Credit Information

What is Bad Credit?

Bad credit, typically referred to as subprime credit or poor credit, can be caused, and influenced, by a number of factors. Although the three main credit bureaus, Equifax, Experian and TransUnion have different qualifications, the typical estimated ranges are below:

  • Excellent credit: 740 to 850
  • Good credit: 680 to 740
  • Acceptable credit: 620 to 680
  • Subprime credit: 550 to 620
  • Poor credit: 300 to 550

Things that can affect your credit rating can include, but are not limited to, late or missed payments with a creditor, bankruptcy, foreclosure or defaulting on a loan, little or no credit history, too much existing debt, or having no assets that could serve as collateral.

Let's face it - bad credit isn't fun, and most of us have been there at some point in our lives, but regardless of your credit score or being labeled as having bad credit, our team is here to help you find the best auto loan to fit your situation.

Bad credit doesn't mean you're a bad person. Many of us all been there, and getting a loan for reliable transportation is not only important, but could also help improve your credit. CMP Automotive Ltd. is here to help find you the best Subprime auto loans in the Calgary, Alberta area.

  First Time Car Buyers

If you're in the market to purchase your first car, truck or SUV, in the Calgary, Alberta area, stop in and see us at CMP Automotive Ltd. and let us show you how we can help you get your first vehicle financed. We are your local dealership and will work with you and national lenders to help you get the best deal.


Although we all understand bankruptcy is one of the toughest situations to be in, it's not the end of the world! We at CMP Automotive Ltd. understand that bad things happen to good people. And we're here to help you at least get into reliable transportation that helps you get to and from the places you need to be. Our goal is to make this as simple and as comfortable a process as possible. You can start the pre-approval process here, or give us a call at one of the locations below and tell us your story. We will listen, and do our best to help!

Let us Help!

Regardless of your current credit situation, we want to make sure that we can get you into the best vehicle as possible for your needs.  Stop by today and see us at CMP Automotive Ltd. or give us a call at (403) 207-1000 to let us work with you to make your dream vehicle happen!


CMP Chevrolet Cadillac Buick GMC

1313 - 36th St. N.E.
Directions Calgary, AB T2A 6P9

  • General: 403-207-1000
  • Service: 403-207-1020
  • Sales: (403) 207-1011
  • Parts: 403-207-1002


  • Monday 8:00 am - 9:00 pm
  • Tuesday 8:00 am - 9:00 pm
  • Wednesday 8:00 am - 9:00 pm
  • Thursday 8:00 am - 9:00 pm
  • Friday 8:00 am - 6:00 pm
  • Saturday 9:00 am - 6:00 pm
  • Sunday Closed