Getting a car loan after Bankruptcy.

We work with people in all situations, including those who have filed for bankruptcy. We want to help you understand how this situation happened, and how we can help you improve and build your credit score.

What is a bankruptcy car loan?

Bankruptcy presents a challenge to car loan approval, but it's not an impassable barrier. Every situation is unique, from the cause of your bankruptcy to the extent of your debt. A car loan can be the perfect place to start building your credit, as long as you stay within your means of what you NEED in a vehicle.

How to Get Approved For a Car Loan After Bankruptcy?

A bankruptcy means means lenders face an above-average risk if they decide to loan you money. At Ontario Auto Solutions, we will work with lenders who specialize in Bankruptcy clients. We will do our best to get you the best rate possible and help you explore all of your options so you can make an informed decision.

The Value of a Downpayment

If you're able to provide a 20% down payment on your vehicle, it decreases the risk to the lender because after you drive off the lot, your loan amount will not exceed the value of your car. If you're able to provide an even greater down payment, you'll have a higher chance of getting a vehicle that you want.


Ready to get behind the wheel?

Our 30 second pre-approval application will get you well on your way to getting behind the wheel of a great new vehicle.