A Basic Guide to Online Car Title Loans in Canada

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When you need cash fast and you can’t get a standard loan from the bank, then consider online car title loans. We understand that times are tough, and emergencies happen. Perhaps your car needs repairs or you’re a little behind on bills. A car title loan helps get you back on your feet.

A Canada online car title loan isn’t designed to be a long-term loan. You should try to pay it off as soon as possible and get your title back. We’ve put together a guide to help you navigate getting a title loan, so you can get your cash fast.

What Do You Need for Online Car Title Loans?

One of the biggest worries people have about getting a loan is the dreaded credit check. We understand that you might not have the best credit, so we don’t check it. This puts many of our customers at ease knowing that aspect of their life isn’t a factor.

You need to own your vehicle and there can be no other names on the title. You also cannot have another lien on the car already. Lastly, you need to have the car insured and registered in your name.

That’s it.

Vehicle Evaluation and Application

When getting a car title loan, we evaluate the value of your vehicle and base your maximum loan amount on that. Generally, the newer the car, the more money it’s worth. You can get several thousand dollars for a newer car in good condition.

The loan amount is much lower for an older car and may only net you a few hundred dollars. The process of getting a car title loan is simple. You provide the title, and we place a lien on it for the money owed plus interest.

Once the full amount is paid, you receive the title back. Just fill out the application on our homepage and you could have the money in your account today.

Benefits of a Car Title Loan

If you were to get a traditional loan from a bank, it could take days before you know if you qualified for the loan and longer for it to get into your account. A car title loan in Canada is swift and many times the money comes the same day.

We know you need your car. That’s why when you get a car title loan, we don’t keep the car. You can still drive it around and get where you need to go. We don’t want to make your life harder.

Get a Car Title Loan Today

When you’re up against the wall and need money fast, consider online car title loans. They’re a fast and easy way to get the cash you need for emergency expenses. Everyone goes through hard times and needs money and an online car title loan in Canada doesn’t have all the red tape like a standard loan.

If you want to learn more about Canadian online car title loans and how to get them, then please explore our site.