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Get Approved for Vehicle Financing in Campbell River

At North Island Nissan, we make sure to work with you to find the best plan possible for Nissan leasing or financing in Campbell River and Vancouver Island. For your convenience, you can apply for credit online, and you can count on getting quick pre-approval. We can get you the best rate and terms tailored to your needs, whatever your current situation--in fact, we offer the most successful services for second-chance credit in Campbell River and Vancouver Island!

Whether you're looking to buy a new Nissan, or are leaning towards a pre-owned vehicle, we have the specialists on site to get you the best car loan solution on Vancouver Island. We invite you to contact us online or give us a call at 250-287-7272 to learn more about our Nissan financing services in Campbell River.

Credit FAQ

Credit is essential for borrowing money. Your credit worthiness is rated by the three credit reporting agencies and FICO. The scores represent the likelihood that a person will repay their loans, and it's determined by a person's borrowing history and other variables. Below are answers to frequently asked questions about credit, credit reports, and credit scores. If you have additional questions, don't hesitate to contact our Finance Department.

A credit score represents your creditworthiness and it's used by lenders to gauge whether a person will make payments on time. Scores are largely based on your borrowing history. The most common type of credit score available to consumers is the FICO score, which ranges from 300-850. The higher the credit score, the more likely you'll be able obtain credit and/or secure a lower interest rate.

If you have less than perfect credit, don't fret; you're not alone. Millions suffer from bad credit for a variety of reasons. To improve your credit, start by getting reports from all three reporting agencies. This will shed light on what exactly is impairing your credit. Credit reports may contain inaccuracies you can correct to help get your credit back on track. Paying down high balances and paying on time will go a long way to improving your credit.

Credit scores range between 300 and 850. Typically, a good credit score is above 700.

The average credit score is 680. Anything below 620 is considered a poor score, or 'sub-prime.'

For those who already have a good credit score, rest assured that it's much easier to maintain a good score than to improve a poor one. Good credit can be maintained by adhering to healthy financial habits, such as making payments on time and shopping on credit only when it's absolutely necessary. Avoid making dramatic credit changes and don't close old accounts. How do I maintain a good credit score?

Credit Recovery

If it’s time to start rebuilding your credit and make a fresh start when it comes to your budget, your credit rating, and a new vehicle, a car loan is a very good place to start! When you are approved for an auto loan your credit will start to improve in as little as a year of making regular payments on time. Generally people go to a dealership, select a vehicle and then get approved for that vehicle. If you weren’t approved it’s generally because of an issue with credit (or other issues, which we also can help with).

Maybe you’ve experienced a job loss or family illness and that left you unable to make payments, so your credit report shows that you’ve made late or missed payments, or even defaulted on a loan. We understand that things happen in life, and it’s easy to be surprised, and have to make choices. We’re not here to judge, in fact the opposite: we’re here to listen to your situation, work with you to come up with a plan for credit recovery, and get you on the road to better credit!

At North Island Nissan in Campbell River, our team will work hard to get you approved, and into a vehicle that suits your wants and needs. Save time and start the preapproval process on-line with just a few clicks!

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