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Bad Credit Loans Whitchurch-Stouffville Ontario Loans You Money Regardless of Your Credit Score

Dec 23, 2015

Loaning money with a poor credit score

When it comes to applying for a loan from a bank, it’s next to impossible to get an approval if you’ve got a bad credit score. You could end up wasting valuable time and energy applying for a bank loan only to be disappointed. Luckily, bad credit loans exist to give people a chance to apply for a loan regardless of their credit scores.

Use your car’s equity to apply for a loan

Vehicle title loans fall under the category of bad credit loans. With vehicle title loans, you can use your vehicle’s equity as collateral to apply for a loan. The only requirements you’ll need are a fully owned car with a lien free title, a valid driver’s license, and proof of permanent residence. No credit checks are necessary for the application process.

Speedy processing

Because the requirements are so minimal, it’s easy for the processing procedures to be streamlined. As a result of this streamlined processing procedure, the entire process, from application to approval, can be completed in a single day. In fact, you can have the money you need in only about an hour subsequent to your loan application.

When you apply for a vehicle title loan at Canada Loan Shop, at no point during the entire term of the loan will you have to worry about losing your vehicle and your mobility. Neither will you have to worry about your vehicle’s condition deteriorating due to a lack of use or proper maintenance and care. You’ll get to keep driving your vehicle because it will not be stored or kept from you in any way. Call us now at our toll-free number 1-844-572-0004 or simply 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.

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