20 Car Title Loans in Canada: Get Approved Using Your Car

Car title loans are loans taken out against your vehicle ownership, allowing you to borrow as much as 50% of the value of your car. You can continue to drive your car as you pay off your loan, but if you default, the lender can repossess your car.

Lenders of this loan have easier requirements than traditional personal loans and sometimes don’t even require a credit check. But where can you get a loan using your car as collateral, what are the eligibility criteria and how do you apply? In this guide, we cover 20 car title loan lenders that have an online presence and/or a wide reach across Canada.

1. Loans Canada

8.6 Great

Go to site Read review

$500 – $50,000

Loan Amount

9.99% – 35%

APR

3 - 60 months

Term

• Info
• Pros/cons
• Details

Loans Canada is an online loan search platform that provides access to a network of 60+ lenders lenders. By filling out a single online application, you can compare car title loan offers from multiple lenders. All types of credit are accepted, there are $0 down payment options available, and you can borrow up to 50% of your car's value. Funding is available in less than 24 hours in some cases.

Loans Canada is partnered with many kinds of lenders, so you may get a mix of matches.

Requirements

• Must have clear title to your vehicle
• Must have valid auto insurance
• Other requirements vary depending on the lender

• Compare loan options from multiple lenders with one application
• Available to borrowers with bad credit
• No fee to use the loan-matching service

• Not a direct lender
• Rates and terms vary by lender
• Applying may result in a hard credit check

Loan Amount	$500 – $50,000
APR Range	9.99% – 35%
Loan Term	3 - 60 months
Serviced Provinces/Territories	All of Canada
Turnaround Time	Varies
Min. Credit Score	300
Fees	Varies by lender
Requirements	Canadian resident, age of majority in province of residence, employed for 3+ months, min. income $1,800/month

Summary of Loans Canada ratings and reviews

Feature	Details
Trustpilot rating	2.8 out of 5 stars, based on 13 reviews
Google rating	4.5 out of 5 stars, based on 436 reviews
BBB accreditation	Yes
BBB rating and reviews	A+, 1 out of 5 stars, based on 1 review
Reviews as of	September 17, 2026

2. LoanConnect

8.8 Great

Go to site Read review

$500 – $60,000

Loan Amount

4.99% – 35%

APR

72 - 84 months

Term

• Info
• Pros/cons
• Details

LoanConnect is a London, Ontario-based online loan search platform that offers access to a network of 30+ lenders. It's easy to apply online and compare multiple loan offers, with loans of up to $60,000
available. LoanConnect also doesn't charge any application or brokerage fees.

As a loan search platform, LoanConnect is partnered with different types of lenders, so you may get a mix of results.

Requirements

• Must have clear title to your vehicle
• Must have valid auto insurance
• Other requirements vary depending on the lender

• Multiple loan offers with one application
• Bad credit loans available
• No fee to use LoanConnect

• Not a direct lender
• Rates and terms vary by lender

Loan Amount	$500 – $60,000
APR Range	4.99% – 35%
Loan Term	72 - 84 months
Serviced Provinces/Territories	All provinces
Turnaround Time	Receive funds within as little as 24 hours.
Min. Credit Score	300
Fees	No application, origination or brokerage fees
Requirements	Canadian citizen or permanent resident, age of majority in your province of residence, current debts must total less than 60% of your income

Summary of LoanConnect ratings and reviews

Feature	Details
Trustpilot rating	3.8 out of 5 stars, based on 2 reviews
Google rating	2.5 out of 5 stars, based on 41 reviews
BBB accreditation	Yes
BBB rating and reviews	A+
Reviews as of	September 17, 2026

3. LendDirect

Up to $25,000

Loan Amount

24.99% – 34.99%

APR

Undisclosed

Term

• Info
• Pros/cons
• Details

LendDirect offers vehicle-secured personal loans of up to $25,000. You must apply at a branch with your vehicle, ownership documents and proof of insurance; then you can receive funding via Interac e-Transfer in as little as 15 minutes. Most car title lenders typically only accept vehicles up to 8 or 10 years old, but LendDirect accepts vehicles that are up to 20 years old.

