Carloans411 Review 2026Apply Now Check if I Qualify ↓
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3 reviews from borrowers who used Carloans411. Reviews are moderated; lenders cannot remove them.
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.
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.
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.
CarLoans411.ca 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.
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.
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.
CarLoans411 loans are between $5,000 and $40,000.
Interest rates on a CarLoans411 loan start at 2.9%.
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.
