Why you shouldn’t apply for traditional bank loans when you’re in a hurry to acquire cash
Traditional bank loans can be a very frustrating and tedious experience if you apply when you are in dire need of cash. This is because bank loans require you to acquire and submit numerous documents to prove that you are capable of paying off your loan. Also, without a good credit score and a substantial credit history, your bank loan application will most likely be declined.
Is it possible to apply for a loan with a bad credit score and a lack of credit history?
When you apply for a traditional bank loan with a lack of credit history or a poor credit score, it’s not very likely that your loan application will be approved. However, with bad credit loans, you can apply for a loan and expect to be approved within only one hour regardless of your credit history and credit score.
Your car can net you cash via a vehicle title loan
Vehicle title loans let you apply for a loan by letting you use your vehicle as collateral for a loan application. Depending on the current condition your vehicle is in, you can loan up to $65,000.00 without needing to worry about your credit history and credit score. All you need to apply for a vehicle title loan are a fully owned car with an unencumbered title, a valid driver’s license, and proof of permanent residence.
Canada Loan Shop can let you loan up to $65,000.00 with very minimal requirements. With car title loans, you can expect you application to be approved after only one hour after submitting your requirements. Apply for a car title loan today by calling us at our toll-free number 1-844-572-0004 or by applying online.