F.A.Q

F.A.Q

Our team here at Pioneer Credit Center know that when it comes to cars there are lots and lots of questions our there. We thought we would share some of the ones that are asked frequently so you have an idea about what your getting into! 

1. What Is A Sub-Prime Car Loan?

 

Sub prime car loans or financing is offered to people whose credit history hasn't been the best in the past. Generally there are more conditions on these loans and some lenders may require collateral such as your house or car in case you can't keep up to your payments.

2. Can I get a Loan If I Am Self Employed?

 

Very often we can get you into a vehicle even if you are self employed! All you need to do is bring us a copy of your T4 tax form and a few bank statements to prove you have a source of income and almost as easy as that we can start your application process!

3. Will I Need Money Down?

 

While a down payment on your new or used vehicle isn't required it is a good idea to have one! Having a large down payment can reduce the monthly amount you will be paying for your loan and it looks good in the eye of the lenders possibly lowering your rates! 

For more information visit our website at www.pioneercreditcenter.com