How It Works
Getting started with vehicle financing through YourApproval.ca is simple, secure, and takes just minutes. Here is how the process works from start to finish.
Complete the Online Application
Answer questions about your vehicle needs, employment, residence history, and trade-in (if applicable). The application takes approximately 2 minutes and can be done from any device.
We Review Your Information
Our team reviews your application and verifies your details. We do not pull your credit at this stage — that only happens with your consent if a participating dealer proceeds with a financing review.
Connect With a Participating Dealer
We match you with a participating automotive dealer that serves your area and can review your financing needs. The dealer contacts you to discuss vehicle options and next steps.
Explore Your Vehicle Options
Work with the matched dealer to explore available vehicles suited to your budget and financing situation. The dealer can walk you through available financing programs and terms.
What You Need to Apply
Having the following information ready will make your application faster and smoother:
- Personal information — full legal name, date of birth, contact details
- Employment information — employer name, occupation, income, employment duration
- Residence history — current and previous addresses for the past 24 months
- Vehicle preferences — type (car, truck, SUV), condition (new, used, either), budget
- Trade-in details (if applicable) — year, make, model, kilometres, VIN, condition
- Co-applicant information (if applying together)
Your Information Is Secure
Your application is submitted through a secure, encrypted connection. We do not share your information with unauthorized parties. Your Approval does not pull your credit when you apply — a credit check only occurs with your consent if a participating dealer proceeds with a financing review. Review our Privacy Policy for details on how we handle your information.
Frequently Asked Questions
How long does the application process take?
The online application takes approximately 2 minutes to complete. After submitting, our team reviews your information and connects you with a participating dealer, typically within one business day.
Does applying affect my credit score?
Your Approval does not pull your credit. A participating dealer may request your consent to perform a credit check as part of their financing review. We do not perform a hard credit inquiry when you submit your application.
What information do I need to apply?
You will need your personal information (name, contact details, date of birth), employment and income information, residence history for the past 24 months, and information about your vehicle needs or trade-in. Having this information ready makes the process faster.
Can I apply with bad credit or after bankruptcy?
Yes. Participating dealers consider a range of credit situations including bad credit, bankruptcy, consumer proposals, no credit, and limited credit history. We do not guarantee approval, but we connect you with dealers who can review your individual situation.
Ready to Get Started?
Complete our secure online application in approximately 2 minutes.
Start Your Application