I have already given back a vehicle to a financial institution. Can I still get the necessary financing to buy a car?

Yes, with Autonum you can.

Do you finance commercial vehicles?

Yes, we do.

How can I check my credit report myself?

You must make the request in writing and mail it free of charge to the Canadian agency Equifax. For a fee, you can get more detailed information upon request on their website. When in doubt, consult:
www.ic.gc.ca/eic/site/oca-bc.nsf/fra/ca02197.html

What are the advantages of doing business with Autonum?

You increase the chances of your application being approved. We also make sure that your payment history will be properly reported to the credit bureau, which, over time will improve your credit rating.

I am currently studying. Can I get help purchasing my first vehicle?

Yes. Autonum can help you purchase your first vehicle with our 1st credit/youth program.

I live in Abitibi. I cannot find a lender to purchase a vehicle from.

Autonum offers services throughout Quebec and Ontario.

After purchasing a vehicle can I obtain a warranty and/or life insurance?

Yes. We offer various protections, such as:
• Mechanical warranties
• Life insurance programs, disability, critical illness, death and loss of employment
• Roadside assistance.

Is there a maximum amount that I can borrow?

It is recommended to purchase an inexpensive vehicle in order to afford your payments. This can help you maintain good payment habits, respect your commitment and improve your credit score.

How long can I finance a vehicle?

With Autonum it’s possible to get a loan for a maximum of 60 months.

I need to finance my vehicle. Where should I go?

Make your way to Autonum! Fill out our online application at www.autonum.ca or contact one of our agents by phone at 1 (866) 243-6235.

How soon can I take possession of my vehicle?

Usually within 24 hours. (Business days only)

I am currently on CSST assistance program. Can I still get the necessary financing to buy a car?

Yes, with Autonum you can.

I have a restricted/apprentice driver’s permit. Can I still get the necessary financing to buy a car?

Yes, with Autonum you can.

Do I have to pay a penalty if I choose to repay my loan before the agreed term?

Absolutely not! In addition, you save interest by paying faster!

Is it true that I can improve my credit score with a loan from Autonum?

Yes. Autonum uses Equifax data transfer. We inform them of your payment history/habits, which will be considered in future assessments of your credit rating.

How long will it take to rebuild my credit score?

It depends on the status of your case and your new payment habits. You can speak to one of our agents to learn how to improve your credit score as quickly as possible.

A bank refused to grant me a loan. Can I still get the necessary financing to buy a car?

Yes, with Autonum you can.

What are Autonum’s interest rates?

They vary between 9.9% and 29.9% depending on the quality of your credit history.

Why can the interest rate be so high?

The interest rate corresponds to the potential risk you represent to a lending institution. This risk analysis is similar to auto insurance. For example, if you have had several accidents, your premium will cost more than that of a driver with no accidents recorded in his file.

I have recently started a new job. Can I still get the necessary financing to buy a car?

Yes, with Autonum you can.

I am currently in bankruptcy. Can I still get the necessary financing to buy a car?

Yes, with Autonum you can.

What is alternative credit?

Alternative credit takes over the conventional credit offered by major financial institutions. Usually, you cannot get funding from these banks for the following reasons: bad payment habits, collections, bankruptcy, debt to income ration too high, inadequate credit history, and so forth.

I am self-employed. Can I still get the necessary financing to buy a car?

Yes, with Autonum you can.

I am a seasonal worker. Can I still get the necessary financing to buy a car?

Yes, with Autonum you can.

I recently immigrated to Canada. Can I still get the necessary financing to buy a car?

Yes, with Autonum you can.