Frequently Asked Questions

What is a co-signer?

A co-signer is a person that agrees to join the primary borrower in being responsible for the payment and loan obligation. All co-signers are fully responsible for payment just as the borrower is. You may benefit from using a co-signer if that co-signer strengthens the credit worthiness or ability to pay.

What is my payoff?

Contact our office at 1.855.535.2625 Ext 101 see exactly what your payoff is on your auto loan, your most recent transaction balance is not your payoff, is may be very close but is not exactly your payoff.

Do I require automobile Insurance?

Full coverage is required with Canadian National Auto Loans as lienholder for as long as CNAL has a registered lien on the vehicle.