Auto Loans Calgary

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Don’t worry if your credit is not so perfect; we have one of the best records in the city to getting you on your way to near perfect credit! We have helped thousands of people rebuild their credit, either coming out of a bad divorce, bankruptcy, collections, or no credit.


While it’s true that there are many financial institutions out there that won’t consider giving you a loan if you are in a bankruptcy or consumer proposal, it’s also true that there is less risk to a lender in giving you a car loan than there is in giving you a home loan. The fact is that auto loans are one of the best ways to rebuild your credit, and the finance specialists at Progressive Leasing can help.


As some Calgary-area drivers know, rebuilding your credit is never easy, but fortunately, one of the best ways to do it is with an auto loan. When you make your payments on time, a car loan can do wonders for your credit, rebuilding your standing even after bankruptcy or consumer proposal. Paying your loan on time will also make it easier to borrow money in the future.

Even so, some drivers around Calgary may be hesitant to pursue an auto loan. It’s not as scary as you think! Just consider the following.

The credit report summarizes all of your credit history in Canada. It will include your personal information such as your current and previous address, as well as employment information. It can also include bank account information, credit cards, bankruptcies, debt and a list of people or companies who made inquiries about your credit.


Your credit score indicates the risk you represent to banks compared to other consumers. Here are some factors that can affect your overall score:

  • How long you’ve had credit in Canada.
  • Your history of making payments on loans and credit cards.
  • Your outstanding debt (are you close to your limit?)
  • The types of credit that you are using (credit card, loans, etc…)
  • Any record of bankruptcies or collections.
  • The number of recent inquiries about your credit.

Yes and No, it depends on who is checking your credit and how many checks they do. If you check your credit with Equifax for example, no points will be deducted from your score. If another dealer checks your credit multiple times, it will affect your chances of getting approved. Please understand that a simple thing such as applying for a new cell phone or if you want to increase your credit card limit; will count as checking your credit but know that they need your consent first.

If you are trying to rebuild your credit, our advice is that you DO NOT apply for any phones or let anyone else check your credit until you speak with us first. The less inquiries that appear on your credit report, the more we can help you.


If you’d like to secure an auto loan from our dealership, you can start the process by completing the application below. We will contact you shortly after you submit your information to help you find a car loan that makes sense for your circumstances. If you have any questions, or if you would like to discuss the process in person, you can visit our dealership at 4053 Ogden Road SE, Calgary, AB or call us at (403) 718-0030 or (888) 900-7659

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New to Canada?

Congratulations, we are happy we can call you our neighbor and understand how frustrating it can be to get a car loan if you are new to the country, but don’t worry so much because we specialize in helping new immigrants settle in and build their Canadian credit score!

auto loans for all family

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