Car title loans provide quick solutions to your financial problems
If you’ve ever applied for a traditional bank loan before, you’ve probably experienced how difficult and time consuming it can be to get an approval. To be approved for a bank loan, you’ll need to acquire and submit a multitude of requirements, a good credit score, and a substantial credit history to prove that you are capable of paying off your loan. If you don’t meet all of the numerous requirements set by the banking companies, it’s highly probable that your bank loan application will end up being denied.
Bad credit loans will help you circumvent the problems that come with bank loans
If you don’t want to go through the hassle of applying for a traditional bank loan, you can simply apply for a car title loan. Car title loans fall under the category of bad credit loans. This means that when you apply for a car title loan, you won’t ever have to worry about your credit history or credit score.
Minimal requirements are sufficient for a car title loan application
In order to apply for a car title loan application, you will not need to submit numerous requirements or have a good credit history and credit score. All you will need for the loan application are a fully owned car with a lien free title, a valid driver’s license, and proof of permanent residence.
Canada Loan Shop makes loaning with a lack of credit history or a poor credit score very simple and possible. You can loan up to $65,000.00 based simply on the current condition of the vehicle you will be using as collateral for the loan application. To learn more about car title loans, you can call us at our toll-free number 1-844-572-0004 or apply online.