Our car loan service gets you approved for a loan before you buy, so you’ll know what you can afford, how much your monthly payment will be, and what kind of interest rate you’ll be charged, all up front.
Toronto, Canada (PRWEB) October 23, 2014
Buying a car just got easier for thousands of Canadians with the launch of LowestRates.ca’s car loan service.
LowestRates.ca’s latest site offering connects car buyers to a nationwide network of lenders and dealers specializing in getting Canadians the financing they need to purchase a vehicle, even if they don’t yet have a credit score or have experienced a credit setback.
“We understand that for most Canadians, having a car is necessary to get to work, take the kids to school and buy groceries. That’s why our free, fast, no obligation auto loan service boasts 100% acceptance regardless of credit history,” said Justin Thouin, CEO of LowestRates Inc.
To get started, all car buyers have to do is fill out a simple and secure online application form to get their loan approval underway. LowestRates.ca’s car loan service then takes care of the rest by matching the applicant with a local lender or dealer as quickly as possible.
Interest rates are market competitive and the loans range in size from $5,000 to $40,000 depending on the applicant’s credit profile. Applicants will know how much financing they are approved for before they reach the dealer, eliminating the potential for hassle and embarrassment and making for a better all-around car buying experience.
“Our car loan service gets you approved for a loan before you buy, so you’ll know what you can afford, how much your monthly payment will be, and what kind of interest rate you’ll be charged, all up front. The process is clear, transparent, and above all, fair,” said Thouin.
Lowestrates.ca’s new car loan service comes about in part due to popular demand – of the hundreds of thousands of Canadians who have used the site’s car insurance comparison tool, many reported having trouble obtaining financing for their vehicle.
“Our users have been telling us for some time now that while finding the lowest rates on car insurance has gotten a lot easier, securing financing for their vehicles hasn’t. Our new car loan service is the next logical step in making the financial aspect of vehicle ownership as hassle free as possible,” said Thouin.
LowestRates.ca’s new car loan offering is just the latest step in the company’s ongoing mission to make the complicated world of personal finance simpler for consumers by connecting them with the right financial products and services quickly and easily – and all in one place.
About Lowest Rates Inc.
Based in Toronto, Canada, and founded in 2012, Lowest Rates Inc., through its websites LowestRates.ca and LowestRates.com, provides a free independent online service that helps consumers compare personal financial products offered by North America’s leading financial institutions. Lowest Rates Inc. helps people save time and money by allowing them to compare offers on mortgages, insurance and credit cards all in one place. Lowest Rates Inc. strives to become North America’s leader in providing consumers with the necessary tools and unbiased information they need to quickly and conveniently find the right personal financial products for their unique needs.
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Co-Founder & Chief Marketing Officer
Lowest Rates Inc