Once I pay off my consumer proposal, am I able to obtain credit for the purchase of a new vehicle..

Posted from: Manitoba

One Response to “Ms.”

A licensed trustee said...

You may apply for credit to buyt a new vehicel during your proposal if you want to, so yes, you may apply when your proposal has been completed.

Whether or not you will be approved for the loan will depend on your income, the size of the loan and how you have conducted yourself during and after your proposal (for example, have you bounced any cheques).