Auto finance guide
Car Loan Pre-Approval Checklist for Canada
A little preparation can make a pre-approval request cleaner and faster. This checklist covers the information most auto finance partners commonly review.
Personal details
Have your legal name, current address, phone number, email, and date of birth ready. Do not send sensitive documents unless a verified partner requests them.
Income details
Know your monthly income, employment type, employer name, time on job, and any secondary income you want considered.
Budget details
Decide your ideal monthly payment, down payment, trade-in plan, and maximum vehicle price before shopping.
Credit situation
Be honest about damaged credit, no credit, bankruptcy, proposal, or recent missed payments so the application can be routed correctly.
Consent and next steps
Read the privacy consent and partner-contact terms before applying. A credit inquiry should only happen later with your consent.