Common Frequently Asked Questions Asked About Vehicle Title Loans Ajax Ontario

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Can I apply for collateral car title loans even if I have bad credit?

Bad credit or no credit will not matter when applying for collateral vehicle title loans. Loans are processed and approved in one hour so long as the car title is lien free and the car is fully owned. No credit checks are needed for the loan approval.

How much can I borrow?

The loan amount will depend on the true market value of the car. The car will have to go through inspection and appraisal. Up to $100,000 can be borrowed.

What are the interest rates for this loan?

Collateral car title loans have the lowest interest rates when compared to unsecured bank loans or short term loans, and the lowest in the whole lending industry. Much lower interest rate can be offered versus the closest competitors.

How long is the loan payment term?

Payment terms are the most flexible and the longest that can be offered.

Is there a penalty for early full payment of the loan?

No early payment penalty will be charged for paying off the loan early.

Do I leave my car with the lender?

No, because no credit check title loans is not a car pawn. You can continue driving your car while paying off the loan. Once the loan is fully paid, the car title that served as collateral is returned and the lien on it is removed.

How long do I wait before the loan amount is released?

Once the loan is approved in one hour, you get the cash on the same day.

Can I still get a loan without the car title?

All collateral auto title loans require the car title to serve as collateral. The lender can assist you to apply for a car title if you don’t have one.

Car title loans or sometimes called equity loans is the only service offered by Canada Car Cash. This means that Canada Car Cash can loan more money with less requirements. We can help you by calling us now or getting in touch online. We can give you an estimate of what you really qualify for. Call us at 1-844-598-7631.