Great for building credit if you will be doing a Consumer Proposal or Bankruptcy, are new to Canada or have limited credit history!!
Step 1
Apply Online
Step 2
Approval
Step 3
Drive Away or Have It Delivered
With our super simple process you can digitally* sign your documents and pick up your vehicle or have it delivered.
Short-term car leases benefit individuals who are struggling to get vehicle financing due to a poor credit score or limited credit history. Here are some of the advantages and who might benefit from them:
Who can benefit from a Short-Term Auto Lease?
Legacy Auto Credit works with people who have experienced financial difficulties in the past which is now limiting them from being approved for a vehicle loan. If you are being declined it is usually due to one of two things. Not enough income or too much debt.
Our Credit Helpers program provides debt solutions and credit-rebuilding tools which help reduce your debt and improve your ability to be approved for a vehicle
Legacy Auto Credit is proudly helping people with bad credit secure car loans in Guelph, Kitchener, Waterloo, Cambridge, Windsor, Sarnia, London, Woodstock, Hamilton, Niagara Falls, and surrounding areas.
What Makes Us Different
We have more flexibility to provide approvals because we offer in-house financing. That makes us different.
Now you can get our low rate in house financing anywhere in Ontario without having to leave your home.
We're know you'll love your new purchase, if not, bring it back and we'll help you exchange it*. (*Some exceptions apply)
Resource for Free consultation with a certified counselor who will provide debt solutions, budgeting and credit rebuilding guides and tips.
Yes, at Legacy Auto Credit we understand that a repossession is usually the result of an uncontrollable event or situation. Many of our clients have had a previous repossession or will be returning their vehicle to the bank when filing a bankruptcy or consumer proposal.
At Legacy Auto Credit we provide In-House Financing/Leasing. This means that we provide the funds and then you pay us back. We can look at your credit situation on a personal level and determine your ability to make payments even if you have bad credit. We make the final decision on the approval which results in more approvals and better rates. Our interest rates for Consumer Proposal and Bankruptcy customers start at 11.9% oac on new cars.
Yes, at Legacy Auto Credit our In-House program was created for bankruptcy and consumer proposal customers. If you are about to file or have already filed and are not discharged, you can still qualify for our low rate in-house program. We work with several trustees who see that we truly offer low rates and want you to succeed in rebuilding your credit. If you are about to file we will work with you to secure a vehicle before filing so that you can be confident in returning your current vehicle that has too much negative equity, has too high of payment or doesn’t suite your needs anymore. We also report your payments to Equifax which will help re-establish your credit score.
Yes, if you make your payments on time. Legacy Auto Credit reports your payment history to Equifax monthly. Over time with on time payments your score will increase.
We see many people that have been previously turned down due to several reasons which have included, poor payment history, not enough time on the job, too much debt and non-garnishable income. With our In-House program we look at your income, expenses and debts that would be causing the turn downs and provide you with solutions to get you driving and rebuilding your credit.
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We're here to help
Our job is to help people with bad credit get auto loans at a price point and with rates they can afford. No matter your situation, it’s worth reaching out and speaking to one of our credit specialists.
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