No! At The Car Loan Lady, we specialize in helping people with all types of credit, including bad credit, no credit, bankruptcy, and missed payments. We believe your credit history doesn’t define you, and we work with a network of lenders to find the best financing options for your situation.

No, applying for a loan with The Car Loan Lady won’t affect your credit score. We offer a zero-obligation preapproval process so that you can explore your loan options without any impact on your credit.

To be eligible for a car loan, you need to meet a few basic requirements:

• Be a resident of Ontario.
• Provide proof of identity (e.g., driver’s license or passport).
• Provide proof of address (e.g., utility bill or lease agreement).
• Show proof of income (whether you're employed full-time, part-time, or self-employed).

Our team will review your situation and guide you through the process.

Our approval process is quick, with decisions often made in a matter of hours.

You can finance both new and used cars through us. Whether you're interested in a brand-new model or a reliable pre-owned vehicle, we can help you find suitable financing options.

Not at all. We are completely transparent and open with all the information needed up front. Our mission is to get you approved and to make this maybe even a fun experience for you!

Down payment requirements vary based on your loan and financial situation. In many cases, we can work with minimal or even no down payments, depending on the type of loan and vehicle. We’ll guide you through this as we review your options.

Absolutely! We understand that self-employment can present unique challenges, but we specialize in helping self-employed individuals get approved for car loans. All we need is proof of income, such as bank statements or tax returns, to show your ability to make payments.

If you miss a payment, it’s important to get in touch with us as soon as possible. We understand that life happens and are here to work with you to find a solution. We aim to help you stay on track with your payments and rebuild your credit.