Need fast cash? Someone might have recommended applying for an auto title loan. This secured loan has helped millions of people over the years. But before you start searching for a lender, you should understand some elements about this loan. Here’s what people often Google about bad credit loans Ajax Ontario.
Most Asked Questions About Title Loans
- What is a lien-free title? It means you own your car. It has been paid in full and there are no outstanding loans against it.
- Can I apply for a car pawn loan with bad credit? Yes, you can. You’ll be putting up your car as collateral. Its value will cover the loan so there’s less risk on the lender’s end.
- How can I use the loan? You can use it for anything. The lending company won’t have anything to say if you use it to consolidate your debt or go on vacation.
- Should the title be in my name? Yes, it should be. The lender won’t care if you got it from your grandparents and you’ve been using it for five years now. If your name isn’t on the title, the lender won’t accept it.
- Can I apply for this loan even if I’m unemployed? Yes, you can qualify for this loan. But you still have to provide proof of income. This can be your pension, severance pay, or social security benefits.
The Best in the Industry
Get the best loans with Canada Car Cash. We’re known as one of the country’s top title loan specialists. We offer more money than other lenders. Our interest rates are 70% lower and we have low monthly payments. Sign up on our website or call our toll-free number at 1-844-598-7631.
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