There are currently thousands of companies offering title loans today. Each one has its own procedures, documents, and loan conditions. But regardless of their differences, their main requirements remain the same. Here’s what car pawn loan Ajax Ontario companies look at and demand from borrowers. Main Requirements of Title Loan Companies Assets: Applicants with high-value collateral will have a better chance of getting approved. The asset used will be utilized to pay back the lender in the event the borrower defaults on the loan. With car collateral loans, the borrower should be able to pledge their own car. It should also be lien-free and in good condition. Citizenship or Residency: Lending companies will only provide loans to legitimate residents or […]