Personal Finance

General Bank of Canada Review

  • Last Updated:
  • Nov 27th, 2019 1:41 am
[OP]
Newbie
Dec 4, 2011
98 posts
3 upvotes
Toronto

General Bank of Canada Review

General Bank of Canada: has anyone had experience with them for either a mortgage or auto loan?

I’ve not heard of them in the past and haven’t found RFD reviews for them?
3 replies
Deal Fanatic
Jul 1, 2007
8341 posts
1336 upvotes
As I understand, they only do auto and plane financing and sell GICs to obtain that capital they lend out. They were founded by an Edmonton car dealership, initially purely for auto loan financing.
Money Smarts Blog wrote: I agree with the previous posters, especially Thalo. {And} Thalo's advice is spot on.
Newbie
Apr 22, 2017
17 posts
1 upvote
I used them for a car loan in Alberta and haven’t had any issues
Newbie
Dec 13, 2019
4 posts
Hey OP

My name is Tie from Capital Cars. I understand you were wondering about General Bank, as mentioned in previous post the mostly only work with Car Financing, however in terms of credit criteria they are primarily looking with people with very strong credit (ie. have a mortage)

Tie
Capital Cars

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