Financing Application - Brief Form

Welcome to CreditUp, our in-house financing department. 

We're here to take the stress out of financing your vehicle.  This is something that can be particularly tough for borrowers with poor credit history. In today's economy, many people have become saddled with poor credit due to bankruptcy, repossession, or other defaults.  For them, auto financing can seem to be an impossible task.

That said, a poor credit history doesn't have to prevent you from getting your dream car. If you have had loan applications rejected in the past, we are here to help you get past that today.

Our immense lender network will help you find the right auto loans with poor credit option for your unique situation. That's our guarantee to our customers.

We are here to help you get qualified for your automobile finance, whether for a new or used car, and without any hassles despite your past credit history. Apply today, for your vehicle loan.

How do I become eligible for a Bad Credit Auto Loan?

The essential qualifications are:
  • Monthly provable earnings of minimum $2,000 per month
  • Presently reside in Canada
  • Canadian citizens or legal residents
  • Capable of getting automobile insurance
  • Permanent employment or guaranteed fixed earnings for the term of the loan
  • Most lenders need a working phone number and proof of residence, for instance a utility or credit card statement

Fill out this fast, easy, NO OBLIGATION form to open the lines of communication with us. 

if you would like to get Online Pre-Approval for your car loan, click here to fill out our full and completely secure https form.

Drive Off the Lot Today - Speak with a Car Finance Professional!

Contact Information

Contact Me by

Contact Information

North York Chrysler Jeep Dodge RAM FIAT

7200 Yonge Street

Thornhill, ON L4J 1V8
sales Sales:
1 (888) 394-5933
service Service:
1 (888) 903-4743
parts Parts:
1 (888) 858-0049

Finance FAQ

Check out our online finance FAQ section for important information regarding car lease and loan characteristics.



Loan payments contribute to the eventual ownership of a vehicle, while lease payments apply only to the short-term use of a car.


Owning a lease vehicle is possible if purchased outright after the lease period ends.

A typical lease period runs between 24 and 48 months.


Three important factors - adjusted capitalized cost, residual value and the money factor - determine the monthly rate of a lease.


Closed-end leases set a fixed residual buy price at the beginning of the term, while open-end deals base the final buy price on a vehicle's actual market value at the end of a lease.


Pay more money down initially to reduce monthly loan payments. Otherwise, a typical down payment ranges between 10 to 20 percent of the total cost.


Many used vehicles require down payments of at least 20 percent and include interest rates between 9 to 10 percent.


Lease agreements usually limit kilometres from 12,000 to 15,000 kilometres annually. Beyond these figures, fees in the range of $0.10 to $0.25 per kilometer begin to accumulate.

If you plan on customizing your vehicle, you need to finance with a loan. Leased vehicles must be returned under factory specification.

What is a Poor Credit Auto Loan?

Bad credit auto loans are specially designed for individuals who can't get pre approved for an auto loan with customary lending sources; for instance credit unions, local banks, or the lending arms of auto manufacturers.

These lending sources generally don't lend to individuals with low or bad credit history, recent bankruptcy, low earnings, low down payment, or previous vehicle recovery.

That being said, North York Chrysler has a special finance department in place to facilitate auto loans for bad credit for people that have a less than perfect credit history.
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