Second Chance Financing
| Days | Hours |
| Monday | 9:00AM to 6:00PM |
| Tuesday | 9:00AM to 6:00PM |
| Wednesday | 9:00AM to 6:00PM |
| Thursday | 9:00AM to 6:00PM |
| Friday | 9:00AM to 6:00PM |
| Saturday | 9:00AM to 6:00PM |
| Sunday | Closed |
Financing With Bad Credit or No Credit in Nanaimo
Being declined once is not the end of it. A declined application is one lender's answer at one moment, and lenders differ enormously in what they accept. Drivers turned down at their own bank are approved through dealership financing regularly, because a dealership submits to a wider range of lenders than any single branch.
Credit Situations We Work With
- Bankruptcy, discharged or in progress
- Consumer proposals, active or completed
- Collections, missed payments or a past repossession
- Divorce or a change in household income
- No credit history at all, whether new to Canada or simply young
- Self-employment or income that does not look conventional on paper
What Lenders Look at Besides Your Score
Stable income and time in your current job carry more weight than the score itself. A down payment, even a modest one, changes what is available. Housing stability helps, and choosing a realistic vehicle helps most of all.
Tell Us the Whole Situation
Holding something back reliably sinks these applications, because it always surfaces. An application can be built around a known problem, but not around a surprise.
Rebuilding Your Credit
A vehicle loan is installment credit with a fixed schedule, which is one of the stronger things a damaged credit file can carry. A year or two of payments made on time tends to change what a lender will offer next, often enough to refinance the same vehicle at a better rate partway through the term.
What to Bring
Recent pay stubs or notices of assessment, proof of address, a valid driver's licence, and details of any bankruptcy or consumer proposal including the discharge date.
Apply Confidentially
Apply for financing online and note your situation in the comments, or contact us by calling 1-250-758-7311 and ask for the finance office. The conversation is private and does not happen on the showroom floor.
