How to Get a Car Loan After Bankruptcy in Kelowna, Vernon and Surrounding Area
Don't Let Bankruptcy Stop You from Getting Financed
Have you recently made the difficult decision to declare bankruptcy? Bankruptcy is the final option for those who have exhausted all other avenues for pulling themselves out of debt, and the effect it has on your credit can be devastating for many years after discharge. However, many lenders are becoming more understanding of those who have recently gone through this process. These days, bankruptcy car loans are increasingly more accessible for otherwise well-qualified buyers so long as you know which dealership to utilize. At Canada Car Shop, we pride ourselves on being able to obtain financing for our customers who have had to cope with the unfortunate ordeal of filing for bankruptcy recently.
A bankruptcy lingers on your credit report for several years and often has a significant negative impact on your score. However, you may want to consider pulling a recent copy of your credit reports and scores from the credit bureaus to ensure that everything else reported is fully accurate. The amount of inaccuracies that can accidentally wind up on an individual's credit report may surprise you.
Get My Application Started!
If you learn that you have inaccurate information on your credit reports, it behooves you to contact the credit bureaus and file a dispute to try to get the information corrected. Even seemingly minor errors can have a major impact on your score. If you follow the proper channels to file a dispute inquiry with the credit bureaus, they are required to respond to you about it within a specific timeframe. You can often submit these dispute requests online, or you may opt to mail in a physical letter to the bureau in question.
Here at Canada Car Shop we are an industry leader in approving clients just like you bankruptcy car loans. To obtain more details about our financing options, schedule a test drive, or simply bounce a few questions off of one of our sales representatives, get in touch. Please give us a call, email us, or stop by our dealership.
Canada Car Shop is located in Kelowna, British Columbia and also serves Vernon, Kamloops, Penticton, Merritt, Salmon Arm, Nelson, Summerland, Armstrong, Oliver and surrounding areas.