Auto Equity Loans vs. Title Loans in Ontario
Wondering whether an auto equity loan or a traditional title loan is right for you? At Ontario Title Loans, we offer flexible, fast cash solutions backed by your vehicle's value—not your credit score.
With a traditional Ontario title loan, your vehicle must be fully paid off and the title handed over during the loan term. In contrast, an auto equity loan allows you to borrow even if you're still making payments on your car. The loan amount is based on your available equity—the appraised value of your vehicle minus any remaining loan balance.
Our revolving auto equity loan program lets you borrow up to 50% of your car’s equity, with more flexibility and long-term access to funds.
Why Choose an Auto Equity Loan in Ontario?
- No credit check required for basic approval
- No proof of income needed for standard funding
- Optional credit check may unlock longer terms, lower rates, and higher loan limits
- Revolving credit access for up to 5 years
- No penalties for early repayment
- We report to Equifax—helping you build or rebuild credit
- Streamlined online application—get approved in hours
- Competitive interest rates across Ontario
- Vehicles up to 20 years old may qualify (condition-dependent)
We proudly serve cities across Southern Ontario, including Windsor, London, Hamilton, Mississauga, Brampton, and more. Whether you have bad credit, no credit, or a unique situation—our team is ready to help you access fast, same-day cash using the equity in your car.
Apply now online and see how much you qualify for—fast, safe, and 100% confidential.