{"id":770177,"date":"2019-03-27T11:26:32","date_gmt":"2019-03-27T15:26:32","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?page_id=770177"},"modified":"2026-06-22T16:07:28","modified_gmt":"2026-06-22T20:07:28","slug":"bad-credit","status":"publish","type":"page","link":"https:\/\/www.finder.com\/ca\/car-loans\/bad-credit","title":{"rendered":"10 Best Bad & Fair Credit Car Loans"},"content":{"rendered":"

Need a car loan but have bad or fair credit? You have options. Keep reading for details of 10 of the best bad or fair credit auto loans in Canada. We\u2019ll also show how to get approved for a loan and what to watch out for before you sign on that dotted line.<\/p>

Just remember that no single car loan is best for everyone, so compare your options before applying.<\/p>

Best bad credit car loans in Canada<\/h3>
Bad credit car loan provider<\/th>APR<\/th>Loan term<\/th>Min. credit score<\/th>Eligibility requirements<\/th><\/th><\/tr><\/thead>
CarsFast<\/td>3.90% - 29.90%<\/span><\/td>12 - 96 months<\/td>300<\/td>Min. income of $2,000\/month, 3+ months employed<\/td>Go to site<\/a><\/td><\/tr>
Loans Canada<\/td>0% - 35%<\/span><\/td>3-60 months<\/td>300<\/td>Min. income of $1,800\/month, 3+ months employed<\/td>Go to site<\/a><\/td><\/tr>
Clutch<\/td>From 7.99%<\/span><\/td>24 - 96 months<\/td>580<\/td>3+ months employed; maximum 1 bankruptcy; only available in Ontario, New Brunswick and Nova Scotia<\/td>Go to site<\/a><\/td><\/tr>
Dealerhop<\/td>6.99% - 35%<\/span><\/td>12 - 96 months<\/td>300<\/td>Min. income of $3,000\/month, 3+ months employed<\/td>Go to site<\/a><\/td><\/tr>
Approval Genie<\/td>3.90% - 29.90%<\/span><\/td>12 - 84 months<\/td>300<\/td>Min. income of $2,000 \/month, 3+ months employed, Ontario only<\/td><\/td><\/tr>
TD<\/td>7.49% - 29.99%<\/span><\/td>Up to 84 months<\/td>Undisclosed<\/td>Steady valid income<\/td><\/td><\/tr>
Scotiabank<\/td>From approx. 7.49%<\/span><\/td>12 - 84 months<\/td>Undisclosed<\/td>Scotiabank does not list any eligibility requirements. Apply directly with the bank or by visiting a local car dealership<\/td><\/td><\/tr>
Canada Drives<\/td>Varies<\/td>12 - 96 months<\/td>400<\/td>Min. income of $1,800 \/month<\/td><\/td><\/tr>
iA Auto Finance<\/td>As low as 8.99%<\/span><\/td>Varies<\/td>Undisclosed<\/td>Steady valid income<\/td><\/td><\/tr>
Canada Auto Finance<\/td>4.90% - 29.95%<\/span><\/td>3 - 96 months<\/td>625<\/td>Min. income of $3,000\/month, 3+ months employed<\/td><\/td><\/tr><\/tbody><\/table>

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