Tag Archives: car title loans with bad credit

Bad Debt Score Auto Loan

Get Quick Approval for Bad Debt Score Auto Loan

Are you going through a financial crisis? If your answer is yes, you might want to think of some quick solutions which can bail you out of your financial struggles with ease. Thinking about getting a short term loan? If you have a good financial record, you may proceed with a bank loan and wait for the money to be disbursed in a week or so. Banks and traditional lenders do not provide loan services to people with poor financial history. They have stricter terms and conditions of eligibility for loans. 

If you own a vehicle that is not older than ten years, you can borrow money using that. Use your vehicle as collateral and apply for a Bad Debt Score Auto Loan. Some people take a step back upon hearing about borrowing money from private lending institutions. This is because they have a misconception that they will have to surrender their assets to these private lenders as security. This is why most people ask for money from their family and relatives. However, opting for a car title loan can be of great help to you. 

How Are Bad Debt Score Auto Loans Beneficial?

Auto loans are quite beneficial since the loan process is convenient and you can get the loan amount within a few minutes of getting approval. The paperwork is also minimal which makes you feel comfortable and stress-free. Let’s have a look at the benefits:

  1. No employment details are required

At Canadian Title Store, we do not need your permanent income source to get approved for a loan. The loan only uses your vehicle title papers to help you get the money you need.  

  • No financial history checks

Auto title loans are secured loans and require only a lien-free title of your fully-paid vehicle. This is why lending institutions do not run any financial history checks. Anyone who has a poor debt score or no financial score can also apply for a loan. That’s why it is known as bad debt score auto loans.

  • Low monthly installments

We offer vehicle title loans at the lowest interest rates. The rates are the industry’s best and are affordable. Thus, our monthly installments are quite manageable. 

  • No prepayment penalties

Another benefit of our loan process is that you can close your loan account any time you want. We do not impose any restrictions and also, you’ll not have to pay any prepayment penalties. Make an early payout whenever you can and finish paying the loan earlier than the deadline.

  • Long loan terms

We do not want our clients to feel pressured by the hefty monthly installments of the loan. Our loan term can last up to four years so that you can easily manage paying back the amount. 

  • Keep your vehicle

You do not have to surrender your vehicle to us within the loan period. You can collect the money after getting approval for the loan and drive away with your vehicle.  If you are facing financial problems, you can apply for bad debt score auto loans and get rid of them. You can call us at 1-844-512-5840 or apply online.

bad credit auto loans

Bad Credit Auto Loans-Perfect Way to Get Cash for Your Finances

Everyone goes through tough times when financial obligations restrict their daily lives and finances. Therefore, we should be well prepared with savings and emergency funds for unexpected situations. But this is not always an easy task, especially for people with bad credit scores. Bad credit auto loans have become very popular among Canadians who require fast cash for their financial problems. This is because these loans are convenient for people with a poor credit history and are provided against the car’s title paper as collateral. Unlike a bank loan that takes several days to process, a bad credit loan from Canadian Title Store is disbursed in a single day.  All you need is a fully paid for car that is no older than 10 years. These loans are also known as vehicle title loans, car collateral loans or car equity loans.

What Are The Requirements Of Getting A Bad Credit Auto Loan?

  • We have a systematic approach to the loan procedure where all the documents and transactions are handled with the utmost care and safety. We understand that protecting our customer’s privacy is our responsibility and therefore, all of your personal information is kept strictly confidential and secure. 
  • We help you qualify for an amount of up to $60,000 on our bad credit auto loan. This loan amount is entirely based on the current market value and the working condition of your vehicle and is calculated after the complete inspection of the vehicle. Cash is provided on the very same day which can help you handle your financial emergencies like house repairs, medical expenses, tuition fees etc. right away. 
  • There are NO prepayment penalties when you are dealing with us. You can go ahead and make early payments without worrying about penalties or hidden fees. We work to provide the best customer service by being available around the clock for all of our customers.  
  • Your credit score or credit history is not a factor for loan approval with us. So people with poor credit or no credit score at all have the opportunity to get a quick cash loan. Also, we provide our loans at the most competitive interest rates in the industry. 
  • The best part about our title loans is that you get to keep your car with you as there’s no need to keep it with us. We just require your car’s lien-free title papers to qualify you for the loan. 
  • The added benefit of getting a loan from the Canadian Title Store is that the borrower can choose from flexible payment plans which are spread over a 4 year period. This helps you pay off your loan according to your financial budget.

Minimum Loan Requirements 

  • A legal ID of proof of legal age in your province 
  • You need to be the owner of a fully paid for car that is no older than 10 years.
  • The car must have a lien-free title. This means, the title papers for the vehicle must be free from all sorts of financial obligations.
  • The car being used as collateral must have a reasonable equity value on it. The equity value of the car depends upon its age, make, model, kilometers and of course its current condition. All this will decide the loan amount that you will qualify for. 
  • Next are the registration and insurance documents of the vehicle. Your vehicle must be fully registered and insured under your name.
  • A spare set of your car keys are required at the time of inspection. They should work on all the doors and engine. 
  • Other important documents required are a valid Canadian driver’s license and a proof of your permanent residency. It can be a computer generated document with your address on it.

Do you want to get rid of your financial troubles as soon as possible? Wait no more! Apply now for bad credit auto loans with Canadian Title Store now and relieve your stress. These loans are a perfect way to get cash for your finances. You can solve all your money problems and work on your business ideas since the shortage of money will not be an issue anymore. 

Call us (toll-free) at 1-844-512-5840 or get a free quote by filling out the application form online. One of our loan representatives will get in touch with you as soon as possible.