Auto Financing Frequently Asked Questions

frequently asked questions

What credit score is needed to buy/ finance a car?

There are no minimum requirements for credit score, we’ve had people approved for as low as in the 300’s.

Financing qualifications?

All we need for financing and refinancing is a drivers license and a pay stub, if you’re self-employed we then we require your invoices.

What is refinancing? And how can you benefit from refinancing.

Refinancing is when you take your existing auto loan and refinancing the balance at a lower rate, you can opt to extend the term as well to lower the payments further or keep the payments the same.

What are the Requirements for an auto loan?

All you need is a drivers license and proof of employment, here at family auto financing we want to help all of our clients have the ability to reach their full potential, we accept ASH and Disability and WCB.

Will I need a down payment?

We do not require a down payment!

What will my interest rate be?

The interest rate starts at 3.9 % on approved credit.

How fast can I have a vehicle?

You can have a vehicle within an hour after applying.

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