At Approval Store, we pride ourselves on helping our customers can the car loan that they need – no matter their credit or history. Mistakes are mistakes, but with our credit rebuilding program, we can help you make sure that your past doesn’t ruin your future. Take a look at an overview of our program below.
How Long Does It Take?
Successfully completing our program can help you refinance at a lower rate and get yourself on the right track. Our program takes just 10 months and is included in each one of our approvals, free of charge. In order for it to work, you must ensure that you make all payments on time after we issue you your loan – this means no late payments, no deferred payments. After this 10-month period is over, one of our experts will get into contact with you and help you refinance at a lower rate.
After making it through our program and consulting with our experts about refinancing, you’re going to have a few options at your disposal. For example, you’ll have the choice of keeping the same vehicle at the lower rate or exchanging for another car at a lower rate. Many of our customers take advantage of this flexibility and trade for another vehicle, although if you do choose to keep your old vehicle, your lender will need to approve the request. This approval will largely rely on your ability to do the following:
- Maintain credit rating
- Make payments on time
- Consistency during our 10-month program
Performance in Our Program
Making mistakes during the course of our problem isn’t the end of the world – if you make a late payment or deferral or your credit continues to get worse, we can review the mistakes during the 10-month period and speak to your lenders for you. Our staff is committed to helping you rebuild your credit and will help you get exceptions when possible. Although it’s all in the hands of the lenders, we’ve had great success in helping clients rebuild their credit even when they made some slip-ups during the 10-month program.
Get started in our credit rebuilding program today and you’ll have a car loan in no time. Our team will ensure that the process is as smooth as possible and you know what’s happening every step of the way. Call our Ajax number at 905-427-6999 or our York number at 416-247-6888.