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Frequently Asked Questions

We have gathered most common questions asked by our customers below; if you can not find the information you are looking for please contact us.

What is A Car Collateral Loan?

A Car Collateral Loan usually refers to a car title loan. That is where you use your vehicle's title to secure the loan. In Canada, most companies allow you to keep your title while making monthly installments to your lender. There are several companies out there offering different terms and conditions so it is would be wise to shop around for the best car title loan company that would accommodate your loan requirements.

How Can I Borrow With My Car?

Borrow with your car is a fast and easy way to access cash. Qualified vehicle owners can access funds quickly using minimal amount of paperwork.  Most title loans companies would require your vehicle to be fully paid for and registered to your name. There would also be an age limit and mileage cap.

How do I Apply for a Car Title Loan?

You can either complete a short eligibility form and we will contact you with our offer OR call us at 1-800-455-3997

How Much Can I Borrow?

You can borrow up to $25,000 on your car and keep driving it during the loan period. The loan amount is determined by few factors, the main one is the Equity in your car. That allows us to make fast decisions (1 hour approval) and fund loans on the same day. The amount of paperwork required is very minimal and most of it is done online at the comfort of your home or office.

Do You Offer Loans For Bad Credit?

Are You A Loan Broker or the Lending Company?

Car title loans and motorhome title loans are available for bad credit or no credit. There is NO credit check.

Our approval policy is based on the Equity in your vehicle, not your credit score. 


Title Loans Online are the direct lending company. When dealing with us you cut the broker/middleman cost.

I am in Bankruptcy, Would I Qualify?

If you are in Bankruptcy and not been discharged yet, you are required to disclose it when applying for a loan.

There is a good chance to get approved even in bankruptcy but each case is unique and should be examined by our approval team.

What Is Car Title Pawn Loan?

Car Title Pawn refers to a Pawn Shop that would hold your vehicle for a loan. In most cases they would offer a short term loan for a month that could be extended for another month. Most pawn loans shops would not allow you to use your vehicle during the loan period and would charge you for storage if you were late on  your loan.

Is A Car Title Loan Similar To Car Pawn?

Not at all. Although they may seem similar there are some crucial benefits to a car title loan.

Fist and most important, most pawn shops would not allow you to use your vehicle during the loan period, you would be required to park it there until your loan is paid.

Second, in most cases, loans term is for a very short term (30 days) that can be extended for another short term. In order to extend you would be required to make an interest payment and you would still owe the same amount next month. WHERE, if it was a title loan, every payment you make reduces the principle amount (you actually move forward) and loans are underwritten for a longer period of time. On top of it, We offer OPEN loans only which can be paid out anytime with no pre-payment penalties.


In both loans you get to borrow using your vehicle as collateral but when it comes to term, rate and convenience

there are much more benefits to a car title loan over car cash pawn; It allows more flexibility, you get to use your car during loan period and rates/terms are better by far.

How Fast Can I Get The Funds?

We fund our loans on the same day. In case loan is taken after 4:00 PM, it will be funded the next morning.

What is an Installment Loan?

An installment loan is a loan that intends to be repaid over a period of time using a set number of payments. For example

a mortgage loan would be considered as an installments loan. 

Some of the best title loans companies in Canada offer an installment loan over a long period of time and better  yet, keep it as an open loan so you can payout anytime with no pre-payment penalties.

Where Are Loan Services Available?

Auto Title Loans and Motorhome loans are available for residence of British Columbia, Alberta, Saskatchewan and Ontario. 

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