A loan can help you reach your financial goal or tide you over in case of emergencies. There’s no explicit rule saying that you can only apply for only one loan at a time. But there’s a caveat when attempting to take on several loans simultaneously. You either borrow from different lenders or pay half of your existing loan before getting a new loan from your lender. But there’s a way for you to apply for more than one easy bad credit loan Hamilton Ontario.
How to Apply for More Than One Auto Title Loan
A title loan is one of the fastest ways of securing fast cash. The loan amount is contingent on the value of your collateral though. If you’re lucky, it’s enough to borrow using your car. If not, you might have to apply for another loan. It’s possible for you to apply for two or more auto title loans. But you will need to use different vehicles as collateral for each one.
A title loan is designed to allow for one collateral only. If you have another car, you can use that to get a second loan. After all, it’s not unusual for a family to have more than one vehicle. You have to apply for each loan separately though.
Trusted Car Loan Expert
It’s easy to get financial assistance with Canada Car Cash. We specialize in title loans and can lend you more money than other companies. Our interest rates are 70% lower than our competitors. We offer affordable monthly payments and extended loan terms. You can get the money you need within the day and keep your car. Log on to our website to apply or call our toll-free number at 1-844-598-7631.
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