Auto title loans are unique. People can get these loans by using collateral, which in this case is the car’s title. The lending company will act as a lienholder and will hold on to the document while the loan is still active. However, many prospective borrowers are confused as to whether they also need a bank account to qualify for a bad credit score auto loan Kawartha Lakes Ontario. Do I Need a Bank Account to Get a Title Loan? No, you don’t need to have a bank account. Specialized car equity loans are considered as secured loans because of the collateral. This makes it easier for borrowers with a low credit score or who have been bankrupt in the […]