Requirements

• Must be 18 years or older
• Must have a steady source of income
• Must have proof of ownership and insurance
• Vehicle must be no more than 20 years old

• Accepts vehicles up to 20 years old
• Fast e-Transfer funding
• No early repyment penalty
• Bad credit is okay

• No online application
• High APRs

Loan Amount	Up to $25,000
APR Range	24.99% – 34.99%
Loan Term	Undisclosed
Serviced Provinces/Territories	AB, BC, MB, NB, NL, NS, ON and SK
Turnaround Time	Interac e-Transfer in as little as 15 minutes
Requirements	20 model years or newer

Summary of LendDirect ratings and reviews

Feature	Details
Trustpilot rating	4.3 out of 5 based on 2,500+ reviews
Google rating	Varies by location
BBB accreditation	No
BBB rating and reviews	A- rating, 1 out of 5 based on 6 reviews
Reviews as of	September 17, 2026

4. Get Loan Approved

7.5 Great

Read review

$1,000 – $50,000

Loan Amount

8% – 29%

APR

12 - 72 months

Term

• Info
• Pros/cons
• Details

Get Loan Approved offers car title loans of up to $50,000. There are no credit checks required during the application process, and it's possible to apply and get funded in as little as 24 hours. Get Loan Approved also boasts 27 locations across Canada, so it's easy to get your car inspected when needed.

Requirements

• Must be 18 years or older
• Vehicle must be less than 10 years old
• Must have clear title to your vehicle
• Must have collision and comprehensive insurance
• Vehicle must be registered and insured in your name

• No credit checks
• Same-day approval and funding
• Available across Canada
• 24/7 customer service

• Interest rates of up to 29%
• Limited reviews

Loan Amount	$1,000 – $50,000
APR Range	8% – 29%
Loan Term	12 - 72 months
Serviced Provinces/Territories	AB, BC, MB, NB, NL, NS, ON, PEI, SK
Turnaround Time	In as little as one hour
Requirements	10

Summary of Get Loan Approved ratings and reviews

Feature	Details
Trustpilot rating	No Get Loan Approved reviews available
Google rating	No Get Loan Approved reviews available
BBB accreditation	No (Moncton location)
BBB rating and reviews	A+, no reviews available
Reviews as of	September 17, 2026

5. Fast Cash Auto

Up to $50,000

Loan Amount

Undisclosed

APR

Undisclosed

Term

• Info
• Pros/cons
• Details

Fast Cash Auto is a car title lender with locations in Edmonton, Calgary, Burnaby, Regina, Saskatoon, Winnipeg and Toronto. Loans of up to $50,000 are available; there are no credit checks required, there's no vehicle age limit, and it's quick and easy to apply online. If you're approved, you can get cash in as little as an hour.

Requirements

• Must have clear title to your vehicle
• Vehicle must be registered and insured in your name

• Easy online application process
• Bad credit is OK
• Serves several provinces
• Get funded within an hour

• Watch out for high rates
• Maximum loan amount of $50,000 may not suit all borrowers

Loan Amount	Up to $50,000
APR Range	Undisclosed
Loan Term

Summary of Fast Cash Auto ratings and reviews

Feature	Details
Trustpilot rating	No Fast Cash Auto reviews available
Google rating	Rating varies depending on location
BBB accreditation	No (Edmonton location)
BBB rating and reviews	A+ rating, 1 out of 5 stars based on 1 review
Reviews as of	September 17, 2026

6. Fast Access Financial

7.4 Great

Up to $10,000

Loan Amount

15.75% – 35%

APR

12 - 36 months

Term

• Info
• Pros/cons
• Details

Founded in 2008, Fast Access Financial provides easy access to car title loans of up to $10,000. Loan terms of 12 - 36 months are available, and there's a simple online application process. It's worth noting, however, that the lender will obtain your credit report from Equifax as part of the application process.

Requirements

• Must be 21 years or older
• Must have a valid chequing account
• Must have clear title to your vehicle
• Vehicle must be a 2009 or newer model
• Vehicle must have less than 200,000km of mileage
• Vehicle must be fully insured

• Established lender
• Lenient vehicle eligibility criteria

• Credit check required
• Watch out for high rates
• Smaller loan amounts than other lenders

Loan Amount	Up to $10,000
APR Range	15.75% – 35%
Loan Term	12 - 36 months
Serviced Provinces/Territories	Ontario
Turnaround Time	Approval in 24 hours, cash within 2 business days
Requirements	2009 or newer model

Summary of Fast Access Financial ratings and reviews

Feature	Details
Trustpilot rating	No Fast Access Financial reviews available
Google rating	4.2 out of 5 stars, based on 10 reviews
BBB accreditation	No (Markham location)
BBB rating and reviews	No rating, no Fast Access Financial reviews available
Reviews as of	September 17, 2026

7. Snap Car Cash

$1,000 – $50,000

Loan Amount

7.5% – 29%

APR

24–60 months

Term

• Info
• Pros/cons
• Details

Snap Car Cash offers car title loans to vehicle owners in every province except Quebec. There's no credit check required; you can borrow up to $50,000, and loan terms of up to five years are available. You can also pay your loan off early without penalty.

