EasyPay is a flexible vehicle financing solution that lets you spread out the cost of repairs, maintenance, and upgrades. We offer two convenient loan types:

• Asset-Based Loans – Based on your vehicle’s wholesale value
• Credit-Based Loans – Based on your credit score

No upfront payments are required, and you can tailor your repayment schedule to match your income cycle.

• You must be a resident of Canada and of legal age in your province
• For Asset-Based Loans, your name must appear on the vehicle registration
• For Credit-Based Loans, anyone can apply regardless of vehicle ownership

All EasyPay loans are provided by:

• Approved based on your vehicle’s wholesale value (via Canadian Black Book)
• No credit check or income verification required
• Ideal for clients who prefer not to have their credit score accessed

• Approval and interest rate based on your credit score (via Equifax)
• Anyone can own the vehicle – you do not have to be the registered owner
• Best for clients with strong credit who want to reduce interest rates and monthly payments

EasyPay loans can be used for:

• Vehicle repairs and maintenance
• Tires, rims, lift kits, and accessories (if installed)
• Insurance deductibles

Note: Over-the-counter purchases without installation are not eligible.

Pre-approvals are provided instantaneously as part of our secure online onboarding process. Once you submit your application and required documents, you’ll receive your approval the same day – often within minutes.

All required documentation is collected seamlessly as part of our secure online onboarding process. Here’s what you’ll need:

• Copy of your Driver’s License.
• Confirmation of your deposit account, which is set up electronically by securely linking your bank account to the loan.

• Copy of the Vehicle Ownership (Registration).
• Copy of your Insurance Slip (required if you live in Ontario).

For both loan types:

• Minimum loan amount: $500
• Maximum loan amount: $10,000 (subject to credit approval or vehicle value, depending on the type of loan applied for)

• Interest rates range from 9.99% to 21.99%
• 9.99% rate is available only for loans under $3,000 with a 12-month term
• One-time fee of 3% to 6% of the loan amount, included in your financing
• No upfront payments required

• Fixed interest rate of 24.99%
• One-time setup fee starting from $99.95, also included in the loan

• We always obtain your explicit consent before performing any credit check
• A soft credit check is conducted for all applications
• A hard credit check may be required based on your credit score and selected loan term
• Your identity is securely verified using Plaid’s Digital ID Verification

One hard check does not damage your credit – and the benefits of approval often outweigh this short-term change. A single hard check usually lowers your score by only a few points and the effect is temporary (typically less than 12 months). However, many hard checks in a short period can have a larger impact.

Most hard checks remain visible for up to 2 years, but their impact on your score usually fades after 12 months. Even while a hard check appears on your file, it generally plays a small role in future lending decisions compared to your overall payment history.

Yes – it’s possible. A soft check provides a preliminary view of your credit profile, but it doesn’t include all the details that appear in a hard check. During a hard check, lenders may see additional information such as recent credit applications, higher levels of debt, late payments, or records of major delinquencies or bankruptcies. These details can sometimes change the final decision. A soft check is still a great way to gauge your chances without affecting your score – and if the decision changes, your vehicle may still qualify for a loan.

An Asset-Based Loan may be your best option. It requires no credit check, and approval is based solely on the wholesale value of your vehicle.

• Choose biweekly or monthly repayment options
• Customize your payment dates to align with your pay schedule or income cycle
• No penalties for early repayment or lump sum contributions

Yes! You can hold up to three active EasyPay loans at any time.

Yes. You can repay your loan in full or make additional payments at any time, with no penalties or fees.