Welcome to our Frequently Asked Questions section, which will allow you to obtain answers to questions commonly asked by our customers about automotive financing, credit restoration and 2nd chance credit.
If you don't find the answers to your questions here, please don't hesitate to contact us online, or by telephone at 1 877 339-6035. We will be happy to answer you!
Question: I'm 17 years old and want to buy a car, but I've never borrowed from the bank. Can I obtain financing?
Answer: A car loan can be an excellent way for you to build a good credit rating. It allows you, for example, to greatly increase your chances of obtaining a mortgage on a home. The important thing, of course, is to always make your car loan payment!
Question: I would like to know if I qualify for car credit before I visit your dealership. Is that possible?
Answer: It's no longer necessary to leave your home. We can approve you for credit by telephone at 1 877 339-6035, or you can fill out and submit our online credit application. You can complete all these steps from the comfort of home, in full security!
Question: You say you can help me restore my credit by borrowing from you to acquire a new car. How does that work?
Answer: Crédit Auto de Montréal provides you with a loan toward the purchase of a vehicle, where other dealers may refuse to lend to you. It's therefore a 2nd chance for you to prove you are able to repay your loan each month. If you make each monthly payment without interruption, you will be able to restore your credit. We can even issue you a new credit card!
