Bad Credit Car Loans in Cambridge Ontario

Get a car loan in minutes

Welcome to Lebada Motors, your premier destination for bad credit auto loans Cambridge, Ontario. We specialize in helping people with poor credit secure the financing they need to purchase the vehicle they deserve.

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Our team of experienced finance specialists is dedicated to helping you discover the ideal loan option that aligns with your budget and lifestyle. We believe in providing accessible financing solutions for all, irrespective of their credit history. We offer an array of car loan choices, encompassing both new and used vehicles, along with refinancing possibilities. Our primary objective is to streamline the car-buying experience, making it as effortless and worry-free as can be.

Bankruptcy and Consumer Proposal Financing

We understand that some of our customers may have encountered financial setbacks in the past, such as repossession or other credit challenges. If you’re worried about your ability to secure car financing, rest assured. Our specialization lies in helping customers who have faced financial difficulties, including repossession and various credit issues, obtain the financing they need to purchase a car.

Get a car loan in minutes

Welcome to Lebada Motors, your premier destination for bad credit auto loans Cambridge, Ontario. We specialize in helping people with poor credit secure the financing they need to purchase the vehicle they deserve.

Apply below

1Contact Info
2Work Info
3Location

Our team of experienced finance specialists is dedicated to helping you discover the ideal loan option that aligns with your budget and lifestyle. We believe in providing accessible financing solutions for all, irrespective of their credit history. We offer an array of car loan choices, encompassing both new and used vehicles, along with refinancing possibilities. Our primary objective is to streamline the car-buying experience, making it as effortless and worry-free as can be.

Bankruptcy and Consumer Proposal Financing

We understand that some of our customers may have encountered financial setbacks in the past, such as repossession or other credit challenges. If you’re worried about your ability to secure car financing, rest assured. Our specialization lies in helping customers who have faced financial difficulties, including repossession and various credit issues, obtain the financing they need to purchase a car.

Largest Canadian Auto Loan Lenders Partners

By working with the most reputable Canadian Auto Lenders we can help you.

Car Loan Lenders

Requirements for Bad Credit Car Loans

If you have bad credit, you may be wondering what the requirements are to get a car loan. While every lender has different requirements, there are some general requirements that most lenders will look for when considering your loan application:

Income: Lenders will want to make sure that you have a stable source of income and that you can afford to make your monthly loan payments. In general, lenders will require that you have a minimum monthly income of around $1,700 to $2,000.
Credit Score: Lenders will still look at your credit score when considering your loan application. The lower your credit score, the higher your interest rate is likely to be. However, even if you have a low credit score, you may still be able to secure a car loan if you have a stable source of income.
Down Payment: Most lenders will require that you make a down payment on your car loan. The amount of the down payment will depend on the lender and the value of the car you’re purchasing. In general, lenders will require that you make a down payment of at least 10% of the purchase price of the car.
Proof of Insurance: Before you can drive your new car off the lot, you will need to provide proof of insurance. Most lenders will require that you have full coverage insurance on your car, including liability, collision, and comprehensive coverage.
Driver’s License: You will also need a valid driver’s license in order to purchase a car and secure financing.
At Lebada Motors, we can help you navigate the car loan application process, regardless of your credit history. Our application process is simple and straightforward, and we can often provide same-day approvals. We work with a variety of lenders to ensure that we can offer competitive rates, and we can even help you rebuild your credit over time.

Contact Us Today

If you’re in Cambridge, Ontario, and you’re in need of a bad credit car loan, Lebada Motors is here to help. Contact us today to learn more about our financing options and to get started on your car-buying journey.