| Loan amount<\/td> | $3,000 \u2013 $50,000<\/td><\/tr> |
| Loan term<\/td> | 3-60 months<\/td><\/tr> |
| Interest rate<\/td> | 0% - 35%<\/span><\/td><\/tr>| Fees<\/td> | Varies by lender<\/td><\/tr> | | Serviced provinces<\/td> | All provinces and territories<\/td><\/tr> | | Basic eligibility criteria<\/td> | Min. income of $1,800 \/month, 3+ months employed, min. credit score of 300<\/td><\/tr><\/tbody><\/table> Go to site<\/a><\/p>What we like about Loans Canada car loans<\/h3>- Easy application.<\/strong> You can apply for a loan from the comfort of your own home in a matter of minutes.<\/li>
- More choice.<\/strong> It\u2019s easy to compare quotes from multiple lenders and you\u2019ll only be matched with lenders who are willing to finance you.<\/li>
- Free service.<\/strong> Loans Canada is paid by the lenders that offer loans on the site so the service is free of charge for you.<\/li>
- Low APR financing.<\/strong> You may be eligible for financing rates as low as 0% APR if you meet certain criteria, such as having an excellent credit score.<\/li>
- Long terms.<\/strong> It\u2019s possible to qualify for a term lasting up to 5 years if you need help to bring down your monthly payments and don\u2019t mind paying more in interest.<\/li>
- Easy requirements.<\/strong> You should qualify if you\u2019re 18+ years old, live in Canada and have stable employment (with at least $1,800 monthly income).<\/li>
- Bad credit doesn\u2019t matter.<\/strong> You should be able to qualify for some loans even if you have bad credit or no credit history.<\/li><\/ul>
What to watch out for<\/h3>- Limited providers.<\/strong> You\u2019ll only be able to get quotes from affiliated providers with this service (which means you could miss out on great rates elsewhere).<\/li>
- Personal information required.<\/strong> You\u2019ll have to input sensitive information online that will be forwarded to the lenders you match with.<\/li>
- No online quotes.<\/strong> You\u2019ll be required to speak to a customer service representative over the phone to negotiate the terms for your Loans Canada Car Loans.<\/li>
- Not a direct lender. <\/b>Look elsewhere if you prefer to apply one direct lender.<\/li><\/ul>
Alternatives to Loans Canada car loans<\/h3>
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