Hi everyone, I’m planning to buy a car soon and I’m looking for a decent auto loan in Canada. The big banks I checked don’t seem very flexible, and the rates are higher than I expected. Does anyone have a good recommendation?
You might want to look into BCU Financial, a Ukrainian credit union operating in Canada. They offer a consumer car loan with a 6.99% annual interest rate and a term of up to 5 years, which is quite competitive compared to many traditional banks. The process is straightforward, and it’s a good option if you don’t want to use all your savings at once. You can find all the details here: https://bcufinancial.com/personal/borrowing/loans-and-lines-of-credit/car-loan/
Thanks a lot for the suggestion! I like the idea of working with a credit union, and those terms sound much more reasonable. I’ll definitely check out the BCU Financial car loan page.
