about a Car Title Loan in Ontario & Alberta & British Columbia
What is a Car Title Loan
Car Title loans are similar to personal loans, the only difference is you use your vehicle as collateral to secure the loan. Your credit rating is not an issue and you get to keep and drive your vehicle throughout the loan period.
How do I apply for a car title loan?
Apply online or call one of our representatives to help you with the application process.
Can I apply for a car title loan if I have bad credit?
Yes, you can apply for a loan if you have bad credit; we accept applications for all levels of credit.
Can I apply for a car title loan if I am currently bankrupt?
If you are not yet discharged from a bankruptcy, call us and we may still be able to help you with a loan.
How fast can I get a car title loan?
If you have provided us with all the information required, you can receive a loan the same day you submit an application.
I applied for a car title loan online, when can I expect a reply?
During our normal business hours a sales representative should call shortly after you submit your application. We will contact you via the phone number you provided on the application form.
Is the application information I submit private and secure?
The information you submit from your computer to our web server is fully secured by GeoTrust, which utilizes a 256-bit SSL certificate thereby offering the highest level of encryption or security possible.
What type of vehicles qualify to be used for a car title loan?
Cars, trucks, transport, Motorcycle, SUV, as long as they are registered in Ontario, Alberta or British Columbia, in your name, plated and fully insured. We also accept other items such as boats, travel trailers, etc.
Are there any extra fees?
Once you have your quote there are no extra fees.
What if the vehicle is not in your name?
The person who’s name the vehicle is in must be willing to co-sign on the loan.
Do I need to have a full-time job to be approved?
No, but you need to have some form of income either self employed, disability, or retirement income.
How much money can I get at carfunder?
You can get up to $10,000.00 at this time. The minimum loan is $1,000.00. Your loan is based on the value of your vehicle and upon how much you require.
Do I have to sign over my ownership?
No, you only sign the document securing the loan with your vehicle. Your vehicle ownership will remain in your name.
What do I need to send after my initial online application?
• Drivers License.• Ownership.• Insurance.• Proof of or source of income.• Odometer reading.• Photos of vehicle may be required.
Do I need online banking?
Yes, you need online banking to be able to do money transfers. Call for other payment options.
Once I am approved, how do I get my money?
We will electronically transfer the money to you. Call for other payment options.
Do I need to come in to apply?
No, everything can be completely done online, email or fax.
If I apply online will my information remain private?
Yes, we do not sell or give any information to outside sources.
How long are the loan terms?
We currently offer 12 – 36 month terms.