Bankruptcy closed a door. We have the key to the next one.
Whether you are discharged, still in a bankruptcy, or paying down a consumer proposal, there are lenders who work with exactly your situation. Getting a vehicle is often the first real step in rebuilding, and we know which lenders to send your file to.
What are you driving away in?
Pick a type. If you have a specific vehicle in mind, we’ll find it.
Where do we send your keys?
Name and phone is all we need to start.
Got two more minutes?
Fill this in and we call with a real plan instead of a list of questions.
Your actual role matters. It’s one of the first things a lender asks.
Count everything before deductions. Job, self employment, pension, support payments, side work.
You’re unlocked.
We have your details and we’ll be calling soon. No pressure, just a straight conversation about what will work.
Want to move even faster? Lenders usually ask for these first. None of it is required for a callback.
- A valid driver’s licence
- Your last two pay stubs, or another proof of income
- Registration for your trade in, if you have one
What changes depending on where you are
Your options depend on which stage you are in. Here is the general picture.
Discharged bankruptcy
Once you are discharged, many rebuilding lenders will consider you. The more time and on time payments since discharge, the better.
Still in bankruptcy
Some lenders will still work with you, but they may need written permission from your trustee first. We can walk you through that.
Consumer proposal
Being in an active proposal does not automatically rule you out. Lenders like to see your proposal payments made on time.
Proof of income
Pay stubs or other income proof matter even more here, since lenders lean on your income more than your file.
The honest part: rates after a bankruptcy or proposal are higher than prime, and the vehicle you can get right away may be more practical than your dream ride. That is normal and it does not last forever.
Make the payments on time and you can often trade up or refinance down the road with a much stronger file.
The vehicle and the loan, handled together.
Our own inventory, a network that finds what we don’t have, and lenders for every credit situation.
Our inventory
Cars, SUVs and trucks ready to go.
We find it
Tell us what you want and we track it down across Western Canada.
We fund it
Your file goes to the lenders that fit your situation.
What people in your spot usually ask.
Can I get a car loan while still in bankruptcy?
It can be possible. Some lenders will consider it, though they may require your trustee to give written consent first. Every situation is different.
How long after bankruptcy can I get a car loan?
Some lenders will consider you soon after discharge. Every lender sets its own rules, so the best step is to let us look at your situation.
Can I get financing during a consumer proposal?
Yes, it is often possible. Lenders generally want to see that your proposal payments are up to date.
Will a car loan help me rebuild after bankruptcy?
A loan paid on time is reported to the credit bureaus and is one of the common ways people rebuild their credit after bankruptcy.
Not quite your situation?
Pick the one that fits better.
Your key is closer than you think.
Two taps and a phone number. We’ll take it from there.