During tough times when savings are inadequate, one often borrows money from a friend or a close relative. But relying solely on your friend or relative for money is not always a good option. People also apply for a loan through a bank or a credit union but this option usually takes time and is not an instant saviour. Before approving a loan these lending institutions take time to review the profile and credit history of the borrower. So what does one do when in need of instant funds? For situations like a medical emergency or overdue utility bills where one requires instant money, we provide you with a bad credit score auto loan. 

What Is A Car Collateral Loan?

For a car collateral loan, a borrower uses their vehicle as collateral in order to get the loan money. We use this concept to help you face your instant financial problems. Using a car as security for the loan amount is easy and convenient, because almost everybody owns a vehicle nowadays. 

In order to apply for this loan, one must possess a fully paid for car and ensure that the vehicle has  lien-free title papers. You can borrow an amount up to $25,000 by using the title of your car. The loan value is calculated on the basis of the present market value and working condition of your vehicle. In other terms, the equity value stored in your car will be calculated to arrive at an eligible loan amount.

Minimal Paperwork 

Paperwork is the key to apply for any loan. The traditional lenders, like banks require, a lot of time and paperwork once you submit an application with them. Often these processes are frustrating and time-consuming. On the other hand, applying for a loan through us is quick and easy as we require minimal documents. It helps you to get instant loan approval. 

Below are the minimal requirements for our vehicle title loan:

  • A lien-free vehicle with a clear title
  • The vehicle shouldn’t be older than 10 years
  • A valid Canadian driver’s license
  • Proof of permanent residence
  • Registration and insurance of your vehicle in your name
  • The second set of keys to your car
  • Proof of legal age as per your province

Benefits of a Car Title Loan

We can proudly claim that our lending process is customer-friendly and easily accessible with very basic requirements. We guarantee you that you won’t find these benefits anywhere across Canada when it comes to a bad credit score auto loan.

Here are the benefits we provide to our customers when they apply for a low monthly car collateral loan with us: 

  1. No credit checks are done allowing anyone and everyone to apply. 
  2. No prepayment penalty is charged if you decide to make an early payment for the loan and close the account.
  3. Keep your vehicle and use it as you normally would. We don’t store your car for the loan term.
  4. We also don’t ask for proof of income or verify your employment details. This means it is easy to apply for a car title loan for those who are temporarily in between jobs.
  5. We do same day disbursal of funds, provided you submit all the required documents in a timely manner.


We ensure our customers’ happiness even in times of distress. Insufficient money can stress you out but with our car collateral loans, you can easily look after those overdue credit card bills, utility bills, or medical bills. So next time you find yourself in need of quick funds, try us. We will make sure to provide you with a quick car collateral loan. 

Call (toll-free) 1(844) 604-4143 to speak to one of our loan agents today. You can also apply online from the comfort of your home.