There comes a time when we face a situation where we are in need of some urgent money to cover our bills and expenses. People get stuck in these financial problems due to many reasons, like a job loss. During tough times you need some extra cash to handle your financial well being. There are so many moneylenders in the market that you can turn to for help. It’s just a matter of choosing the best one to best suit your financial issues. In this situation, Car Title Loans Canada is a great option to get a car collateral loans with no hassles.
Car collateral loans are loans that use the equity in your car as collateral to borrow cash. These are also known as car title loans or pink slip loans. If you own a fully paid vehicle and need emergency cash, this loan could be the perfect option for you. Car Title Loans Canada will provide the cash you need based on the equity of your current vehicle. Use your vehicle title as collateral to obtain quick cash with us. One of the benefits is that we do not keep your car during the loan. You can keep your car while making loan payments.
Benefits of Car collateral loans:
- Help cover any emergency finances:
Many times, people are faced with a financial emergency, like a sudden job loss, and they need quick cash to help get back on their feet. A car collateral loan can provide the cash you need to pay your bills while searching for a new job or a new source of regular income. It helps ease the pain of having late bills or unmet needs, so you don’t have to lose sleep at night, during a rough financial patch.
- No need to wait a long time to get your cash or get approval.
A credit check is must with bank loans. When you apply for a bank loan, they take a much longer time to be approved because of their lengthy credit and background check. Banks want to make sure that the borrower is an ideal candidate which is usually measured by their good credit history of past loans and payments. It gives them security knowing that they can trust and lend money to the borrower. At Car Title Loans Canada, we perform zero credit checks during our application process. Our decision is quick and is based on other factors on your car such as the market value and condition of your vehicle.
No one has a lot of time when bills are overdue. If you need the extra financing now, consider a car collateral loan to help you quickly with no hassles..
- We don’t require a lot of documents
Car Title Loans Canada only requires a couple of basic documents. The most important thing you’ll need is a lien-free car title on your vehicle. This means your car should be free of any debt or liens. We also require you to be of legal age in your respected province with supporting identification and proof of permanent residence. Your vehicle should also be registered and insured in your name
- You’ll pay less interest
When you have a loan out for a long period of time, like traditional loans or banks loans, you have to pay high interests, without even realizing it. Since car collateral loans are spread out for a period of time, we offer very low competitive interest rates. This saves you money in the long run and is easier to pay back.
- There are no early payment penalties
There are no prepayment penalties on our collateral loans, unlike other bank loans. Banks don’t allow the payments before the given time frame without a possible penalty. Car Title Loans Canada never charges prepayment penalties or any hidden fees. You can pay your loan anytime. We provide flexible payment options with no prepayment penalties so our clients are at ease and stress-free for the entire duration of their loan.
Get Started on Your Short-Term Loan Application at Car Title Loans Canada Today!
It’s easy to see why a car collateral loans from Car Title Loans Canada is the perfect option to help you get back on your feet. There is no need to wait to get approved and get the money you need. Start your application now by filling out our online form. After completing the online form, our representatives will contact you within 24 hours. If you have any questions or want to talk to one of our friendly professionals, Call us (toll-free) 1-855-653-5451 to get approved for your loan today!
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