Who doesn’t need money? Even the ones who planned their lives well need money to maintain financial stability. People who depend on their paychecks every week face financial struggles and find it difficult to have enough money at all times.
What if we tell you that you can get easy money by pawning your car? Applying for an auto title loan online can be really helpful for those who need immediate cash to pay their utility bills or credit card bills and other expenses. If you have any queries related to this loan, you may want to read the following FAQs.
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Is it necessary for the borrower to have a good credit score in order to apply for the loan?
We won’t require a good financial history in order to process your loan request. If your vehicle is free from all financial obligations, you can borrow up to $25,000 from us. We don’t run any checks on your credit history and lend instant funds regardless of your credit score.
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How long does it take to process the loan request and receive the cash?
Our loan process is quick and safe. We start working on your loan request as soon as we receive it. You get your funds as soon as we inspect your vehicle and approve the loan request. If you are in need of cash, borrowing from us using an auto title loan online is the best option.
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What are the requirements to apply for this loan?
A car title loan can be availed using your vehicle title. Your car should be in a good condition and must be free from lien, loans, and other obligations. We do not need any proof of employment or income as well. The needed requirements are listed below:
- Have a fully-paid vehicle that is not older than ten years
- A valid Canadian driver’s license
- Vehicle registration papers under your name
- Insurance papers in your name which must include collision and deductible
- Proof of permanent residency
- A spare set of keys of your lien-free vehicle
- Proof of age in your location
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What is the repayment process?
The repayment process is very easy and convenient. The monthly installments can be as low as $97. We provide flexible repayment options for you to choose from during your loan term which can be up to 4 years. We even have a 3-month deferred payment plan for new clients.
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Are there any payment penalties for early payouts?
You are free to finish your loan with us before it’s due. Unlike banks and other lending sources, we won’t charge any penalties for making an early payout. To repay your loan early without worries.
Call us on our toll-free number 1-877-804-2742 to book your appointment with our loan representatives. One of our loan agents will be happy to help you throughout the entire loan process. You can even apply online.
You can follow us on social media:
Face book: https://www.facebook.com/Canada-Car-Title-Loans/
Twitter: https://twitter.com/CNcartitleloans