Requirements

• Must be 18 years or older
• Vehicle must be no more than 10 years old
• Must have clear ownership of your vehicle
• Must have both collision and comprehensive insurance on your vehicle
• Vehicle must be registered and insured in your name

• Get funded within an hour of being approved
• Prepayment allowed
• Easy application process

• Watch out for high rates
• Limited reviews
• Fees apply

Loan Amount	$1,000 – $50,000
APR Range	7.5% – 29%
Loan Term	24–60 months
Serviced Provinces/Territories	BC, Alberta, Ontario, Saskatchewan, New Brunswick, Nova Scotia, PEI, Newfoundland, Manitoba
Requirements	You must be the age of majority in your province and own the car in full. The vehicle must be no more than 10 years old.

Summary of Snap Car Cash ratings and reviews

Feature	Details
Trustpilot rating	No Snap Car Cash reviews available
Google rating	Rating varies depending on location
BBB accreditation	No
BBB rating and reviews	F rating, 2.33 out of 5 stars based on 3 Snap Car Cash reviews
Reviews as of	September 17, 2026

8. Pit Stop Loans

$1,000 – $25,000

Loan Amount

8% – 29%

APR

N/A

Term

• Info
• Pros/cons
• Details

Pit Stop Loans offers car title loans of up to $25,000 across much of Canada. Bad credit is accepted, and loan terms of up to 5 years are offered. You can apply online, get your vehicle inspected and get funded the same day.

Requirements

• Must be 19 years of age or older
• Vehicle must be no more than 10 years old
• Must have clear title to your vehicle
• Must have both collision and comprehensive insurance on your vehicle
• Vehicle must be registered and insured in your name

• Same-day funding
• Bad credit is OK
• Repay your loan early without penalty

• Limited reviews
• Auto check, lien search and vehicle inspection fees apply
• Some lenders accept older vehicles as collateral

Loan Amount	$1,000 – $25,000
APR Range	8% – 29%
Loan Term	N/A

Summary of Pit Stop Loans ratings and reviews

Feature	Details
Trustpilot rating	No Pit Stop Loans reviews available
Google rating	No Pit Stop Loans reviews available
BBB accreditation	No
BBB rating and reviews	A+ rating, no reviews available
Reviews as of	September 17, 2026

9. Title Loans Online

$4,000 – $25,000

Loan Amount

19% – 34.9%

APR

24 - 60 months

Term

• Info
• Pros/cons
• Details

Title Loans Online offers car title loans to car owners across Canada. It's easy to apply online and get a loan offer within two business hours, and you won't need to complete a credit check to get approved. Loan terms range from 24 - 60 months, and you can pay your loan off early without penalty.

Requirements

• Vehicle must be 2019 model or newer
• Vehicle must have done less than 200,000km
• You must own the vehicle outright
• Vehicle must be registered to your name
• Vehicle must have a full coverage insurance policy
• Rebuilt or repaired status vehicles not accepted
• You must be a Canadian Resident and at least 18 years old.

• No credit checks
• Loans of up to $25,000
• Repay your loan early without penalty

• Interest rates of 19.00% - 34.90%
• Not completely online
• Not available in all provinces
• No reviews

Loan Amount	$4,000 – $25,000
APR Range	19% – 34.9%
Loan Term	24 - 60 months
Serviced Provinces/Territories	AB, BC, SK and ON
Turnaround Time	24 hours
Requirements	Vehicles 2019 and newer with less than 200,000km. Vehicle must be fully paid for, registered in your name and have a full coverage insurance policy. Rebuilt or repaired vehicles not accepted.

