Consumer proposal

Auto Loan during or after a Consumer Proposal

A consumer proposal should not deprive you of mobility. Prêt Auto Québec works with lenders who understand and accept this type of file — during the proposal or after its completion. We find solutions where others refuse.

Consumer proposal — a profile often better perceived

Unlike bankruptcy, a consumer proposal is often perceived as a responsible act by lenders.

Viewed favorably

The proposal shows your seriousness about settling your debts

Legal protection

The proposal protects you from creditors while it is in effect

Double benefit

Pay off your proposal AND build your credit at the same time

Fast process

Approval in 24-48h with our specialized lenders

During an active proposal

If you are currently in an active consumer proposal and keeping up with your payments, we can submit your file to our specialized lenders.

  • Proposal payments up to date (essential)
  • Demonstrable stable income
  • No trustee authorization required (generally)
  • Used vehicles and some demonstrators
  • Simplified process with our partners

After completion

Once your proposal is completed, your profile becomes even more attractive to lenders. You have shown your ability to honor your commitments.

  • Access to more lenders
  • Improved interest rates
  • Higher financing amounts
  • Wider vehicle selection

Documents generally required

Our advisors will guide you on the documents specific to your situation.

ID

Valid driver's license or provincial ID card

Proof of income

Last 3 pay stubs or notice of assessment

Proof of residence

Utility bill or lease in your name

Proposal agreement

Document from your trustee confirming the proposal

Proof of payments

Statement of payments made under the proposal

Bank statements

Last 3 months to demonstrate your financial management

Frequently asked questions — proposal and auto loan

Consumer proposal auto financing — our expertise

A consumer proposal is a legal tool that lets you repay a portion of your debts while protecting you from creditors. At Prêt Auto Québec, we have developed partnerships with lenders who fully understand this context and are ready to support you.

Getting an auto loan during a consumer proposal is not only possible, but can considerably speed up rebuilding your credit. Every on-time car payment, combined with your proposal payments, shows credit agencies your financial commitment.

Consumer proposal? You deserve a vehicle.

Submit your application today — our specialists will review your file without judgment, within 24h.

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