Last updated: January 1, 2025 · Effective date: January 1, 2025
By accessing or using the CarFinance 101 website at carfinance101.com (the "Site") or submitting any inquiry or application through the Site, you agree to be bound by these Terms of Service ("Terms") and our Privacy Policy, which is incorporated herein by reference.
If you do not agree to these Terms, please do not use this Site or submit any information through it.
These Terms constitute a legally binding agreement between you and CarFinance 101 under the laws of the Province of Ontario and the laws of Canada applicable therein.
CarFinance 101 provides an online platform that:
Our service is provided free of charge to applicants. We earn revenue through referral fees paid by lenders when a successful match is made.
Submitting an application through our Site does not constitute a loan application with any specific lender and does not create any obligation on the part of any lender to provide financing.
To use our service, you must:
We reserve the right to refuse service to anyone at our sole discretion.
By using our Site and submitting information, you agree to:
Providing false or misleading information may result in your application being rejected and may constitute fraud under applicable Canadian law.
By submitting our application form and providing your express consent as prompted, you agree to receive:
This consent is provided in accordance with Canada's Anti-Spam Legislation (CASL). You may withdraw consent at any time by replying STOP to any SMS, or by contacting us at info@autofinancebrokers.com.
Standard text messaging and data rates from your wireless carrier may apply. Message frequency varies.
CarFinance 101 makes no representation, warranty, or guarantee that:
All loan approvals, rates, and terms are determined solely at the discretion of the lender and are subject to their underwriting criteria, your creditworthiness, income verification, and other factors.
The lenders in our referral network are independent third parties. CarFinance 101 is not responsible for:
Before entering into any loan agreement, we strongly encourage you to carefully review all terms and conditions, ask questions, and seek independent financial or legal advice if needed. You have the right under Ontario's Consumer Protection Act, 2002 to receive a written copy of any credit agreement before signing.
All content on this Site, including but not limited to text, graphics, logos, and code, is the property of CarFinance 101 or its content suppliers and is protected by applicable Canadian copyright and intellectual property laws.
You may not reproduce, distribute, modify, or create derivative works from any content on this Site without our prior written consent.
The Site and its content are provided on an "as is" and "as available" basis without warranties of any kind, either express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, or non-infringement.
We do not warrant that the Site will be uninterrupted, error-free, or free of viruses or other harmful components. We do not warrant the accuracy, completeness, or usefulness of any information on the Site.
To the maximum extent permitted by applicable Ontario and Canadian law, CarFinance 101 and its officers, directors, employees, and agents shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or related to your use of the Site or our services, including but not limited to:
Nothing in these Terms limits liability that cannot be excluded under applicable Canadian consumer protection law, including the Ontario Consumer Protection Act, 2002.
You agree to indemnify, defend, and hold harmless CarFinance 101 and its affiliates from and against any claims, liabilities, damages, losses, and expenses, including reasonable legal fees, arising out of or in any way connected with your access to or use of the Site, your violation of these Terms, or your submission of false or misleading information.
These Terms are governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein, without regard to conflict of law principles.
Any disputes arising under these Terms shall be subject to the exclusive jurisdiction of the courts of Ontario, Canada. You consent to personal jurisdiction in Ontario for the purpose of litigating any such dispute.
We reserve the right to modify these Terms at any time. Changes will be effective upon posting to the Site with an updated "Last updated" date. Your continued use of the Site after any changes constitutes your acceptance of the revised Terms.
We encourage you to review these Terms periodically. For material changes, we will make reasonable efforts to notify you.
If you have any questions about these Terms of Service, please contact us: