Getting the best bankruptcy auto loan in British Columbia is possible if you know where to look. Traditional lenders, such as banks and credit unions are not the best place to turn when you have bad credit. There are better alternatives to getting bankruptcy auto financing quickly and easily.
Why Banks and Credit Unions aren't Ideal for Bankruptcy Auto Loans
Banks and credit unions aren't the ideal place to obtain bankruptcy auto loans. They often charge high interest rates, require large down payments or will refuse to work with you unless you have perfect credit. You could spend all day driving around Victoria, Vancouver or Kelowna applying for loans, only to be rejected.
Although you may be able to get a loan through a bank or credit union, you are better off looking for lenders who work with bankruptcy clients in British Columbia. These lenders specialize in helping people with dented and scratched credit. They understand your situation, and want to help you rebuild your credit.
Online Bankruptcy Auto Finance Companies
One of the best places to get a loan is through bankruptcy auto finance companies, such as BankrutpcyAutoFinancing.com. We have a large network of lenders who can get you the best rates possible. They have helped thousands of people throughout Canada and the United States get the car financing they need.
Getting started is quick and easy. Simply fill out our online application to see how much you can borrow. One of our loan specialists will contact you with the options available to you.
Finding Your Next Vehicle in British Columbia
Once you are pre-approved, you can get to work finding your next vehicle in British Columbia. We'll match you with a dealer who can help you whether you need a car loan while in chapter 13 or after bankruptcy discharge. You'll be able to choose from a variety of cars, trucks, and SUVs that fit your budget and lifestyle.
Not only will you get a great vehicle, you'll be able to rebuild your credit at the same time. Our lenders report your on-time payments to the major credit bureaus. This will help raise your credit score and rebuild your credit over time.
Remember, we are not lawyers and cannot give legal advice. The situations discussed are only our experiences over the years and may vary with each customer.