FAQ

Yes EVERYONE IS APPROVED at Auto Loan Alberta. We can do this because have a network of lenders including private lenders so we are able to guarantee you are approved!

Everyone deserves a second chance so at Auto Loan Alberta with our network of lenders can get everyone approved. Buying a car is the best way to rebuild your credit.

Yes you can purchase a vehicle from Auto Loan Alberta if you are in another province. We can help you arrange shipping or you can come and pick it up and drive it home. Note you will require an inspection in the province you plan to register the vehicle.

Yes if you put down a deposit and then change your mind your deposit will be returned for you. A deposit will secure the vehicle you want so that we don’t sell it while you are thinking about it.

The rule of thumb from most financial institutions is to spend no more than 15% of your gross monthly income on your car payment. For example, if you make $2,000 a month you should spend no more than $300 on your car payment.

Your Credit Score is designed to help financial institutions predict the risk associated with your purchase of car, SUV or Truck. Essentially it is meant to forecast how (and if) you will pay your bills.

The higher your credit score, the better the interest rate will be. Other contributors to your credit score are:

• Timeliness of previous and current payments
• The length of your credit history
• The type and amount of your debts
• Your public records.

Our finance sources provide offers to accommodate most credit profiles. Even with past problems, you will still get the credit you need, the car you want, and respect you deserve at Auto Loan Alberta.

Yes we take all trades at a fair market price. Bring down your vehicle and we can give you a quote on the spot.

Financial Institutions typically take four major factors into account:

• Vehicle Specifics (Model, Style, Age, Mileage, and Cost)
• Application information such as income, time at current job, and time at residence
• Credit History

The major credit-reporting agencies below can provide you with information about your credit history. Both can provide you with a copy of your credit report, which includes your credit score. Contact them via the Internet or call toll free:
Equifax:

Web: www.equifax.ca
Toll-free number: (800) 465-7166
TransUnion:

Web: www.transunion.ca
Toll-free number: (800) 663-9980

Yes we offer a comprehensive used vehicle warranty from Global Warranty.