If you are looking for a car loan in Ontario, then it’s important that you are aware that the process of getting a car loan can be simple, but it’s not as simple as walking into a dealership, asking for a loan, and walking out with exactly the loan you want and exactly the car you’d been dreaming of. While it would be great it getting a car loan were that hands-free and easy, there are a few things you’ll need to do in order to get the right car loan at the right time.

First, you’ll need to complete a credit application. In order to complete this application, you’ll need to have some basic personal information on hand, including your current address, employer information (if applicable). You’ll need to complete the credit application as completely as possible.

Once you complete this credit application, our credit specialists at Get A Car Loan Today will review the application in order to determine what kind of loan you may qualify for. Therefore, the information that you include on the application is important – especially your identification information, such as your income.

We will also run a credit check using you contact information. This credit check will give us more information about your credit history and your credit score. Using this credit history and credit score, we will be able to determine your loan rate with better accuracy. For example, if you have a good credit score, you might get a lower loan interest rate than someone with a low credit score.

After we review your paperwork and draw up some initial loan estimates, we’ll meet with you to discuss your options and needs. We might ask about your current work or plans for the future. Using this information, we’ll be able to customize a loan program that will specifically suit your needs and make it even more possible for you to afford the right kind of loan for the car you love.

We will then show you the cars on our lot that match the price that you will be able to easily afford with the loan program we develop for you. Our goal is to give you as many options as possible so that you can get the best possible loan and arrangement for your overall needs.

Contact us today to learn more about our car loans or to apply for your car financing today.