Summary of Title Loans Online ratings and reviews

Feature	Details
Trustpilot rating	No Title Loans Online reviews available
Google rating	No Title Loans Online reviews available
BBB accreditation	Not available
BBB rating and reviews	No Title Loans Online rating or reviews available
Reviews as of	September 17, 2026

10. Car Title Loans Canada

Up to $25,000

Loan Amount

8% – 29%

APR

Up to 48 months

Term

• Info
• Pros/cons
• Details

Car Title Loans Canada offers online vehicle title loans with 4 year loan terms. Established in 2004, the lender offers a simple online application process and no credit checks. You have the freedom to pay your loan off early without penalty.

Requirements

• Must be age of majority
• Vehicle is no more than 10 years old
• Must have clear title to your vehicle
• Must have collision and comprehensive insurance on your vehicle
• Vehicle must be registered and insured in your name

• No credit checks
• No prepayment penalties
• Fast approval process

• Vehicle history check, lien search and vehicle inspection fees apply
• Watch out for high rates
• Some lenders accept older vehicles as collateral

Loan Amount	Up to $25,000
APR Range	8% – 29%
Loan Term	Up to 48 months
Serviced Provinces/Territories	British Columbia, Alberta, Saskatchewan and Ontario
Turnaround Time	within 24 hours
Requirements	Vehicle must be no more than eight years old and registered and insured in your name. Vehicle must have collision and comprehensive insurance and you must have a clear title to the vehicle.

Summary of Car Title Loans Canada ratings and reviews

Feature	Details
Trustpilot rating	No Car Title Loans Canada reviews available
Google rating	No Car Title Loans Canada reviews available
BBB accreditation	No
BBB rating and reviews	A+ rating, no Car Title Loans Canada reviews available
Reviews as of	September 17, 2026

11. Car Title Loans Canada

Up to $25,000

Loan Amount

8% – 29%

APR

up to 48 months

Term

• Info
• Pros/cons
• Details

Car Title Loans Canada has been helping people find auto title loans in Canada since 2004. It works with lenders to help you access loans of up to $25,000. You don't need a job, and no credit check is required. Same-day approval is available. You can get cash within an hour of being approved.

Requirements

• Vehicle must be registered and insured in your name
• Vehicle must be fully paid off

• No credit checks
• Fast access to funds
• Repay your loan early without penalty

• Vehicle history search, lien search and inspection fees apply
• Watch out for high interest rates

Loan Amount	Up to $25,000
APR Range	8% – 29%
Loan Term	up to 48 months

Summary of Car Title Loans Canada ratings and reviews

Feature	Details
Trustpilot rating	No Car Title Loans Canada reviews available
Google rating	No Car Title Loans Canada reviews available
BBB accreditation	No
BBB rating and reviews	No Car Title Loans Canada rating or reviews available
Reviews as of	September 17, 2026

12. Loan Center Canada

Undisclosed

Loan Amount

Undisclosed

APR

Undisclosed

Term

• Info
• Pros/cons
• Details

Loan Center Canada is a credit marketing agency where you can access a range of financial products, including car title loans, from partner providers. You can apply for a car title loan online and get instant approval, while funds will be deposited into your account within minutes after you submit the required documents.

Requirements

• Must not have any liens on your vehicle
• Vehicle must have a clear title
• Must be the age of majority in your province
• Vehicle must be registered and insured in your name
• Must have proof of permanent residence
• Must have a separate key to your vehicle

• Bad credit is OK
• No prepayment penalties
• Easy online application process

• Watch out for high rates
• Not a direct lender

Loan Amount	Undisclosed
APR Range	Undisclosed
Loan Term

Summary of Loan Center Canada ratings and reviews

Feature	Details
Trustpilot rating	No Loan Center Canada reviews available
Google rating	4.8 out of 5 stars based on 6 Google reviews
BBB accreditation	No
BBB rating and reviews	A+ rating, no Loan Center Canada reviews available
Reviews as of	September 17, 2026

13. BHM Financial Group

Up to $50,000

Loan Amount

Undisclosed

APR

1 to 5 years

Term

• Info
• Pros/cons
• Details

Founded in 2005, BHM Financial provides car title loans for vehicle owners in all Canadian provinces. Loans of up to $50,000 are available with terms ranging from 1 to 5 years, and borrowers with all types of credit are accepted. Once you apply online, BHM Financial will contact you within 1 business hour with a loan offer.

