Success Stories

Read deep-dives into how we structured approvals for our most challenging files to get clients back on the road.

Case Study #1: The Double Collection (Mississauga)

The Situation: Client had two active accounts in collections and an R9 rating following an extended period of unemployment in 2022. Traditional banks issued an automatic decline. Credit score stood at 485.

Our Solution: We ignored the score and focused on the client's current job stability. Providing 3 months of solid pay stubs proving a $4,200/mo income, we matched the client with a specialized alternative lender who approved a $22,000 auto loan with $0 down.

The Result: The client took delivery of a 2018 Honda Accord the next day. 14 months later, after perfect payments, we refinanced the vehicle at a prime bank rate.

Case Study #2: The Active Proposal (Hamilton)

The Situation: Client was three years into a five-year consumer proposal. Their previous vehicle broke down catastrophically, and they needed a reliable truck to continue operating their contracting business. Total credit score was 510.

Our Solution: We sourced an exclusive lender who accepts undischarged proposals. We ran the DTI (Debt-to-Income) numbers factoring in the monthly proposal payment, proving the client had excess cash flow.

The Result: Approved for a 2020 Ram 1500 with $1,500 down to cover negative equity on the trade-in. The client's business resumed immediately.