A new car loans bank has been set up to exclusively help people who have found it difficult to obtain financing for their new car purchase.

The Car Loans Bank which will specialise in Edmonton Car Loans will give people the chance to get the car they really want in spite of their credit history.

Many customers have bad credit through no fault of their own, which means it can be extremely difficult and frustrating when it comes to finding auto financing. Quite often, people who have late payments or a default in their credit history will be told by dealerships and lenders that they don’t qualify for the financing because of their credit score. The Car Loans Bank, however, which has been set up to supply Edmonton car loans, aims to supply people with the financing they require no matter what their credit history is.

Low credit scores considered

As a specialist in finance, the Car Loans Bank aims to use their expertise and work with trusted lenders to find a suitable product for all their clients. Customers searching for Edmonton bad credit car loans, perhaps because they have been turned down in the past, will find that the Car Loans Bank will take their application into consideration and find them a product that will suit their needs.

Ending frustration

A car loan from the Car Loan Bank will mean customers can avoid the frustration that usually goes with being denied finance. This is because they will be able to have their car financing approved before they go shopping for their new car. It means clients will have access to financing regardless of their credit profile, cutting out the need for customers to go from dealership to dealership only to be turned down.

No need for traditional lenders

The Car Loans Bank are using their experience in credit to allow customers throughout Edmonton to take steps towards the car of their dreams. There are plenty of elements that can contribute towards having a bad credit score, and a lot of traditional lenders will usually consider any person with a bad score to be ‘high risk’.

A high risk score means traditional lenders such as credit unions and local banks will deny an application for car financing. The Car Loans Bank, however, aims to provide finance to people who have perhaps had applications turned down in the past. 

A spokesperson for the Car Loans Bank said “We want to help people who have perhaps been turned down for finance in the past towards their next car. Being denied a car loan by a credit union or a bank no longer means a car is out of reach. At the Car Loans Bank, we will consider people with a wide range of credit backgrounds and do whatever we can to assist them in securing a vehicle.”

For more about the Car Loans Bank visit: carloansbank.com

Media Contact
Company Name: Car Loans Bank
Contact Person: Shama Craig
Email: info@carloansbank.com
Phone: +1 (855) 261-9884
Address:1120 Finch Avenue West, Suite 701-1622
City: Toronto
State: Ontario
Country: Canada
Website: https://carloansbank.com/