WHAT IS NEEDED

Auto financing documents: Which docs to use and why

At Cardora we’ll need some documents from you to make the process go smoothly. Learn more about these documents and why we need them.

FINANCE WITH CARDORA

You could save thousands
of dollars on your car
loan *

What would you do with extra money in your wallet each month?

EASY PROCESS IN 6 STEPS

An easy way to finance your
Car

Transparent financing that could put money back in your wallet, with offers from our network of trusted lenders.

STEP 1

Employment & Income

You will need to have been employed at your current job for at least three months. Additionally, you must make at least $1800 per month. Other forms of income may also be accepted by some lenders.

STEP 2

Driver’s License

You will need to have a valid driver’s license. This is because lenders know that customers are more likely to pay back their car loan if they can legally drive.

STEP 3

Bank Account

You will need to have a bank account. The lender will want to be able to take the payment out of your bank account each month. The easiest way to do this is to get a void cheque or stamped pre-authorized payment form.

STEP 4

Down Payment

Although it is not always necessary, a down payment can often help your chances of getting a loan. The less you have to finance, the more likely the lender will be to approve your loan.

STEP 5

Current Address

In order to complete your loan documents, you must provide the lender with your current address along with address details including your monthly rent or mortgage payment.

STEP 6

Contact Details

You will be required to provide your full name, date of birth, phone number and email address to apply for a car loan.

FINANCE WITH CARDORA

They got my interest rate cut by half and my monthly payment reduced by $70 a month.

What would you do with extra money in your wallet each month?