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Vehicle Title Loans Newmarket Ontario Accepts Vehicles as Collateral for Loan Applications

Dec 23, 2015

Why banks turn you down if you have a poor credit score

Banks almost always deny you a loan if you have a poor credit score or don’t have a credit history. This is understandable because banks want proof that you have the capacity to pay off your loan. This can be troublesome if you need funding quickly and don’t have the substantial credit history required to apply for a bank loan. Luckily, no credit check title loans exist for people with poor credit scores and lack the required credit history.

Convert you car’s equity into cash with vehicle title loans

Vehicle title loans are no credit check title loans that let you use your vehicle as a means to apply for a loan. The requirements you’ll need for a loan application are a fully owned car with a lien free title, a valid driver’s license, and proof of permanent residence. With these simple requirements, you’ll be able to apply, and be approved, for a loan regardless of your credit score where a bank would simply have turned you down.

Loan up to a maximum of $65,000 depending on your car

You can loan up to a maximum of $65,000.00 depending only on your vehicle’s worth. Your vehicle’s true market value is easily and fairly determined based on factors such as its year, make, model, mileage, and engine condition.

Don’t be fooled and get less money than your vehicle is worth. With Canada Loan Shop, you’ll have the guarantee and security of fair vehicle appraisals by trained and experienced loan experts.  Borrow up to $65,000.00 depending only on your vehicle’s appraised true market value. To learn more about car title loans, 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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