Frequently Asked Questions

You have questions and we’re here to answer them.

Common questions from our customers:

How It Works

How long will it take to get my car loan?

Once you submit your application, the process moves very quickly. We’ll typically have your car loan approved within 24-48 hours.

I've been turned down for an auto loan before. Can you help?

Yes. Our business was started to help ensure that everyone, regardless of credit history, can have a good vehicle to get around in.

What type of information do I need to provide?

We ask for your contact details, place of residence, and some basic employment and income information. Unlike many other car loan services, we don’t pull your credit or ask for references before meeting with you to discuss your needs. Read more about our car loan requirements.

How do you decide how much auto financing I'll qualify for?

We look at your income and credit history to build a financing package that meets your comfort level.

How are my payments calculated?

Your monthly payments will be calculated based on the size of the loan, the interest rate, and the length of the term.

Requirements

Can I get a car loan even if I have bad credit?

Birchwood Credit Solutions was created to allow everyone an equal opportunity to drive a safe and reliable vehicle. Don’t let credit concerns keep you from your next vehicle. We have the experience and resources to help with all types of credit situations:

If this is my first vehicle purchase, can I still qualify for financing?

Yes. We regularly secure vehicle financing for new drivers.

What's required to qualify for a car loan through Birchwood Credit Solutions?

You must have a valid driver’s license, be a resident of Canada, and have an income of at least $1,500 per month.

I just arrived in Canada and have no credit history. Can I get a car loan?

Yes. Birchwood Credit Solutions specializes in helping new Canadian residents secure a car loan.

Will I need to provide my Social Insurance Number when I apply?

No, we don’t need your SIN to get started. You might, however, be asked for your SIN later on in the process once you’ve been pre-approved for financing.

Do I need to make a down payment on the vehicle?

Down payments are generally not required.

Details

How will I choose my new car?

Let us know the type of vehicle you’re looking for when filling out your application. From there, you’ll be able to select a vehicle from one of our many dealerships.

How does the length of the car loan affect my payment?

The longer your loan, the smaller your monthly car payment. Just remember — you’ll end up paying more interest if you take out a longer loan.

What will the interest rate on my car loan be?

The interest rate you’ll pay depends on a number of factors, including your income, your credit, and the size of your loan.

If I declare bankruptcy, how long before I can get credit?

It is very possible to get credit from day one after filing for bankruptcy without having to wait to be discharged.

Can’t find your question?

Our team at Birchwood Credit Solutions is here to make the process of getting a car loan as easy and hassle-free as possible. If you can’t find the answer to your question listed within our FAQs, you can always contact us directly by email or by phone at 204-509-4231.

Already applied for a loan?

Have you already filled out your application? We make it our mission to get back to you as quickly as possible. If you completed your application and have not heard back from us within 24 hours, please call us directly at 204-509-4231 and we’ll be happy to help.

Apply for your car loan

Applying for a car loan shouldn’t be stressful. We only ask for the information we need and finishing your application takes less than 3 minutes. Get started now!

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Or feel free to give us a call at:
204-509-4231