Blog

Bad Credit Loans Newmarket Ontario Provides Loan Solutions for People with Poor Credit Scores

Dec 23, 2015

Are you tired rejected loan applications?

If your loan applications are being rejected because of your poor credit score, you may want to stop applying for traditional bank loans. No matter how many times you apply for a loan from a bank, the likely outcome is that you’ll be rejected over and over again if your credit score is poor.

What is the solution to your poor credit score?

Bad credit loans provide people with the opportunity to apply for a loan regardless of their poor credit score. If you’ve been struggling to get a loan approval from a bank, a bad credit loan may be just the solution you’ve been hoping for.

How to apply for a bad credit loan

There are many types of bad credit loans. Car title loans, for example, are a type of bad credit loan that lets you use the equity of your vehicle as collateral to take out a loan. To apply for a car title loan, all you need are a fully owned car with a lien free title, a valid driver’s license, and proof of permanent residence. Credit checks will not be necessary for a car title loan application because your maximum loanable amount will be determined only by the current true market value of your vehicle.

Keep possession of your vehicle throughout the entire loan term

When you apply for a car title loan, you will not be stripped of the convenience of owning your own vehicle. Keep driving your car throughout the entire loan term.

With Canada Loan Shop, There’s no need to worry about your loan application being rejected. You are assured a loan of up to $65,000.00 as long as you have the minimum requirements needed for the application. To find out more, just call us now at our toll-free number 1-844-572-0004 or apply online.

How It Works

What Is a Title Loan? A car title loan can be a fantastic way to solve short term cash needs by using your vehicle to borrow money rather than with your credit score. The amount you are able to borrow is based your vehicle's value and condition, your individual loan needs, and your ability to repay.

Read More

Contact Us

Read More
  • Application
  • Speak with us
  • Get cash