This is because, in the case of vehicle title loans, you will be able to use your vehicle as collateral during the loan application process. This means that your maximum loanable amount will be determined based solely on the factors that will affect your vehicle’s true market value, such as your vehicle’s year, make, model, mileage, and engine condition.
Get the loan approval that you need practically instantly
Due to the minimal requirements that will be necessary for you to comply with when you apply for a vehicle title loan instead of a traditional bank loan, you’ll be able to experience a quick and hassle-free loan application process. All you will need in order to be able to apply for a vehicle title loan, and get the money that you need today, are a fully owned car with a lien free title, a valid driver’s license, and proof of permanent residence. This makes applying for a vehicle title loan a quick and convenient alternative to applying for a traditional bank loan.
By applying for a vehicle title loan through Canadian Equity Loans, you’ll be able to get the money that you need in an instant. To apply for a car title loan today, you can simply call us at our toll-free number 1-844-586-6311 or you can log on to our website to apply for a car title loan from the comfort of your own home.