frequently asked questions
Q: Can I get approved if I am currently in bankruptcy or a proposal?
A: Yes. Absolutely. We have lenders who specialize in just your situation and provide loans with competitive rates for clients who are currently in bankruptcy or a proposal.
Q: Can I get approved if I cannot prove my income, or I am self employed?
A: Yes. Many lenders understand that some jobs such as contractors, or self-employed individuals cannot prove their income.
Q: My credit is very bad, and I have been turned down elsewhere. What can I do?
A: We have the experience to help. As long as you have the income to support a loan, we will have a way to help. We will work with you to get you approved. We want your business.
Q: How can I improve my credit?
A: A well paid car loan is a great way to improve your credit. One of our experienced finance professionals can sit with you and discuss your current situation and ways you can improve it. All at no charge and with no commitment.
Q: How does the 0% work?
A: Take the price, add the tax, divide by 60 and there is your payment! For every $10000 plus tax you spend on a vehicle you will save $1800 in interest compared to 4.99% interest. We can pre-approve you for 0%.
Q: What are your rates?
A: Our rates start at 3.99%. Autosonline.ca will pre-approve you and advise you of the terms before selecting a vehicle but interest rates vary by applicant between 3.99% and 29.99%.
Q: Are there any fees or charges?
A: There is no charge and no obligation to apply. Car Loans are subject to some fees which are disclosed to you as part of the Actual Interest Rate when concluding a sale.