Financing a Car Is Easier Than Ever With Favourable Loans
Do you need help financing a car? We offer fast preapprovals for new, used, and classic vehicles. Enter your information to begin.
Owning Your Dream Car Starts Here
Whether you have your eye on a luxury sports car or you need a safe SUV for your family, we can help you get the financing you need to make it happen. See what we have to offer.
New Car Loans
Do you want to purchase a new car but don’t qualify for the dealer’s promotional rates? Don’t get stuck paying more in interest than you should. See what we can do for you.
Used Car Loans
Interest rates on used car loans tend to be higher than on new cars, but it doesn’t have to be that way when choosing Favourable Loans. Let us make financing a used car a breeze. We’ll make sure you are getting the fairest rate possible.
Vintage & Classic Car Loans
Did you know you can finance the purchase of a vintage or classic car? We work with lenders familiar with the complexities of these types of loans so you can make your vintage car dreams a reality.
No-Credit-Check Car Loans
Is your credit less than perfect, or is your debt to income ratio high? Maybe you are a stay-at-home parent or don’t show much income but can afford a car loan. Our no-credit-check car loans can help you qualify for the financing you need.
Second Chance Car Loans
If you have poor credit or bad payment history, you might feel like a car loan is out of reach. At Favourable Loans, we work with lenders that understand that life happens and are willing to extend financing.
Don’t Get Stuck at the Dealership!
If you have ever purchased a vehicle before, you know that you can end up waiting for hours to complete financing on your new car. What’s worse is that the dealer will want you to go through their banks or possibly even the manufacturers’ loan program, and you could end up paying more in interest than you should. You may even sit through the entire process and find out that you don’t qualify. When you get preapproval from Favourable Loans, you can walk into the dealership with confidence, knowing exactly how much you can spend and what your monthly payments will be at your chosen price point.
Why Choose Favourable Loans?
If you are in the market for a new or used vehicle, you might be concerned about getting a car loan, especially if your credit is less than perfect or very little credit. At Favourable Loans, we are here to help. We work with all the top car lenders to ensure that you can get the financing you need to get behind the wheel of a new vehicle right away. See why our clients trust us.
How Do Car Loans Work?
Even used cars can be expensive, and most people can’t afford to buy their vehicle outright. When you take out a car loan, a bank or auto lender will give you your money as a lump sum to buy your new car. Then you will pay your vehicle off over time, typically anywhere from three to eight years. Your vehicle will act as collateral in case you aren’t able to make the payments. While you may pay a bit more than if you purchased the car outright, most auto loans have relatively low-interest rates. In most cases, you can pay your loan off early with no penalty.
The Favourable Loans Difference
Your car is your lifeline, from getting to work to caring for your family to getting where you need to be in an emergency. However, getting a car loan can be a hassle, but it doesn’t have to be. We started Favourable Loans to streamline the loan process so you can get where you need to go fast. Contact us today to learn more about our commitment to you.
Our Customers Love Us
Our customers love us because we offer a simple and easy car loan process. We also have some of the most competitive rates and terms available.
“I’m a classic car investor and needed a large sum of money for a car I wanted to purchase without selling another vehicle. Favorableloan.com came through for me and their partner approved my loan in just a few hours.”
“I was car shopping for months and could never get approved. I found Favorable Loans online and got approved in minutes! I will never go anywhere else for my car loan needs.”
“I was so worried about my credit that I didn’t think I would ever be able to get a car loan. But Favorable Loans helped me get the financing I need to buy my car.”
Explore Your Car Loan Options Today
If you are financing a car, we are here for you. Fill out our online form to calculate your monthly payments and get pre-approved for an auto loan right away.