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Based on 331 reviews
July 15
Auto Insurance
I was looking for an insurance rate that would help me save money, I did a Googl...
Louise Beaton
July 7
Great and honest service !!!
Meaghan Ford was amazing with her service and very patient in explaining all the...
Zee Sajid
July 1
excellent service
excellent service
An Luu
June 22
Highly recommended
Excellent customer service. Was very patient and answer my customers toughly. Fo...
Karan Parmar
June 18
Chelsea was very helpful
Chelsea was very helpful, answered all my questions and set me up hassle free. S...
June 11
Very nice broker
Very nice broker. Good service. Found a great deal.
Meredith Berggren
June 9
Simple, fast, affordable!
Took a little longer than expected for the billing to go through, but otherwise...
Jonathan C
June 5
Awesome work
wow what an awesome rep. He did up everything, extremely fast and was very under...
Delroy Paul
June 4
It was a pleasure dealing with your…
It was a pleasure dealing with your broker, it made switching insurance companie...
Michael Sheridan
May 27
Excellent customer service
This is the first time I got insurances from Direct Rate.I have nothing but good...
Tejas Patel
May 26
Quick service
Quick service, good price
May 22
Imad Harrouk was great !
Imad Harrouk was great ! intelligent well spoken professional polite a perso...
james bannon
May 21
Imad Harrouk helped me get the best…
Imad Harrouk helped me get the best home and auto bundle insurance quote. He was...
Amanda Moskowitz
May 20
Excellent !!! Very competitive rates !!
Excellent customer services also they have very competitive rates !!
Eliza Gallant
May 20
Excellent Service
Sonia was patient with all of my questions, helpful and cheerful through the ent...
Cori Thompson
May 18
I was treated fairly and walked through…
I was treated fairly and walked through my purchase.I enjoyed the agent was exce...
paul neville
May 14
Highly recommend
Great experience, simple to use and they gave me a lot of options at prices that...
Chandra Wilson
May 11
Easy, clear and fast. Very effective.
Rene Izquierdo de la Cruz
May 6
Sonia was very helpful and nice…
Sonia was very helpful and nice throughout the whole process. She got me the bes...
Ali Al-Rubayee
May 6
Very friendly and professional
Very friendly and professional. She always try to help. Really appreciate.
Binod Shrestha
May 5
He was so amazing
He was so amazing. He went out his way to help me. He deserves a raise Very po...
Shahin Abbaskhan
April 27
Great rates!
Ryan was very helpful and polite.He went all out to find me the best rate. He wa...
Linda Shelton
April 22
The service was excellent
The service was excellent. Emad provided awesome service for me.
John Bowden
April 19
Fast and professional customer service
Fast and professional customer service. All of my questions were answered and I...

How it works. Hint: It's free!

  1. Enter your information.
  2. Get matched with a dealership and get approved for a loan.
  3. Choose a vehicle from the dealership offering you a loan.

Get approved for a car loan in Edmonton. Just like that.

Edmonton is a big city, and getting from one place to another usually means hopping in a car and driving. That’s where our car loan service comes in: we help Edmonton drivers get the financing they need to buy a vehicle, even if they have bad credit or no credit.

Our auto loans in Edmonton are really easy to apply for: just provide us with some basic information to get started (no social insurance number required), and we’ll match you up with a lender or dealer in your neighbourhood.

We can help you even if you have:

  • Bad credit.
  • No credit.
  • Good credit.
  • Late payments.
  • Repossession.
  • Collections.
  • A bankruptcy.
  • A divorce.
  • New Canadian status.

Edmonton car loans made easy.

We’re proud of the car loan service we offer. Here’s why applying for a car loan online through is the better way.

Your Edmonton car loan questions, answered.

I missed some of my bill payments when the economy turned down last year. It hurt my credit history — can still help me find a car loan?

Yes. Our lenders and dealers will work with applicants who have bad credit or no credit. In fact, that’s their specialty.

I recently arrived in Edmonton from another country. Will I qualify for auto loan financing?

Yes. As long as you meet some very basic minimum financial requirements, we’ll get you approved for a loan.

What are the minimum requirements needed to be approved for a car loan on your site?

You must be employed, be 18 years of age or older, make $1,500 per month, have a driver's licence, and be a Canadian resident.

How much sales tax will I have to pay?

Sales tax in Edmonton is 5% (GST) on new and used vehicles.

What factors affect the size of my monthly car loan payments?

The length of your loan, the amount of your loan, and the interest rate on your loan all affect your payment.

Once you’ve decided on a vehicle, the length of your loan is usually the factor you’ll be able to influence the most. Choosing a longer loan term will lower your monthly payments dramatically.

Here’s an example. This is what your payments would be over different periods of time on a $14,000 car loan with an interest rate of 8%:

Monthly payments on a $14,000 car loan (at 8% interest)

Length of car loanCar loan payment
24 months$633
36 months$439
48 months$342
60 months$284
72 months$245
84 months$218
96 months$198

I live just outside of Edmonton and don’t have access to a car. Are there any lenders or dealers near me?

Yes. Our Alberta car loan network operates throughout the Greater Edmonton area, so you won’t have to travel far to get your loan.

About our auto loan network.

  • It's nationwide, servicing all provinces.
  • It's a free, fully secure, no obligation loan service.
  • It provides car loans that range from $5,000 – $40,000.
  • It offers market competitive interest rates, speedy approvals, and affordable payments.
  • It boasts a 100% acceptance rate, even if you have no credit or bad credit.

Edmonton car loan tips

Know your budget

Secure your auto financing before you shop for a new vehicle in Edmonton. That way, you’ll know exactly how much vehicle you can afford.

Go for a shorter loan

See what your payments would be on a 24, 36, or 48-month loan when you talk to your lender or dealer. Short loans save you money on interest.

Buy from a licenced dealer

Dealers in Edmonton are required to follow various rules and guidelines put in place by the Alberta Motor Vehicle Industry Council.

Get a Mechanical Fitness Assessment from the dealer

Licensed dealers must issue a Mechanical Fitness Assessment (MFA) report prior to selling a used vehicle. The MFA gives passing or failing grades to over 60 vehicle components, including the lights, steering, brakes, and suspension system. The MFA is valid for 120 days from the date of assessment.

Edmonton car loan facts

  1. Edmonton drivers enjoy the shortest commute times of any major Canadian city, at just 23 minutes.
  2. Edmonton has one of the oldest dealer networks in Canada. The Edmonton Motor Dealer Association was founded in 1935.
  3. Edmonton’s vehicle records show that nearly 700,000 cars and trucks are registered within city limits.
  4. Before the recession, more new vehicles were sold per capita in Northern Alberta than anywhere else in Canada.

Edmonton car loan myths

  1. Longer car loans are better because the monthly payments are lower. False. Longer loans will cost you more money on interest. You also run a much higher risk of being ‘underwater’ on a long-term car loan, where your vehicle is worth less than the amount you still owe.
  2. Bad credit auto loans are only available downtown. False. Our network of lenders and dealers operates throughout the City of Edmonton and surrounding suburbs. Whether you live in Sherwood Park, Spruce Grove, or St Albert, you’ll still be able to get a car loan through our site.
  3. Dealers in Edmonton can advertise vehicles for sale that are not actually available. False. Dealers are required by the Alberta Motor Vehicle Industry Council to have all vehicles they advertise be available on the lot at the time the ad is published.
  4. Bad credit auto financing is only available for economy cars. False. Despite tough economic times in Edmonton, if you have steady employment and a significant monthly income, you’ll be approved for a loan on a very nice car or truck. The lenders and dealers in our network provide car loans up to $40,000.

Car loan news

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