Why Are Car Equity Loans Gaining Popularity?
Well, it’s about time people understood the importance of auto equity loans. These loans have been around for quite some time but have picked up the pace very recently thanks to the same day loan processing and same day disbursement feature that they offer. More and more people are becoming aware of the advantages and benefits that car equity loans have to offer.
Get Loan Approved has been lending the best auto title loans for many years. People come to us whenever they find themselves in financial troubles. Some need money for big medical expenses while some loan money to pay their overdue utility bills. Whatever the reason, we are here 24/7 to lend you money against the title of your car. All you need to qualify for the loan is a fully paid for vehicle with a clear title. The qualifying loan amount is decided by computing the equity in the vehicle and its overall condition. This equity in your vehicle gets you the cash for the unexpected financial crisis you may face.
Our auto title loans are a perfect fit for the customers who don’t want to waste their time waiting for other lenders to approve their loan. These lenders can take several days or even week to process. Our customers don’t have to face the hassles of signing and submitting countless paperwork because we require very minimal documents to process the loan requests. We work on the loan request the very same day of receiving it and you can get your loan money within hours of the final approval and inspection.
Credit score plays a huge role in the lending industry. Several people get denied because their credit scores are not at par with the industry standards. Well, we have good news! We don’t consider the credit score of the borrower and this is the main reason why our car equity loans are popular amongst Canadians. We don’t do any credit checks! .
The Requirements
Below are the documents you need to submit for the verification process.
- A lien-free title to a fully paid off car (no older than 10 years)
- Proof of permanent residence
- Vehicle registration and insurance papers in your name
- Second set of vehicle’s keys
- Valid Canadian driver’s license
- Proof of legal age as per your province
The Benefits
- No credit checks or credit history required
- No employment details asked
- No prepayment penalties
- Keep your vehicle
- Up to 5 year loan terms
- Competitive interest rates
- Same day cash disbursal
- Borrow up to $50,000
- Flexible payment options
- Friendly customer service
- No proof of income required
Your time is precious and shouldn’t be wasted in waiting when you are capable of helping yourself. Use your car to get the funds needed to unburden yourself from the weight of unexpected expenses. We understand, it can be a little overwhelming to work full time or at multiple jobs, and still not be able to save for the rainy days. We’ve got your back!
The Application Process
- Call us or apply online – Get Loan Approved lends out money to people all over Canada. Nothing can be better than a quick cash loan that’s just one quick call away. Alternatively, you can fill out an online application form too. All you have to do is enter in the details of your car, year, make and model etc.
- Submit the documents – Over the phone you’ll be guided to submit the documents for verification. All these documents will be given back to you. We shall only keep the title paper as security until the loan is paid in full..
- Get the vehicle inspected – Next in line for verification is the vehicle. Upon calculating the equity value and condition of the car, the loan value will be decided. Once the vehicle is inspected, you can take it with you. There’s no need to surrender it or even have it stored. You can use your vehicle as you normally would.
- Receive cash – Receive up to $50,000 in cash based upon factors such as the year, make, model, odometer reading and condition of the vehicle.
Call (toll-free) 1-855-653-5448 or apply online today and get the loan funds you need now!