• Preowned

Bonnybrook Auto Sales & Service

244 - 40th Ave NE
Directions Calgary, AB T2E 2M7

  • Sales: 1 (866) 638-3025
  • Service: 1 (888) 346-0596

Obtain No Credit Financing in Calgary from Bonnybrook Auto Sales & Service



New to Canada, need a car loan but you keep getting rejected, because you have NO CREDIT HISTORY? Bonnybrook Auto can help you get an auto loan with no credit in Calgary, although you do have the minimum credit score or no credit history we can still get you your first Canadian auto loan.

What makes us different? Why get a loan with no credit from Bonnybrook Auto?

While most major banks or new car dealerships would say to new immigrants they have no credit history so they cannot get the auto loan, even if they have a significant amount of down payment, Bonnybrook Auto would say "you are approved for a No Credit Car Loan in Calgary". We understand that no credit history simply means that you have no credit records in this country, this is a big red flag for most lending institutions since they have no idea if you are a good client that will pay them back on time and therefore unwilling to take a chance on your loan. Don't worry we will take that chance with our No credit lending solutions available at Bonnybrook Auto.


At Bonnybrook Auto we are not like the major financial institutions, we are affiliated with private investors who have all been in your position. We are able to provide and specialize in high risk car loans with a lower approval requirement than the banks. This would also help you to build credit in Canada, since all of our no credit auto loans are reported back to the credit reporting agencies so that you will be building your credit score with each car loan payment you make.

Requirements for NO CREDIT AUTO LOAN

  1. You must be employed for at least 3 months

  2. Proof of income (pay-stubs, letter of employment)

  3. Valid Canadian License or International License

  4. Proof of Address (utility bill, driver's license)

For more financial services offered click here

You can also fill out our Online Credit Application.


"In finance, subprime lending (also referred to as near-prime, non-prime, and second-chance lending) means making loans to people who may have difficulty maintaining the repayment schedule, sometimes reflecting setbacks such as unemployment, divorce, medical emergencies, etc. Historically, subprime borrowers were defined as having a FICO scores below 640, although "this has varied over time and circumstances."

These loans are characterized by higher interest rates, poor quality collateral, and less favorable terms in order to compensate for higher credit risk..."

"Proponents of subprime lending maintain that the practice extends credit to people who would otherwise not have access to the credit market. Professor Harvey S. Rosen of Princeton University explained, "The main thing that innovations in the mortgage market have done over the past 30 years is to let in the excluded: the young, the discriminated-against, the people without a lot of money in the bank to use for a down payment."""

- Wikipedia.org