Requirements

• Vehicle must be less than eight years old
• Vehicle must be insured
• Must have clear title to your vehicle
• Must have a steady income

• Completely online application process
• Large loan amounts available
• Get funded within 24 hours

• Some lenders accept older vehicles as collateral
• Watch out for high rates and fees

Loan Amount	Up to $50,000
APR Range	Undisclosed
Loan Term	1 to 5 years
Turnaround Time	24 hours
Requirements	less than eight years old

Summary of ratings and reviews

Feature	Details
Trustpilot rating	2.0 out of 5 stars based on 13 BHM Financial Group reviews
Google rating	2.1 out of 5 stars based on 15 BHM Financial Group reviews (Montreal location)
BBB accreditation	No
BBB rating and reviews	No BHM Financial Group reviews
Reviews as of	September 17, 2026

14. Fast Action Finance

Up to $25,000

Loan Amount

Undisclosed

APR

Not available

Term

• Info
• Pros/cons
• Details

Fast Action Finance offers car title loans of up to $25,000. It's easy to apply online with no credit checks required, and this lender offers same-day approval and funding. You also get the peace of mind that comes from dealing with a provider that has been serving Ontario since 1997, but please note that you'll need to consider other options if you live outside Ontario.

Requirements

• Must be 18 years or older
• Vehicle must be no more than nine years old (may need to be newer if you live outside the Greater Toronto Area)
• Vehicle must be paid off
• Vehicle must be registered in your name or your company's name
• Vehicle must be insured

• Get a loan online
• Established lender
• Get funded in an hour

• Ontario only
• Watch out for high rates

Loan Amount	Up to $25,000
APR Range	Undisclosed
Loan Term	Not available
Serviced Provinces/Territories	British Columbia, Alberta, Saskatchewan and Ontario
Turnaround Time	Within 24 hours
Requirements	Vehicle must be nine years old or newer and have less than 200,000km mileage. There must not be any money owing on the car and it must not be leased.

Summary of Fast Action Finance ratings and reviews

Feature	Details
Trustpilot rating	No Fast Action Finance reviews available
Google rating	4.9 out of 5 stars based on 796 Fast Action Finance reviews
BBB accreditation	No (Etobicoke location)
BBB rating and reviews	No rating, no Fast Action Finance reviews available
Reviews as of	September 17, 2026

15. Prudent Financial

7.5 Great

Read review

$5,000 – $500,000

Loan Amount

19.99% – 34.99%

APR

6 - 48 months

Term

• Info
• Pros/cons
• Details

Prudent Financial Services is a Toronto-based lender that has been offering bad credit loans since 1984. It offers car title loans of up to $50,000, and you can apply and get approved in 30 minutes or less. But if you're not in Ontario, you'll need to consider other options.

Requirements

• Vehicle must have no liens
• You must have proof of ownership
• Vehicle must be fully insured

• Reports loan payments to the credit bureau
• Competitive rates
• Fast approval
• No proof of income required

• Ontario only
• Other lenders accept older vehicles

Loan Amount	$5,000 – $500,000
APR Range	19.99% – 34.99%
Loan Term	6 - 48 months
Serviced Provinces/Territories	ON
Turnaround Time	as little as 30 minutes
Fees	Unknown
Requirements	have 50% equity in your home

Summary of Prudent Financial ratings and reviews

Feature	Details
Trustpilot rating	4.3 out of 5 stars based on 169 Prudent Financial reviews
Google rating	4.6 out of 5 stars based on 844 Prudent Financial reviews (North York location)
BBB accreditation	No
BBB rating and reviews	A+ rating, no Prudent Financial reviews available
Reviews as of	September 17, 2026

16. Smarter Loans

8.4 Great

Read review

$500 – $35,000

Loan Amount

9.99% – 34.99%

APR

3 – 84 months

Term

• Info
• Pros/cons
• Details

Smarter Loans is a loan comparison website where you can compare car loan offers from 5 lenders. It's free to use and you can submit one online application to access car loans ranging from $5,000 to $200,000, with APRs of 6.93% to 35%.

