Bankruptcy
Bankruptcy is a tough decision and one that can impact your finances and personal life for many years. The loss of a previous vehicle can have a devastating effect if you are forced to move, loose your job if you are unable to find reliable transportation or not allow you to fulfill family commitments. We recognize how important having a dependable vehicle can be.
While many traditional lenders will not finance someone with a bankruptcy, especially an undischarged one, our team will work with you to get the guaranteed approval you need. We know how important a quick approval is when your income may be impacted by not having a reliable vehicle – especially if you need to make payments. Our team is experienced in getting customers in bankruptcy situations approved quickly and into a certified used vehicle. Customers in British Columbia, Saskatchewan and Alberta are eligible for our bankruptcy car loans. Let Car Corner help you take a positive step towards a better financial future and get you into a quality used vehicle today.
Undischarged Bankruptcy
Customers who are still in bankruptcy will need to have approval from their Trustee before we can work with them to finance a used vehicle. Trustees may approve financing for specific situations where your ability to continue to earn an income will be impacted without a reliable vehicle. This is particularly true for self-employed individuals or those who work in the trades and need a vehicle to get to job sites. Speak to your trustee about your options. Many are willing to make special considerations for auto loans if you can prove why you need to purchase a vehicle. If you do qualify for special financing consideration we look forward to working with you to find a great used vehicle and helping you to rebuild your credit.
Discharged Bankruptcy
Let’s face it – bankruptcy makes a mess of your finances. But it doesn’t have to follow you around for the rest of your life. Once you have been discharged from your bankruptcy, you will want to start rebuilding your credit as fast as possible. This includes making all your payments on time and using credit responsibly. It is a chance for a fresh start. At Car Corner, we understand your situation. Our team will work to get you approved for a quality used vehicle at the best possible rates. Once you have established a history of good payments with us, we will look at lowering your rates even further or adjusting the term of your auto loan. Every payment you make will be reported to the credit bureaus and will help to start the process of rebuilding your credit score. We regularly help customers who have been through a bankruptcy and recognize that each situation is unique. We will work with you to find a vehicle and payment plan that is right for you.
Contact us today to discuss your options, browse our large online inventory or complete our simple and secure online application to get your pre-approval today.
