FAQS
Customer
How do I contact Axis Auto Finance?
You can contact us by text (226) 212-5106, Email axiscustomerservice@axisautofinance.com , or call us at 1-855-964-5626 Ext 302.
Can I make payments online?
Yes, you can pay online Click here to be directed to our online payment portal.
What methods of payments do you accept?
We accept: Credit or Debit cards, Money Order or Certified Cheques, Email Money Transfers, Branch Deposits, Cash.
Can I make extra payments?
Yes, your loan is 100% open. You can make extra payments anytime to save interest. Please use one of our convenient payment methods listed above, or contact our customer service team for assistance.
Does Axis report to the credit bureaus?
Yes, we report to Equifax monthly. Remember this is a great way to rebuild your credit, so it is important to make your payments on time!
Can I change my payment due date or payment frequency on my car loan payment?
Yes you can. We provide our customers with options when circumstances change. Certain rules apply. Please contact our customer service team for further information.
What if I have an accident?
You must contact your insurance company and Axis immediately.
If my contact information or banking information changes what should I do?
Contact our customer service department by text (226) 212-5106, or email us at customerservice@axisautofinance.ca , or call us at 1-855-964-5626 Ext 302. We will update your information.
Can I trade in my vehicle?
Yes you can! Please click here to complete the request. One of our experienced sales advisors will contact you to review your options. Certain conditions may apply.
Do you have a loyalty or referral program?
Yes, we have one of the best loyalty/referral programs in the industry. Please contact our customer service team for details.
What if I have mechanical or car issues, what do I do?
That’s a great question. We recommend that you speak directly to the Sales Representative that sold the vehicle to you. Confirm by reviewing your contract if you have any warranty protection as this may save you on any repairs covered by the warranty (if you purchased a warranty) Provide the sales representative with the details pertinent to the issue you are experiencing , this way they can provide you with guidance and next steps.
Dealer
What is the credit profile of a typical Axis customer?
Those with a credit score below 650, are new to the country, have difficulty proving income, limited credit info, a history of repayment issues, bankruptcy filings, consumer proposal (discharged or un-discharged) or other situations preventing financing by traditional lending sources.
How do I submit an application to Axis?
Applications may be submitted via Dealertrack, email, fax or through the Axis Auto Finance website.
How long does it take to receive a response to a submitted application?
We process applications within 2-4 hours of receipt, at which point we issue a response via Dealertrack, email, phone or fax.
What is the maximum age and mileage of vehicles that can be financed?
We finance vehicles up to a maximum of 10 years old and/or 185,000 km.
Company
What does Axis do?
Axis is a financial technology company changing the way Canadians buy and finance used vehicles. Through our direct-to-consumer portal, DriveAxis.ca, customers can choose their next used vehicle, arrange financing and get the car delivered to their home. Through its indirect loan origination channels, Axis continues to provide alternative used vehicle financing options to roughly 30% of Canadians (Source: Equifax) that have credit scores in the non-prime range. All Axis auto loans report to Equifax, resulting in over 70% of customers seeing a significant improvement of their credit scores.
What is Axis’ fiscal year end?
Our fiscal year end is June 30th.
How do I invest in Axis Auto Finance?
Axis Auto Finance is listed on the TSX Venture Exchange. Shares may be purchased and/or sold directly through public markets, or through a stock broker of your choosing.
When does Axis announce its earnings?
Axis Auto Finance announces quarterly earnings within 60 days of the end of each fiscal quarter, which are September 30th, December 31st, and March 31st. For the June 30th year end, results are published within 120 days of the year end, typically towards the end of October.
What is Axis’ ticker symbol, and where is the company listed?
Our ticker symbol is Axis. Axis Auto Finance is listed on the TSX Venture Exchange.