Avg. Rating: 4.8 (3 reviews) partners with regional automotive dealers and lenders to help individuals across Canada access auto financing regardless of whether they have poor credit, no credit, or any other financial situation.

Types of Loans Offered:

  • Car loans
  • Van loans
  • Truck loans
  • TIME IN BUSINESS: Since 2008
  • # OF CUSTOMERS: Over 200,000
  • TOTAL FUNDED: Undisclosed


MNP Tower 1021 W. Hastings, 9th Floor Vancouver, British Columbia V6E 0C3
Call Center: Weekdays – 9am – 11pm EST
Weekends – 9am – 9pm EST
Support Offered:
  • Web Chat
  • Email Support
Availability: All of Canada

Products Offered

Below are all the products offered by this company.

Conditions & Rates

Interest rate Starting at 2.9% Amount $5,000 – $40,000 Term 12 – 72 Months

Eligibility & Documents

Who is eligible

  • Canadian resident over 18 years of age
  • Credit score above 500

What you need to provide

  • Government ID

Repayment & Issuance

How fast can you get the money 24 hours How does repayment work Bi-weekly payments

Frequently Asked Questions About Carloans411

What is CarLoans411? is a Canadian-owned and operated company which was founded in 2008. As one of the first companies of its kind in Canada, CarLoans411 has helped hundreds of thousands of Canadians with their car purchase. They specialize in finding the right car financing solution for Canadians regardless of their personal situations.

Is CarLoans411 Safe?

CarLoans411 has partnered with hundreds of dealerships across every province in Canada providing you with affordable options to drive away happily. CarLoans411 has over 200,000 customers and 2 locations, one in Toronto and the other in Vancouver. CarLoans411 helps thousands of Canadians including those with bad credit and no credit find affordable cars, vans, trucks or SUVs.

What Products and Services Does CarLoans411 Offer?

CarLoans411 offers car financing solutions. The 2 main products that they offer are: Simple Interest Loan: The interest rate is based only on the outstanding balance. That gives the borrower the option to pay more than the standard monthly payment and thereby save on interest cost. Pre-Computed Loan: All interest and principal payments are negotiated before the paperwork is signed. Payments are pre-calculated in advance, which excludes the possibility of early repayment.

How Much Can I Borrow from CarLoans411?

CarLoans411 loans are between $5,000 and $40,000.

What Is the Interest Rate on a CarLoans411 Loan?

Interest rates on a CarLoans411 loan start at 2.9%.

What Is the Term Length for a CarLoans411 Loan?

Most CarLoans411 loans in Canada are structured with 12-months increments. They last somewhere between two and seven years. Depending on whether you are planning to buy a new or used car, you will find loans between 12 months and 84 months. The average used car loan lasts between 36 months to 48 months. The average for a new car loan lasts between 60 months to 72 months.

How to Qualify for a CarLoans411 Loan?

You must be of legal driving age in the province that you reside in, and be a permanent resident in Canada. You also need to be employed for 3+ months and make at least $1600/month to qualify for a car loan.

Can I Apply Online for a CarLoans411 Loan?

Yes, the application process could take less than two minutes to complete. CarLoans411 car loan application is 100% free, no SIN required, and no obligation.

How Fast Can I Get a Loan from CarLoans411?

Once you submit your application, CarLoans411 will be able to connect you with a suitable partner within their extensive network of dealerships across Canada who can help you regardless of your financial situation. People have been able to get on the road in less than 48 hours.

How Will CarLoans411 Send Me the Loan?

The loan proceeds are usually deposited directly into your bank account.

How Does Loan Repayment Work at CarLoans411?

CarLoans411 loans are repaid through pre-authorized payments from your bank account.

Which Provinces Is CarLoans411 Available in?

CarLoans411 is available anywhere in Canada.

What Kind of Customer Support Does CarLoans411 Offer?

CarLoans411 offers various means of customer support, including contacting them by phone, web chat, email support and even have a blog and FAQ section on their website to view commonly asked questions and answers.

What are CarLoans411 Working Hours?

You can reach out to CarLoans411 between Monday and Friday from 9AM to 11PM EST and weekends from 9AM to 9PM EST.

Carloans411 Reviews

Avg. Rating: 4.8 (3 reviews)
Very satidfied

I was looking to buy a Honda Civic, but I was rejected for financing in several banks due to mine credit score. I found car loans 411 in Google in decided to try their services since I have nothing to lose. Eventually, I was approved for the car loan which I paid in two years, and just want to say thank you Car Loans 411 for help in getting the car I wanted.

Fast and easy

I got a call back from carloans411 within just a few minutes of contacting them. Soon after they paired me up with a local dealer and i'm grateful for the service they've provided me.

Mark Lewis
Great Experience

Super staff and easy to apply. Helped me get a car even though my credit rating wasn't that good. Would recommend it to anyone looking for a car.

Cindy C

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