Requirements

Exact requirements vary by the lender, but all 5 ask for:

• Proof of insurance
• Monthly income of $1,500 to $2,500

• Compare multiple lenders
• Easy online application
• Free to use

• Not a direct lender
• Doesn't include all lenders
• Watch out for high rates

Loan Amount	$500 – $35,000
APR Range	9.99% – 34.99%
Loan Term	3 – 84 months
Serviced Provinces/Territories	All of Canada
Turnaround Time	Receive funds in as little as 24 hours.
Min. Credit Score	300
Fees	No application, origination or brokerage fees
Requirements	Canadian resident, age of majority in your province of residence

Summary of Smarter Loans ratings and reviews

Feature	Details
Trustpilot rating	2.6 out of 5 stars based on 591 Smarter Loans reviews
Google rating	4.3 out of 5 stars based on 352 Google reviews (Toronto location)
BBB accreditation	No
BBB rating and reviews	A+ rating, no Smarter Loans reviews available
Reviews as of	September 17, 2026

17. Lend For All

7.2 Great

Read review

$500 – $50,000

Loan Amount

Up to 35%

APR

6 - 120 months

Term

• Info
• Pros/cons
• Details

Lend For All is an online loan search platform designed to help borrowers with less-than-perfect credit find financing. You can fill out an online form to get connected with a car title lender, and same-day funding is available in many cases. Loan terms range from 6 months to 3 years.

Requirements

• Must be the sole owner of your vehicle
• Must have no other liens against the car
• Vehicle must be registered and insured in your name
• You must be 18 or older and have a valid driver's licence
• Your vehicle must be no more than 8 years old

• Compare multiple offers
• No credit checks
• Fast approvals
• Some lenders accept older vehicles as collateral

• Vehicle inspection may be required

Loan Amount	$500 – $50,000
APR Range	Up to 35%
Loan Term	6 - 120 months
Serviced Provinces/Territories	All provinces
Turnaround Time	Varies
Min. Credit Score	300
Fees	Varies by lender
Requirements	- Canadian citizen or resident - Age of majority - Meet eligibility criteria with partner lender

Summary of Lend For All ratings and reviews

Feature	Details
Trustpilot rating	3.8 out of 5 stars based on 2 Lend For All reviews
Google rating	4.5 out of 5 stars based on 21 Lend For All reviews (Toronto location)
BBB accreditation	No
BBB rating and reviews	A+ rating, no Lend for All reviews available
Reviews as of	September 17, 2026

18. Calgary Title Loans

Up to $35,000

Loan Amount

14.95% – 29.99%

APR

Undisclosed

Term

• Info
• Pros/cons
• Details

Calgary Title Loans is run by Rossi Financial and offers car title loans in Alberta. You can borrow up to 50% of the value of your vehicle up to $35,000. Loan terms up to 5 years are available, and interest rates start at 14.95%. While there's no credit check required to get a loan, you can submit to a credit check to potentially qualify for a lower interest rate, longer loan term or higher loan amount.

Requirements

Vehicle must be no more than 10 years old (exceptions apply)

• No credit check required
• Early repayment allowed
• Flexible payment options

• Alberta only
• 29.99% interest rate for the no credit check option
• No reviews available

Loan Amount	Up to $35,000
APR Range	14.95% – 29.99%
Loan Term
Requirements	no more than 10 years old (exceptions apply)

Summary of Calgary Title Loans ratings and reviews

Feature	Details
Trustpilot rating	No reviews available
Google rating	No Calgary Title Loans reviews
BBB accreditation	No
BBB rating and reviews	No rating or reviews available
Reviews as of	September 17, 2026

19. Usolve Financial

Undisclosed

Loan Amount

Undisclosed

APR

Undisclosed

Term

• Info
• Pros/cons
• Details

Usolve Financial is perhaps best known for its payday and installment loans, but it also offers car title loans up to $10,000, with an APR of 34.99%. You can apply online or visit your nearest Usolve Financial branch, as this lender has 10 branches across Ontario. If you live in another province, you'll need to consider other options.

Requirements

• Must be 18 years or older and a resident of Ontario
• Must receive employment income
• Must have an active bank account

• 10 locations across Ontario
• Bad credit is OK
• Funds are typically deposited in the same day

• High interest rates
• Ontario only

Loan Amount	Undisclosed
APR Range	Undisclosed
Loan Term

Summary of Usolve Financial ratings and reviews

Feature	Details
Trustpilot rating	No Usolve Financial reviews available
Google rating	Varies by location
BBB accreditation	No
BBB rating and reviews	D+ rating, no reviews available (Brampton location)
Reviews as of	September 17, 2026

20. Money Mega Mart

Up to $25,000

Loan Amount

Undisclosed

APR

12 to 48 Months

Term

• Info
• Pros/cons
• Details

Money Mega Mart offers completely online car title loans. Established in 2009, the lender offers loans with no credit checks up to $25,000. If you're approved, you can get fast access to the loan amount via e-Transfer.

