Have you had some difficulties in the past that have negatively affected your credit score? We can help! At Stouffville Hyundai, we have knowledgeable and kind financing staff that can help you finance a car even if you have bad credit or no credit. We are happy to help those in the Whitchurch Stouffville area, such as Markham, Vaughan, Richmond Hill, Newmarket, and Aurora, reestablish or repair your credit while also giving you the opportunity of financing a vehicle of your choice from our new Hyundai inventory. We offer subprime loans to help you get behind the wheel of your dream car and rebuild your credit faster.
What is a Subprime Loan?
A subprime loan refers to an individual's financial situation and comes with a set of arrangements that are determined once their overall credit report is analyzed. If you have a credit score of around 670 or lower, you would generally be considered for a subprime loan. Getting a subprime loan means that you will have slightly higher interest rates and monthly payments for your vehicle of choice, but showing us that you are responsible and capable of making payments on time can increase the likelihood of you getting prime rates in the future. After all, auto financing with good or bad credit and making monthly payments on time is a great way to build credit and boost your credit score in the long run.
Is Refinancing an Option?
Once you apply for a loan with us and have consistent on-time payments, your credit score will increase. Then, when the opportunity arises to refinance your vehicle or purchase a new one, we can help you secure a lower interest rate. Visit our online financing centre for more information about our competitive payment plans and options at Stouffville Hyundai.
Do you have bad credit or no credit? Do not worry! LET US HELP YOU REBUILD YOUR CREDIT!
We believe that what's in the past is in the past. Don't let your credit history stand in the way of buying yourself a great car! We have helped thousands of people reestablish their credit while driving a new or used vehicle. We regularly help people from all over Ontario secure automotive financing.
We're located just minutes North of Markham and a short drive away from Richmond Hill, Newmarket and Vaughan. All of us at Stouffville Hyundai know our roots start with a small town friendliness but run deep enough to cater to metropolitan tastes.