It is possible for anyone to get stuck in never-ending money issues, given the present situation of the pandemic. You may think of applying for loans but do you want to opt for bank loans which generally take weeks or months, or you want to go for a quick option? If you have a good credit score, banks and other lending options can be a good option. But again you’ll have to wait for sometime before you get your money and resolve your issues. We have just the right thing for you to help you out of your ‘money misery’. Auto title loans online are available for people who want quick money and don’t have a reputed credit score to back it.
Imagine applying for a loan today and getting the funds by tomorrow. Well, this is exactly what happens when you apply for a car title loan with Snap Car Cash. It is one of the easiest ways to get monetary help when you need it the most. With quick approvals and less paperwork, one can easily apply for this loan and get up to $50,000 towards a loan. The only major prerequisite for this loan is a fully paid for vehicle registered in your name. If you have a car, truck, or SUV which you can use as collateral, you can apply for this loan in no time. The best part is that you don’t have to store the vehicle with us. You get to keep driving it as you would normally do.
Here are the most asked questions about Vehicle Collateral Loans :
FAQs Regarding Vehicle Collateral Loan
- What are the requirements to apply for this loan?
It is one of the easiest loans to apply for. Below is the list of things needed to apply for the loan.
- A valid Canadian driver’s license
- Vehicle registration papers in your name
- Insurance papers in your name which include collision and deductible
- Proof of permanent residency
- Spare set of keys to the lien-free vehicle
- Proof of age as per your province
- A fully paid vehicle no older than 10 years
2. How is it better than a bank loan?
Bank loans are a traditional way of borrowing money and applying for them requires a lot of documentation. This sometimes leads to delay in approvals and disbursal of funds. A borrower has to keep making frequent visits to the bank to know the latest status of his application or submit missing documents. Not only this, but you also have to have a credit score good enough to approve your loan request. It isn’t an easy task to get a loan from a bank.
3. Is there any credit check?
When you apply for an auto title loan online with us, you don’t have to worry about your credit score. We accept all types of credit and don’t let the client suffer from financial problems just because his credit score is low. In fact, we provide loans to people who are yet to build their credit scores.
4. What happens if you close the loan early?
In case you want to make an early payment to close your loan file, you can do that without having to worry about prepayment penalties. We don’t have any penalties for making an early payout. You are free to close your loan and take your title papers.
5. Do I have to let go of my car?
No. The loan is secured by the title papers of your vehicle and hence there’s no need to surrender your vehicle. You can keep driving it. We only store the title papers throughout the loan session.
6. When do I get my loan money?
As soon as you get your vehicle inspected by one of our loan agents, we approve your loan request. Right after this we disburse your loan money and hand it over to you through cash, bank transfers, or e-transfers.
Don’t delay now. Call us (toll-free) 1-888-886-SNAP(7627) or apply for your auto title loan online. Snap Car Cash ensures to maintain full confidentiality and privacy of our customers. We are present 24/7 to cater to your financial needs and answer all the questions regarding the loan procedure.