Car Title Loans With No Credit Check

A car title loan is one of the easiest loans you can get in Canada when you need to borrow money with a low credit score. This is because, for this type of loan, your vehicle serves as collateral and makes up for your less-than-perfect financial profile.

Unlike unsecured loans, the chances of getting approved for a car title loan with no credit check are very high. However, the lender has the right to repossess your car if you default on your loan payments.

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Written by: Aunt Piggyy

How Do Car Title Loans Work?


A car title loan is a type of secured loan that you can get when you have a vehicle that you own outright. When you take out a car title loan, your lender assesses your vehicle’s worth to determine how much loan you can get. The value of the car is determined by an independent appraiser who is hired directly by the lender. In general, you can get up to 50% or more of your car’s value when you apply for a car title loan. 


A lien will be placed on your car’s title to secure the loan. This means that the lien is a security interest on your vehicle that allows the lender to repossess your car if you fail to make payments. Your vehicle will be sold to pay off the loan and any outstanding fees.


Companies That Offer Car Title Loans With No Credit Check in Canada


There are many different companies that offer car title loans in Canada. Here are some of the most popular lenders that you can choose from:



ULoan is a non-traditional lender that offers car title loans with no credit check in Kelowna, BC and the surrounding areas. They offer loans ranging from $1,000 to $50,000 depending on your vehicle’s value. Their interest rates vary but for a $1,000 loan with a 12 month repayment term, they charge an APR of 36%.  



CreditMaxx is a lender based in Saskatoon, SK that offers car title loans to Canadians with poor credit. They offer loans of up to $25,000 depending on the make and model of your car. Their interest rates vary but you can use their online calculator to determine the interest rate based on your desired loan term. 


CarFunder Ca

CarFunder Ca is an alternative financial company based in Ontario. They offer car title loans with no credit check for up to $25,000. Their loan terms range from 3 months to 3 years and they charge interest rates between 18% to 28.8%. 

Frequently asked questions

What are the Eligibility Requirements for a Car Title Loan?

There are a few requirements that must be met before you can be approved for a car title loan.

  • You must be at least 18 years old and have a valid driver’s license.
  • You must have all the necessary registration documents for your vehicle.
  • Your vehicle must be fully insured.
  • Your vehicle must be less than 8 years old.
  • Your vehicle must be free from any outstanding debts.
What Documents Do You Need to Qualify for a Car Title Loan?

Personal Identification Documents

Lenders accept driver’s licence and any government-issued ID or passport to verify your name, age, and address.


Employment Details

You may need to provide proof of your income and employment. Bank statements or pay stubs will do.


Car Title Documents

Your car title document is one of the most important documents you need to bring as it proves that you are the legitimate owner of the car.


Vehicle Insurance Documents

You must provide proof that your vehicle has insurance before you can receive approval for a car title loan.


Vehicle inspection documents

Some lenders require a car appraisal to verify the condition and value of your car.

What Are the Top Benefits of an Auto Title Loan With No Credit Check?

There are several benefits to getting a car title loan with no credit check.


Fast approval: You can get approved for a car title loan in less than 15 minutes.


Convenient: auto title loans are convenient and easy to get as no credit check is required. You can easily get funds you might not have been able to get before.


You can still make use of your vehicle: Although your lender will have a temporary hold on your car title, you can still make use of your car for the duration of the loan.



If you need financial assistance with flexible requirements and no credit checks, you can take advantage of the fact that your car can be used as collateral to secure a loan. You should however keep in mind that your lender can choose to seize your car and sell it if you default in making repayments.

Aunt Piggyy

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