Car Corner Student Car Loan
Car Corner is the place to go for a student car loan and a quality used car. Our loans for students come with guaranteed credit approval on our in house financing. We also offer student buyers reasonable rates on a car loan. Located in Edmonton, Car Corner should be your first choice for a student car loan.
We realize that being a student these days isn’t cheap. Tuition fees and student loans add up and everything seems to be getting a lot more expensive. We also understand that students are critical to the future of our country. This is our attitude when we approach a student car loan.
Car Corner has been financing car loans to students for a long time. With our in house financing there is no bank approval required because we are lending our own money. We are the bank. This is why we can offer guaranteed credit approval on your student car loan.
Be prepared for your Car Loan
One of the major obstacles to a student car loan is determining what the student can actually afford to pay monthly. At a minimum do a rough budget before applying for any car loan.
When calculating what you can afford for payments, be sure to add in insurance, gas and regular car maintenance. If a new used car is going to create more income then calculate what the realistic increase in income will be. These are the type of answers you will need when applying for a student car loan.
Being pre approved for a car loan has advantages
One situation to avoid is applying for financing on a car you clearly cannot afford. This will show up on your credit bureau report as an enquiry. Do this a few times and other lenders may consider you to be a credit hound, which is a person who has little self-control when it comes to loans. Multiple credit enquiries may affect the interest rate on a student car loan.
The main advantage with being pre approved for a loan is that you know what car price range you can afford and the monthly payment range before you start looking for a car. Being pre approved saves a lot of time and grief. Knowing you are already pre approved means you can concentrate of the used car you are buying instead of worrying about being approved for a student car loan.
Give us a call and a Car Corner professional would be please to get you pre approved for a car loan. You can also use our fast credit application for a student car loan.