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Bad Credit Truck Loans in Ontario

Last Updated: November 06, 2024
Written by: Amy Orr
Reviewed by: Jenna West
Originally Published: August 25, 2018

Ontario has been home to a thriving trucking industry with prospective drivers looking to break in regularly. When starting out in this industry, it’s quite typical for truckers to want to invest in their own truck to work independently. Of course, they can be quite expensive and normally require some financial assistance to make the total investment. To qualify in most cases, you would need a high credit score. If you have had a rough credit score, Smarter Loans can help you find the provider you need in that scenario. We work with a handful of bad credit truck loan providers that have provided quality loans alongside great service. Any truck buyers with low credit scores that end up using our services at Smarter Loans have paired up with some of the most efficient bad credit truck loan providers in the province shortly afterwards.

After dealing with tons of applicants, we found that commonality that exists within many of them is the typical obstacles they face when looking for financing of any kind. This m

long wait times to receive any service and frustrations in deciding which provider they should ever work with. On top of that, it is quite tough to navigate the Web to find accurate information on certain bad credit truck loan providers. If you use Smarter Loans, in one research session, you can end up choosing a bad credit truck loan provider in Ontario that you can be confident of. Just take a peek at the list below to see their offerings, interest rates and customer reviews.

Click the “Apply Now” to start filling out an application form. If it’s overwhelming to choose a provider through the selection, you can always pre-apply at Smarter Loans instead. A team member of ours will take a look at your application and help you select a bad credit truck loan provider in Ontario with you.

Ontario Facts

  • As per the latest stats, Ontario reports 3,602,000 listed homeowners.
  • On the average each resident of Ontario carries a burden of consumer debt of $23,000.
  • Ontario’s leading employment areas are agriculture, forestry, fishing and hunting, real estate and rental and leasing, management of companies and enterprises.
  • Ontario's employment rate: 60%.
  • Average household income in Ontario is estimated at $74,300.
This data was researched in 2019 and uses various information resources, including Canada’s National Statistics Agency, etc., where the information can be as of an older date. The facts above may change as new information becomes available. We do our best to keep the information up to date.

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Written By:

Amy Orr

Amy Orr is a professional writer and editor with over 10 years of experience in the Canadian, U.S. and U.K. financial markets. She has written for numerous publications on topics as diverse as economic literacy, corporate finance, and technical analysis of numerical data. Prior to transitioning to full-time writing, she worked in the hedge fund sector. Her academic background is astrophysics, and she has a Masters in Finance from the University of Edinburgh Business School.

Reviewed By:

Jenna West

Jenna West is Smarter Loans' in-house financial writer and content director. She has been covering the Canadian FinTech and finance industry since 2017, including financial trends analysis, industry surveys, regulatory updates and changes in Canadian consumer behaviour when it comes to finance.


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Nate CampeauNate Campeau
13:22 27 Oct 24
This company is reliable, quick, and just has the best customer service and rates it is a easy process with quick results. Would definitely recommend to anyone that needs the help.
Bles4lif Pro-DreBles4lif Pro-Dre
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Vincent JohnsonVincent Johnson
07:08 23 Oct 24
Good place for borrowing a bit of money 😁
Kels HillKels Hill
06:41 23 Oct 24
Personally love this opportunity and app. Super convenient and easy to use and super awesome variety of great loans. Thanks so much guys for making such an awesome site and app and being there for me over the years. :)
Tara HartTara Hart
16:23 16 Oct 24
From beginning to end, my experience was great! Very professional and personable agents. They only asked questions that were needed for the loan and payments were extremely reasonable. Would recommend to anyone who needs emergency funds.
A ScottA Scott
19:43 11 Oct 24
“ Thank you SO very much! My situation was tricky and you guys made the whole process so effortless. The way you guys handle the whole process so discreetly. That truly speaks to how well your office is run and the caliber of specialists who handled the processing of my entire loan!”
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