Why Choose a Loan Against A Car Title?
It should not come as a surprise to you that many Canadians live paycheck to paycheck.. If any emergency expense arises, it causes extra burden and can lead to mental fatigue. At such a turn in life, their one wish is to have loads of money and peace of mind. But the question is, “Where can they get this money quickly?” The short term money requirement can be fulfilled easily by taking a loan against car title
No need to sit all stressed and worried about the stacking bills on the kitchen table. We know that sometimes life can fill your plate with too many financial responsibilities to take care of If you feel like you are out of options, then simply opt for a car title loan. It is a fast and reliable money option, better than a personal loan. At Get Loan Approved, you can get the money for your urgent needs by using your fully paid off vehicle as collateral for a loan. This type of loan comes with lots of benefits.
Convenient Access
A Car Title Loan is a type of secured loan which requires the submission of your car title papers to the lender. You give your auto title papers for a specific period of time and get a cash loan in return. There are traditional ways like banks and credit unions that could lend you a personal loan but the process is usually complex and can take time for approval. . At Get Loan Approved all it takes is a simple application to be filled online and in a matter of minutes, you will be informed if you are pre-approved or not. You can easily fill out the application from the comfort of your home or mobile device. Visit www.getloanapproved.com and take the first step. Your loan is just a few clicks away.
Quick Processing
You need money fast when you find yourself in a bind. You cannot rely on a bank or credit union. It could take days or even weeks to come up with an approval decision for your personal loan request. Worst case scenario they could straightaway reject your loan request on the basis of your low credit score. The prerequisites for getting a loan from a financial institution are far more extensive and complex. Get Loan Approved requirements are opposite of that. We don’t need credit scores or proof of credit history. The only thing require is a lien free vehicle and simple paperwork for the approval process. Because of simple paperwork, the loan process is streamlined and the loan gets approved quickly.
Simple Paperwork
Unlike other sources, getting a loan against a car title from us is very simple. The whole process requires minimal paperwork. The documents required are basic papers that we easily have access to. Below you’ll find a list of the documents needed for a vehicle title loan:
- A valid Canadian driver’s license
- Lien free title of the vehicle
- Vehicle registration papers in your name
- Government issued ID
- Proof of permanent residence
- Comprehensive and Collision Insurance papers in your name
- Second set of keys that work on all doors and ignition
Pocket-Friendly Payments
One advantage of a Car Title Loan that works in favour of the borrower is that we don’t require proof of income. Nothing could be more easy on the pocket of the borrower. Other financial institutions ask for proof of income to ensure that you can afford to pay the loan on a monthly basis. They also charge extra fees if you choose to pay off the loan before the termination of the term.
With us, you can borrow up to $50,000 for a long term period spread over 5 years. Your monthly payments can be as low as $97. In case you wish to pay off the loan before the expiry of the loan term, feel free to make an early payment, without worry of any additional fees.
Call us toll-free 1-855-653-5448 or apply online for further details on how much you qualify for!
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