I live in ontario and currently hold a credit score of 649. Will this be strong enough to successfully get financed? I have no credit cards and only have a truck payment as debt with a good paying, solid job

 

Without knowing (or needing to know) your credit history, I'd say you should be able to get a loan by that rating. Your current credit to debit ratio, job history and current income will also play a large roll in the approval.

The thing to watch for is the interest rate and terms of the loan.

Is there a credit union nearby you can join? You may have to open an account there firts, usually a minimum of $25 or more here. Better rates and service can be expected from there vs using a credit card/loan from an unknown source.

 

My credit to debt ratio is very low. I only pay 500 out of my 3000 a month so there isn't anything else that my money goes towards other than the obvious.

 

Ask the Editors: Is My Credit Score High Enough To Finance An ATV? | ATVConnection.com