Category Archives: Auto Loans Canada-General

opinions and posts related to car loans, auto loans, bad credit car loans, good credit car loans, car dealer auto loans, everyone approved car loans, etc.

Bad credit car loan application

When filing out a bad credit car loan application their are some main points to remember. Most of the time lenders will require your last 2 years of residence and last 2 years of employment. Another important point when filing out a bad credit auto loan is whether you are looking for a                      self employed car loan approval, sub-contracted car loan approval, Full time car loan approval, seasonal, or part time car loan approval . A lender will need to know which employment you fall under in order to proceed with the application. A Full Time employee will have regular taxes taken off their cheque, a self-employed person will do their own taxes and have their own corporation, a sub-contracted employee will be working for a company but responsible for their own taxes, a seasonal employee is a person that works for part of the season and collects EI on the off season. Also, when filing out a bad credit car loan Calgary the lender would benefit from knowing who you currently bank with. The more information supplied to the lender when filing out a bad credit auto loan application the easier it is for the lender to make an informed decision. Remember it is not mandatory to supply your SIN # when filing out an application for a bad credit auto loan . Their are some         bad credit car loan car dealers that can get you a car loan results in under 1 hour if all the proper information is supplied up front.

Just my 2 Cents

-M

Mark

Mark