Bad Credit? No Problem.

Get Approved for a Car Loan in Ontario

We specialize in helping Canadians with bad credit, poor credit, or no credit get behind the wheel. Fast decisions. Flexible terms. Rebuild your credit while you drive.

Real Approval Decisions From Canadian Lenders
Fast Decisions
One Application, Best Dealer Match

Why Choose ConsumerAuto for Bad Credit Financing?

We Work With All Credit Situations

Bad credit, no credit, bankruptcy, consumer proposal, or collections—we work with Canadian lenders who specialize in helping people in your situation. If you have income and a valid license, we'll do our best to find you an approval.

Rebuild Your Credit

Every payment you make is reported to credit bureaus. Our bad credit car loans are designed to help you rebuild your credit score while driving the car you need.

Fast & Easy Process

Get approved in minutes, not days. Our streamlined application takes 2 minutes to complete, and you'll receive a same-day decision. Drive away today!

How Bad Credit Auto Financing Works

1

Apply Online in 2 Minutes

Fill out our simple application form. We match you to the best dealer for your situation from our network of 100+ dealers - typically a small, temporary impact on your credit score.

2

Get Instant Pre-Approval

Receive your approval decision within minutes. We'll match you with the best financing options for your situation.

3

Choose Your Vehicle

Browse our inventory of quality used cars or bring your own. We work with all major dealerships across Ontario.

4

Drive Away Today

Complete the paperwork and drive away in your new car. Start rebuilding your credit with every payment!

Bad Credit Payment Calculator

See exactly what you can afford based on your credit situation

Estimates shown for educational purposes only. Final approvals and rates are determined by the lender.

$15,000
$5,000$40,000
$2,000
$0$10,000
550
300 (Poor)650 (Fair)
60 months
24 months84 months

Your Estimated Monthly Payment

$309

per month for 60 months

Interest Rate

14.99%

APR

Loan Amount

$13,000

Principal

Total Interest

$5,552

Over 60 months

Total Cost

$18,552

All payments

Credit Score Improvement

After 5 years of on-time payments, your credit score could improve by 120+ points, reaching approximately 670!

Get Pre-Approved Now

Important: Rates and terms are estimates for educational purposes only. Actual rates may vary based on your complete financial profile and lender underwriting.

Example Scenario 1

500 Credit Score

$15,000 vehicle, $2,000 down, 60 months
→ $344/month

Example Scenario 2

550 Credit Score

$20,000 vehicle, $3,000 down, 60 months
→ $422/month

Example Scenario 3

600 Credit Score

$26,500 vehicle, $4,000 down, 60 months
→ $535/month

Example Scenario 4

525 Credit Score

$20,000 vehicle, $0 down, 60 months
→ $486/month

We Approve ALL Credit Situations

Bad Credit
No Credit History
Bankruptcy (Discharged or Active)
Consumer Proposal
Collections & Judgments
Repossession
Low Credit Score (Below 600)
Self-Employed / New to Canada
Previous Auto Loan Default

Frequently Asked Questions

Can I really get approved with bad credit?

Yes! We guarantee approval for all credit situations. As long as you have a valid driver's license, proof of income, and can afford the monthly payment, you will be approved.

Will applying hurt my credit score?

No. Our initial application does not require a hard credit check. We only perform a soft inquiry that does not impact your credit score. A hard check is only done after you accept an offer.

What interest rates can I expect?

Interest rates vary based on your individual situation, but we work hard to get you the best rate possible. Our bad credit rates typically range from 9.99% to 19.99% APR. As you make on-time payments and rebuild your credit, you can refinance to a lower rate.

How much do I need for a down payment?

Down payment requirements vary, but we offer options as low as $0 down for qualified applicants. A larger down payment can help reduce your monthly payments and interest rate.

How long does the approval process take?

Most applications are approved within minutes. Once approved, you can often drive away the same day or within 24-48 hours depending on vehicle availability.

Important Disclaimer

Rates vary based on credit profile, vehicle age, and other factors. Advertised rates may not be available to all applicants. Final approval and terms are determined by the lender based on your individual situation, including credit history, income, down payment, vehicle selection, and loan term. All financing is subject to lender approval.

Ready to Get Approved?

Don't let bad credit hold you back. Submit one application and get matched to local dealers who specialize in helping people in your situation.

Apply Now - Get Real Approval Decisions

Or call us: 1-888-660-8663