Choose a country
Canada
Choose a city
Choose a city
Choose a language
English
Select country
Choose a country
Canada
Canada
España
México
Philippines
United States
Việt nam
Казахстан
Россия
Україна
Lender
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Canada Auto Experts's pay off

Finanso.Multilogin™

Repayment of loan

The main goal of the Canada Auto Experts car loans platform is to make repayments for its borrowers as easy and comfortable as possible. Due to this point, the Canada Auto Experts platform has made all the withdrawals fully automated – the funds scheduled for being repaid are being directly withdrawn from the borrower's bank account, where his income is usually deposited at. Should the borrower express the intention to perform repayments on his own – there is also a possibility provided to the customers, like making direct transfers from their bank account to the account of the planform.

Conditions of loan extension

There is no information on this point presented on the company’s website. Try to contact Canada Auto Experts directly.

Early payoff

Usually, every loan company allows its clients an early payoff. However, there is no exact information on this point presented on the company’s website. Instead, try to contact Canada Auto Experts directly.

Tips on how to pay more efficiently

To pay more efficiently, there are two options to be chosen – the borrower should come to the point that he or she is not extending his loan and not taking several loans simultaneously. In this case, the borrower is not overpaying and feels more comfortable regarding his financial stability.

FAQ

How do I make a payment to Canada Auto Experts?

The crucial point for all the repayments is that they are made in accordance with the schedule. Canada Auto Experts platform has automated all the withdrawals – the funds scheduled for being repaid are being directly withdrawn from the borrower's bank account, where his income is usually deposited. Should the borrower express the intention to perform repayments on his own – there is also a possibility provided to the customers, like making direct transfers from their bank account to the account of the planform.

What happens if you don't pay back Canada Auto Experts?

In case there is a delay with the scheduled reimbursement performed by the client, Canada Auto Experts is putting all the efforts possible to negotiate with the client and help him in this situation. However, should all the negotiation options have failed, Canada Auto Experts Brokers is forced to bring a case against the debtor to the court or pass the case over to money collectors.  

Can you pay Canada Auto Experts early?

Usually, every loan company allows its clients an early payoff. However, there is no exact information on this point presented on the company’s website. Instead, try to contact Canada Auto Experts directly.

Can Canada Auto Experts sue you?

Canada Auto Experts loan service is taking its clients as an integral part of the company’s successful development. Due to this, the company is never happy to file with the court. However, Canada Auto Experts has its obligation to provide its customers with sufficient financial support whenever the customer addresses the company. Under these settings – and only in case of a long-standing default on payments expressed by the borrower, Canada Auto Experts has no choice but to bring a claim before the court or pass the case over to bill collectors. In any event, Canada Auto Experts is making all efforts possible to carry out mediation procedures with all its customers, having difficulties with timely repayments to resolve all the issues before starting legal proceedings.

Calculate loan payments in Canada Auto Experts

Canada Auto Experts calculator will allow you to calculate an approximate payment schedule for the loan

Loan amount
i

Enter the desired loan amount

CAD
CAD
10000 $
100000 $
Loan term
i

Specify the loan term for the calculation

months
days
12
48

What to pay attention to when applying for a loan from Canada Auto Experts

  1. The company must have a license if it runs business in Alberta, British Columbia, Manitoba, Ontario and Quebec.
  2. You can check the availability of the relevant license (copy) at the branch of the lending company.
  3. Membership in a self-regulatory organization (SRO) is an additional guarantee of the reliability of the lending company. This information can also be checked at the company's branch or on its official website.
  4. Availability of lending policies.
  5. The procedure for applying for a loan.
  6. The procedure for concluding the loan agreement and receiving the payment schedule.
  7. Other conditions for granting loans.

We recommend

  1. To check out the interest rates and frequency. 
  2. Check the availability of individual terms in the loan agreement (principal amount, term, date of advance, etc.).
  3. Check whether the loan agreement contains information about the total cost of borrowing.
  4. Take time to think – you can change your mind before agreeing or signing a loan agreement.
  5. Speed of loan processing.
  6. Accessibility – alternative lenders often operate where there are no bank branches.
  7. For the borrower - high interest on the loan.
  8. For an investor, the safety of funds is not guaranteed by the state.

What distinguishes Canada Auto Experts from banks:

  1. Simplicity - loan processing is less formalized than in a bank.
  2. Fast loan processing.
  3. Accessibility.
  4. For the borrower - high interest on the loan.
  5. For an investor, the safety of funds is not guaranteed by the state.
Your comment has been added
Error
Your complaint has been recorded
Invalid username or password
comment.alert.error-reg
Please log in to like/dislike
Invalid SMS code has been entered
All Canada Auto Experts’s reviews by September 2022
Leave feedback

Similar companies

Goeasy
33 City Centre Dr #510, Mississauga, ON L5B 2N5
1 844 446 3279
Kingcash
TD Canada Trust Tower, 161 Bay St. 27th Floor, Toronto, ON M5J 2S1
1-844-895-8808
Auto Loan Solutions
3200 Bloor Street West Toronto, ON M8X 1E1
1-800-610-2391
Driven
License No. 6482091
130 Adelaide St W, Suite 3100, Toronto, Ontario, Canada, M5H 3P5.
1-866-889-9412
Symple Loans
161 Bay Street, Suite 2700 Toronto, ON, M5J 2S1
1-888-479-2292