Requirements

• Vehicle must be free or almost free of any finance
• Vehicle must be less than 8 years old and registered in your name
• You must be 18 years of age or older

• Apply online 24/7
• Fast access to funds.
• Bad credit is OK

• Mixed reviews
• Some lenders accept older vehicles as collateral
• APRs of 6.99% – 35.00%
• Only available in Ontario, Manitoba and New Brunswick

Loan Amount	Up to $25,000
APR Range	Undisclosed
Loan Term	12 to 48 Months
Serviced Provinces/Territories	Ontario, Manitoba and New Brunswick
Requirements	less than 8 years old and registered in your name

Summary of Money Mega Mart ratings and reviews

Feature	Details
Trustpilot rating	No Money Mega Mart reviews available
Google rating	3.1 out of 5 stars based on 26 Google reviews (Ottawa location)
BBB accreditation	No
BBB rating and reviews	A+, 1 out of 5 stars based on 2 Money Mega Mart reviews
Reviews as of	September 17, 2026

What is a car title loan?

Car title loans use your vehicle as collateral to secure a loan. You can still drive your car while repaying the auto title loan, but if you don’t make regular repayments, your vehicle can be repossessed and sold by the lender to recover costs. You will generally have 3 – 60 months to repay an auto title loan.

Common features of car title loans in Canada

• Loan amounts. You’ll usually be offered up to 25–50% of the value of your car.
• Rates. Car title loan rates generally range from 9% to 35%.
• Same-day funding. It’s easy to get quick car title loans in Canada. The average funding time is within a few hours up to one day from the time you submit an application and get an inspection.
• Eligibility requirements. Your car will need to meet certain requirements, which we break down below.

Is a car title loan right for me?

Vehicle title loans might be a high-cost financing option but can make sense in the following situations:

• When you need money fast. As long as you have your paperwork in order, you can get quick car title loans in Canada. The usual turnaround time is a few hours to a few days from the time of application/inspection, with many lenders offering same-day funding.
• When you have poor credit. Car title loan providers typically accept all credit types. Many lenders also offer vehicle title loans with no credit check.
• When you need a large loan. Using your car as collateral can help you access a larger loan amount. Vehicle title loans can sometimes run as high as $50,000, depending on the value of your vehicle and your financial situation.

Common fees you’ll pay for car title loans in Canada

Car title loans come with fees such as:

• Vehicle evaluation fee. This is a fee to determine the value of your car.
• Search fees. Your lender may charge a fee to verify that your car hasn’t been in any accidents and to check that there aren’t any liens on your car.
• Administration fees. The lender may charge this fee to set up your account.
• Registration fee. The lender may charge to put a lien on your car.
• Roll-over fee. You pay this fee to extend your loan term.

Lenders may only charge some of these fees, so check the loan contract carefully for details of any charges that will apply to your loan.

Car title loan requirements

Before you apply, make sure you meet the lender’s eligibility requirements. Criteria differ from lender to lender, but you’ll likely need to meet these requirements to qualify:

• Be a Canadian citizen or permanent resident

  Verify your identity with a government-issued photo ID like your driver’s licence or passport. You might also need to prove that you live in the province in which you’re applying for a car title loan.

• Age of majority

  You must be at least 18 years old (or 19 in some provinces).

• Proof of a steady income

  Lenders often ask to see recent pay stubs, bank statements, receipts from benefits or other evidence that you can afford to pay back your loan.

• Clear title in your name

  You must provide registration/insurance in your name to prove you own your car. You may also be required to provide a bill of sale or other proof of ownership, depending on the lender.

• Vehicle inspection

  Lenders may ask for a vehicle inspection certificate to make sure your vehicle is in drivable condition.

• No bankruptcy

  Some lenders offer car title loans with no credit check, but you may have trouble qualifying if you’ve gone through bankruptcy in the past few years.

• Vehicle requirements

  Each lender will have their own criteria for determining whether your vehicle is suitable for a car title loan. For example, your car may need to be less than 10 years old and have less than 200,000km on the odometer.

How to get a car title loan

Follow these steps to get a car title loan, whether you apply online or in person.

• Compare lenders

  Look at features like APRs, how much you can borrow, where the lender is located and the vehicle eligibility requirements to find the right fit for you. You’ll also want to figure out if you want to apply for online car title loans or with a local lender in person.

