Frequently Asked Questions

Where is professorcredit.net located?

We are located in Gananoque, Ontario: Gananoque Chevrolet. We deliver vehicles FREE OF CHARGE to anywhere in Ontario, and Quebec, and we will deliver anywhere in Canada for a small transportation fee.

Do you finance motorcycles, boats, ATVs or RVs?

No.

Are there any fees with Professor Credit's Program?

There are absolutely no fees for this service.

Who should use ProfessorCredit.net?

Anyone who would like to purchase a vehicle, regardless of your credit history. It doesn't matter what type of credit you may have: Excellent, Damaged, or No credit rating at all. We will give you the opportunity to obtain a new or certified pre-owned vehicle at a very competitive price.

If I am bankrupt, divorced or seasonally employed can I obtain financing for a vehicle at competitive rates?

Absolutely! At Professor Credit we work with a wide array of banks and financial institutions that work with bankrupt, divorced, and seasonal workers.

I have great credit. Can I get a direct loan for a private purchase or to "pay cash" at another dealership.

Unfortunately, no. All vehicles must come from our Gananoque Chevrolet dealership. We have found that this is the only way that we can guarantee that you are getting a quality vehicle. We currently have 65 used vehicles in our inventory and a used vehicle database of 33327 vehicles. We are sure that we can find a vehicle that fits your personal needs.

I do not have excellent credit...how can Professor Credit's Program help me?

Almost 80% of all adults have at least 1 black mark on their credit report. If you do not qualify for a direct loan, our national dealership network can provide you with a loan or a lease on a new or newer vehicle. We have thousands of new and used vehicles available and are experts in obtaining you the financing you deserve.

I need a second car with a low monthly payment. Can I find a late model car that will have a low monthly payment?

Yes. Professor Credit's Program has great dependable cars with finance programs that can keep your monthly payments low!

What model years can I purchase?

You may qualify to purchase any vehicle on our lot including this year's models.

Can I use my existing vehicle as a trade in?

Absolutely!

Is the information that I submit on Professor Credit's Program secure?

Absolutely! Our web site uses an Internet company just for Automotive Dealers called Aged Stock Dealer Services with a secure certificate from Thawte, so when you hit the submit button the information that is being transmitted is encrypted.

Who will have access to my personal information?

See our privacy policy

What are the interest rates for my car loan?

Your interest rate is influenced by several factors; whether the car you want is new or used, the amount of your down payment, your credit history, and the term of your loan. Your credit specialist will explain to you the details.

What is the procedure?

Simply fill out the secure online application and leave the rest to us.

How long does the process take?

Most customers are contacted within 60 - 120 minutes during regular business hours.

Will I be approved for a loan?

We cannot answer this question without first getting all of your information. You must currently have an income and if you have been bankrupt, you must be discharged.

Do I need to have a down-payment in order to obtain a vehicle?

In many cases it may be possible not to have to put any cash down at all. However, you may need to have between $500.00 and $1000.00 to put down as a deposit, and the more money that you initially put down, the better the terms and rates that we can offer you.