In fact, applying for car title loans instead of traditional bank loans will prove to be the quicker and more convenient option for you to be able to get the money that you need in just one hour or less subsequent t to your car title loan application. This is thanks to the minimal requirements that you will need for a loan approval, such as a fully owned car with a lien free title, a valid driver’s license, and proof of permanent residence.
Your maximum loanable amount will be determined based solely on the current true market value of your vehicle
Because you will not need to be concerned about the current state of your credit history and credit score when applying for a car title loan, your maximum loanable amount will instead be determined based on your vehicle’s true market value. This means that you will be able to borrow as much as $50,000 depending solely on the factors that pertain to your vehicle such as its year, make, model, mileage, and engine condition.
By applying for a car title loan through Canadian Equity Loans, you’ll easily be able to get a loan approval without having to worry about the state of your credit score and credit history. In order to be able to apply for a car title loan today, 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 online.