• Fill out the application

  Once you’ve narrowed down your search, proceed with the application. Provide your car’s make, model and condition as well as your contact information and employment and income details.

• Provide additional documentation

  You may need to provide additional documents to verify your application, including a copy of your driver’s licence, proof of income (like a recent pay stub or bank statement), proof of residency (like a recent utility bill or lease) and proof of insurance.

• Upload photos and your car title (if applying online)

  Upload pictures of your vehicle from various angles based on your lender’s specifications. You’ll also need to upload your car title and insurance documents.

• Bring in your car for inspection (if applying in person)

  Drive your car to the lender for an in-person inspection and valuation. You must also provide your car title in person.

• Sign the loan contract

  Agree to the loan terms (including term length, APR and amount). Make sure you look for hidden fees, and read the fine print before signing any loan documents.

• Receive your funds

  Lenders offering online car title loans will send funds to your bank account in as little as an hour. In-person lenders may pay you on the spot or send funds once you’ve brought your vehicle in for appraisal.

Pros and cons of auto title loans

What vehicles can I use as collateral?

Other vehicles like motorcycles, trucks, boats or recreational vehicles (RVs) can be used to back vehicle title loans. It works the same way. You take out a loan using your vehicle’s title as collateral, and you can still drive your vehicle while paying off the loan.

Leave extra time for an appraisal if you’re applying for a title loan with a boat, yacht, truck or RV. Getting these types of vehicles inspected and appraised might be a little more complicated than simply driving your car to a lender or inspection centre.

Bottom line

If you’ve got less-than-perfect credit but you own a car, a car title loan offers a convenient way to access a fast loan. But be aware that auto title loans often come with high APRs, and failure to repay could result in losing your car. Make sure you compare car title loans from a range of lenders to find an option that suits your needs.

Related: Thinking of getting a new car soon? Compare car loans in Canada.

Frequently asked questions

• What do I need to get a car title loan in Canada?

  You'll usually need to be the sole owner of a car that is in good to excellent condition with no other outstanding liens on it. The insurance and registration for the car must be in your name. From there, you might need to meet other eligibility requirements such as having a bank account, being a Canadian resident and being the age of majority in your province.

• Can I get a title loan if I don't have a car title?

  It's not possible to get a car title loan without documentation to prove that you own a vehicle. If you've lost your car title document (which is your registration in Canada), you can apply for another copy with your provincial service agency.

• Is it harder to find a car title loan online than it is in person?

  It can be more difficult to qualify for quick car title loans in Canada completely online since most lenders will want to inspect your car in person. Some lenders might be willing to receive photos and an inspection report from a third party, but you'll need to shop around to find one that will let you send this information in virtually, and it could take more time to process.

• Can I get a car title loan if I don't have a job?

  You can get a car title loan with no job if you have other forms of income coming in like unemployment, disability, pension or tax benefits. Most lenders require that you have some form of income or proof of savings to show that you can pay your loan back on time.

• What happens if I can't pay back a vehicle title loan?

  Your credit score will go down if you miss payments or make late payments. If you default completely on your loan, your lender will eventually repossess your car and sell it off to make up their losses. Depending on where you live, your lender may be required to set you up with a payment plan before this happens, so be sure to reach out and explore your options.

• Can I refinance my title loan online?

  It depends on where you live. Some provinces restrict how often you can refinance a title loan. If it's legal in your province, some online title loan providers offer refinancing services. Reach out to your lender to learn what your options are.

• Can I sell my car that has a title loan on it?

  Yes, but it's not always easy. Learn more about how to sell a car with a lien on it.

• Can I get a car title loan online?

  Yes, some lenders offer completely online car title loans. You can apply online and provide details of your vehicle's condition and mileage. You need to upload pictures of your vehicle along with proof of ID and ownership. If you're approved for auto title loans online, the funds will be transferred to you by direct deposit or e-Transfer.

• Where can I get a loan using my car as collateral?

  Car title loans are typically offered by private lenders rather than traditional lenders like banks and credit unions. Private lenders might let you borrow up to $50,000 against your car title, and you often won't need to complete a credit check to get a loan. However, car title loans often come with high interest rates, and you run the risk of losing your car if you fail to repay the loan.

• How will a car title loan affect my credit?

  Some lenders will not report your on-time payments to the credit bureaus. On the other hand, if you make late payments or miss payments altogether, your lender may report it to the credit bureaus, which will decrease your credit score.