bad credit loans London Ontario

The number of lending companies offering vehicle title loans has risen. It’s not surprising as this type of loan have gained prominence over the years, thanks to its quick approval process and simple requirements Borrowers who can produce a car’s title are essentially assured of a loan. However, there are questions as to whether a vehicle that’s not 100% paid off can be used as collateral for bad credit loans London Ontario. Can I Use as Collateral a Vehicle with On-going Payments? Whether a lending company will accept a vehicle that’s not fully paid as collateral will depend on the lender. The majority of lenders will only accept as collateral vehicles that are lien-free. After all, your special financing auto […]