Frequently Asked Questions in Sudbury, Ontario

Your Most Frequently Asked Questions, Answered, by Palladino Lending Solutions

toy car sitting on some financing paperwork, along with some coins and a calculator

Given that we specialize in finding credit solutions—especially for people with credit problems—we tend to hear a lot of similar questions on a regular basis. Questions we’re more than happy to answer in person, at any time; however, we figured it couldn’t hurt to compile a list of some of the most commonly asked questions, along with their answers, for everyone to see. Because at Palladino Lending Solutions, we’re all about trust and transparency. Because we know that unforeseen problems can arise and leave anyone with credit issues, but we also know that there’s no reason you should suffer because of these issues. So read on and check out some of the most frequently asked questions our Sudbury financing team hears; and don’t hesitate to check back, as we’ll be certain to add more questions (and their answers) as they come up. So, without further adieu . . .

Is Palladino Lending Solutions right for me?

We might be biased, but yes! Palladino Lending Solutions is right for everyone. Because we work with everyone, regardless of their credit situation. Also, thanks to our proprietary iDealerPlus software, we can take into account your credit history to determine the best vehicle for your budget in our extensive inventory. In fact, iDealerPlus provides a better loan to value ratio at 96% than the competition (anywhere from 110% to 120%).

How do I qualify?

Here at Palladino Lending Solutions we work with all the major banks and credit institutions. That means we’re able to help you qualify, no matter your credit situation, thanks to our extensive network of lending institutions. We won’t take no for an answer in getting you approved. Simply use our safe and secure online credit application form—found here—to get the process started!

What services do you provide for me?

Palladino Lending Solutions covers everything you need to get behind the wheel of a new (or new-to-you) vehicle, by providing the following services:

  • Thousands of new and used vehicles 
  • Expert financial advice
  • Access to our 11 dealerships’ service departments
  • Complimentary credit checks

What is my interest rate going to be?

Interest rates are variable, depending on your credit history, and can range from 0% to as high as 30%. Of course, we’ll check every lender we can to ensure that you’re getting the best rate possible—and one that fits into your budget. After all, we’re all about finding solutions here at Palladino Lending Solutions.

What is prime?

Prime credit is the second highest credit rating available, just behind super prime. By falling into the prime credit category, you’re considered very low risk and you can qualify for a variety of lower interest rates and financing options. Of course, we realize that sometimes credit issues can arise, which is why we’re focused on helping our non-prime customers Return To Prime.

Where are you located?

Palladino Lending Solutions is located inside the Palladino BMW dealership, at 990 Kingsway in Sudbury, Ontario. Simply come inside and have someone at the reception desk point you in the right direction!

What kind of vehicles do you sell?

We’re incredibly proud of the huge variety of vehicles you’ll have access to at Palladino Lending Solutions. Our vehicle inventory is comprised of the 11 different dealerships under the Palladino Auto Group umbrella, which has proudly served Ontario for almost 50 years! So whether you’re looking for a reliable Honda or something more luxurious, you’ll find it in the Palladino inventory. Start browsing today.

I need a new car. Where do I start?

Buying a vehicle is a major investment, but it doesn’t have to be a scary one. Check out our blog post here on how to buy a new or used vehicle, and you’ll be prepared to start your vehicle buying journey. Of course, we’re always happy to answer any questions you may have or help in any way—just give us a call!

How are you dealing with COVID-19?

2020 brought forth a huge number of challenges to everyone, not just those in the automotive industry. With that being said, here at Palladino Lending Solutions we’ve always been about finding solutions—it’s right there in our name! We’ve gone out of our way to ensure our customers’ safety, ensuring that every aspect of our dealership experience meets or exceeds the standards set by both the Ontario and federal government, from enhanced cleaning measures and social distancing protocols, to an improved online experience. Check out our blog on buying a vehicle in a pandemic here, to learn more about some of the reasons and benefits related to buying a vehicle at this point in time.

Contact Us Today

Let the team at Sudbury’s Palladino Lending Solutions help you find a solution to your automotive needs, regardless of your credit history. If you have any questions about what we offer, or how we can help, simply give us a call or click the button below to begin the pre-approval process for your next vehicle!