Loaning Large Amounts of Cash by Using Your Vehicle as Collateral is Possible with Equity Loans Mississauga Ontario

Make a large loan today without worrying about being declined because of your credit score

When you apply for traditional loans from a bank, it can be quite difficult to get an approval if you fail to meet the requirements set by the banking company or if you have a poor credit history or credit score. If you don’t want to waste your time applying for a loan only to have your application rejected after days and days of waiting, you should try other ways of acquiring cash.

Equity loans make it possible for you to apply for loans with a poor credit score

With equity loans¸ you can apply for loans of up to $45,000.00 regardless of the state of your credit score. All you need is a fully owned piece of property that has a substantial value in order to apply for an equity loan.

You can apply for an equity loan by using your vehicle as collateral

In the case of car title loans, which are also considered as equity loans, you can apply for a loan by using your vehicle as collateral. As long as your vehicle is in good working condition, you can apply for a loan of up to $45,000.00 depending strictly on its year, make, model, mileage, and engine condition.

Premier Loans Canada makes loaning a quick and easy process. There’s no need to worry over the current state of your credit history or credit score because these will not affect your capacity to apply for a car title loan. All you will need to apply for a car title loan are a fully owned car with a lien free title, a valid driver’s license, and proof of permanent residence. Call us today at our toll-free number 1(855) 965-1650 or apply online.