could be required to provide additional information, such as proof of employment and income, proof of where you live, proof of past financial history, etc. All of this is normal, though. Don’t let the process discourage you. Just because it takes a little, that doesn’t mean we can’t get you approved. We actually put these other steps in place to help you get a car loan.
We'll only ask you a few simple questions during the process. By knowing where you live and a little bit about your financial history, we can help find the best possible fit for your specific financing needs. And by asking the right questions, we can determine where you will have the highest chance of being approved.
Most lenders don’t have the same resources that Go Finance does (meaning, $125 million of our own money to finance you even if the banks won’t). In addition to our own finance company, we work with other world-class financial institutions to give our customers access the best possible financing rates and widest variety of options. We’re talking TD Bank, RBC, Scotia Bank, Bank of Montreal, and more. In total, we work with more than 15 of the best lenders. And if none of them say yes, we still can (because of that $125 million we just talked about).
Yes. We report our loans monthly to the major credit rating suppliers in Canada, so your creditors know you have a car loan in good standing. If you make payments promptly and on time, an auto loan can help repair your credit.
Absolutely not. Our Credit Loan Application is a four-step, hassle free process that is free of charge. It takes less than five minutes and it won’t cost you a cent.
Your personal information remains your information. We will keep everything you provide us 100% confidential. We will not share or sell your personal information to any third parties.
Yes, provided you have sufficient credit.
Yes. In Alberta, most lenders require a minimum income of $1,850 per month, before taxes are deducted.
Rate is a direct reflection of your credit score. It can also be influenced by the amount of money you put down. Someone with established credit can expect to pay the lowest available rate, offered by either manufactures or by conventional banks. Established credit usually means you have had several credit cards, which you've made regular, timely payments on. It also means you have had no collections, judgments, foreclosures, bankruptcies or consumer proposals under bankruptcy.
The lower your credit rating is, the higher your interest rate will likely be. Since all lenders have different criteria, it's hard to accurately predict what credit score will correspond with what rate.