FREQUENTLY ASKED QUESTIONS

About Us

Who Is Dilawri Auto Credit?

Dilawri Auto Credit is an Internet-based finance company for auto loans. We specialize in financing and servicing auto loans for customers with less-than-perfect credit.

In what Canadian provinces is car loan financing available?

We offer financing in select provinces. We mainly offer our services to consumers in the province of Ontario. Our customers primarily come from areas around Ottawa, Kanata, Orleans, Barrhaven, Gloucester, and Nepean in Ontario.

Do you offer special finance rates?

Yes. We give qualifying customers the opportunity to lower their payments by selecting lower rate plans. Apply now.

Do you offer leasing?

Yes, leasing is available on new vehicles, depending on your approval, or O.A.C.

Do you finance RVs, trailers or motorcycles?

No. We only offer financing for automobiles typically found an car dealerships, such as cars, trucks, SUVs, and vans.

How do I know my application is secure?

The information you submit in your credit application is protected and encrypted along the way. Specifically: SSL 3.0, RC4 with 128 bit encryption (high); RSA with 1024 bit exchange. Certificates are issued by public companies certified as safe by all major web browser vendors including Microsoft and Google.

How do I apply for financing through this website?

Apply online using our secure application.

When should I apply?

You should submit your secure online application to us when you are ready to buy a car. You will receive a loan decision very quickly. Approvals are valid for 30 days.

How much should I apply for?

We recommend researching the price of the vehicle you are looking to purchase. Remember to apply for greater than the actual value cost of the of the vehicle, to allow room for tax, title, licensing, and other value-added products such as GAP or an extended service contract.

Can a co-borrower be part of the loan?

Yes. We may be able to include an additional borrower on the loan.

How soon will I know if my loan application is approved?

Often much faster, but it may take up to 72 hours or longer.

Concerning The Loan

What if I have less than perfect credit or a bankruptcy?

Dilawri Auto Credit offers a range of products to meet the needs of customers across the credit spectrum. If you have less than perfect credit, we will work to approve you, along with our lending partners. You must submit a complete credit application to initiate the lending process. Please apply at Dilawri Auto Credit.ca to get started.

What type of auto loan can I get?

Dilawri Auto Credit offers auto loan financing for the purchase of a new or used vehicle from a dealer in Ontario.

How much can I borrow?

The maximum amount you can borrow is based on your several factors. Key factors include your current income, financial obligations and credit history.

What rates do you offer (APR)?

The annual percentage rate (APR) for a loan is based on the information contained in your loan application and other information provided by credit reporting agencies.

I see ads for rates as low as 0% APR. Do you offer rates like this? If I can get special rate financing at the dealership, why should I finance my vehicle with Dilawri Auto Credit?

Special rate programs can be attractive if they are offered for the vehicle you want and have the appropriate terms. However, sometimes these loan terms are restrictive and only available to the very best credit customers. We offer competitive rates specifically designed to help customers with less than perfect credit purchase a vehicle. Also, dealers may offer cash rebates as an alternative to a lower interest rate.

What terms do you offer (months)? What if I want a shorter term?

Our approvals are structured with the longest term possible. If you wish to pay the loan back sooner, you are free to do so. The loan is a simple interest loan and carries no penalty for early payment.

How is interest calculated?

The amount of interest depends on the interest rate, the amount of money borrowed (principal) and the length of the time the money is borrowed. The formula for calculating simple interest is: Interest = Principal x Rate x Time. You can pay off the loan whenever you want without a penalty. Also, any extra payment applies to the principal.