Finance Application

Challenged Credit?

No Credit?

No Problem!

Scarborough Car Credit Helps Toronto Drivers Get Approved for an Auto Loan

If you have challenged credit and are looking to purchase a car in the Toronto area, you may be wondering how you can qualify for a car loan.

You may have already tried to apply for a car loan through a car dealership or a local bank, and your request may have been denied due to your credit rating. Or perhaps you are aware that you have a bad credit score and have not even attempted to apply for financing through these traditional sources. The good news is that at Scarborough Car Credit, we can help you obtain the auto financing you need for your vehicle.

Whether you've got no credit history at all or have challenged credit because of situations such as divorce, bankruptcy, or if you're a recent immigrant, we'll work with you to help you get the financing you need for a vehicle. 

Call us at (888) 633-5889 to speak with a finance expert or fill out our simple form to apply online today!

Your Source for Auto Financing in the Toronto Area

Many drivers need to obtain a car loan to purchase the vehicle that they need, and many lenders will not extend a loan to individuals with a lower credit rating. Bad credit scores are not a problem when you apply through our website. We offer great terms to car buyers with a troubled credit history.

Our application process is quick and easy. You can complete the application online within just a few minutes, and in many cases, we can provide instant approval. 

If you're in the Toronto area and are in the market to buy a new car today, call (888) 633-5889 to speak with a finance expert or take time to fill out our loan application online.

Frequently Asked Questions

What will my rate be?
Our finance rates range from 4.99% to 28.99% depending on an individual's credit situation. It's important to understand that an auto loan can also serve as a credit rebuilding process, and that future auto loans can be financed at much lower interest rates with good repayment history.

How much is my payment per month?
Monthly payments depend on a number of variables: finance term, interest rate, vehicle, down-payment, etc. Payments are generally in the $250 to $500 range on a monthly basis. Scarborough Car Credit has relationships with many banks, and will work hard to get the lowest possible interest rate and lowest payment available for you, on the vehicle that meets your needs.

Do I have to put money down?
Down-payments are not an obligation and certainly not a legal requirement. However, some banks will require additional security in the form of a down-payment when extending financing on an automobile. Each situation is unique, and Scarborough Car Credit will work hard to ensure that we provide you with options that will work for you.


2019 Toyota Camry LE

  • Price: $28,367
Engine Size: 2.5L, Exterior Colour: 0040 Alpine White,Stock #: K3758, VIN: 4T1B11HK0KU748949, Model Code: B11HLT

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Privacy Statement

As a valued customer, we want to ensure that your private information is kept private and only shared with those companies that are authorized by yourself or that are allowed or required by law. This document explains our privacy policy, gives you reasons why we ask for the type of information we do, and if we do reserve a right to share information with non-affiliated third parties, lets you "opt-out" of our reservation to do so. Please take a moment to read this entire policy.

Collection of Information
The purchase of a motor vehicle requires considerable accumulation of non-public personal information. For example, if we sell or lease you a vehicle—extending credit to you at your request—we will receive information from you in order to determine your creditworthiness. We may also obtain information from a credit reporting agency. We may also obtain information from third parties such as employers, references and insurance companies.

Some of the information we obtain from you may be required by provincial or federal agencies, such as the Department of Motor Vehicles or the Canada Revenue Agency. This information may be required even if you were to pay cash for your vehicle. Examples would be a driver's license or social security number.

Protecting Your Information
We safeguard nonpublic personal information according to established industry standards and procedures. We maintain physical and electronic safeguards that comply with provincial and federal law. We restrict access to non-public personal information about you to those employees and outside contractors who need to know the information to provide goods or services to you. We prohibit our employees and agents from giving information about you to anyone in a manner that would violate any applicable law or our privacy policy.

Information Sharing
Unless we have indicated our desire to share your non-public personal information with non-affiliated third parties (by checking the box in the section below), we share information:

A) For everyday business purposes, such as to process transactions, maintain account(s), to respond to court orders and legal investigations, or to report to credit bureaus.

B) For the purposes of processing a sale or lease transaction at your request or authorization, such as submitting information to third party financial institutions that may be requested to take an assignment of the contract, or verifying insurance coverage information.

C) When using outside service providers to help us provide you with products and services. Before providing information to our service providers, we enter into contractual agreements prohibiting them from disclosing or using the information other than for the purpose for which it was disclosed.

D) With "Affiliated" companies. Companies that are affiliated with us include any company that controls us, any company that we control, or any company under common control with us.

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I am interested in purchasing or leasing a vehicle and request that my Consumer Credit Report be obtained, at no cost to me, in order to help determine the types and extent of financing which may be available to me.

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