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Equity Loans Aurora Ontario Loans You Money despite Your Credit Score

Dec 23, 2015

Is your credit score stopping you from applying for a loan?

When it comes to bank loans, a bad credit score is usually enough to for your application to be denied. This can be quite annoying, especially if you’ve already submitted all the necessary requirements and have already completed all the necessary credit checks.

Applying for a bad credit loan may just be the wiser option

If you’ve already experienced being denied a bank loan because of your bad credit score, you may want to look into bad credit loans. With bad credit loans, you won’t need to go through the hassle of getting a credit check. This is because your credit score will not count towards the approval or denial of your loan application.

A little information on equity loans

Equity loans fall under the category of bad credit loans. With equity loans, you can use the equity of a property you own, such as a vehicle, to apply for a loan. Equity loans are more convenient than bank loans because of the minimal requirements and shorter processing periods. In the case of car title loans, the only requirements you’ll need to apply for a loan are a fully owned car with a lien free title, a valid driver’s license, and proof of permanent residence.

With Canada Loan Shop, you’ll be able to loan up to $65,000.00 depending only on the condition and fair market value of your vehicle. Your credit score will not count against your chances for a loan approval. We guarantee minimal requirements for processing purposes, fair appraisals for your vehicle’s fair market value, the lowest interest rates, long loan terms, and flexible payment plans that fit into your budget. 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.

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