Debt is one of those things that trouble us the most when it comes to managing our finances. Nobody wants to be buried under tremendous debt. But sometimes situations don’t always work in our favour. We end up finding ourselves short on cash just for o our daily needs. Well, there’s no need to worry about money since we are here with industry-best auto title loans. Let us answer all your questions regarding, “How to borrow using my vehicle ”. Seeking our title loans is an effective means of dealing with your day to day expenses. Whether it is a long overdue credit card bill or unexpected medical expense, you can take a loan against the title of your car in no time. No need to rely on banks or other traditional funding institutions.
Auto Title Loans
Auto Title Loans is an immediate way of getting funds using the title paper of your car. This title paper is also sometimes called a pink slip. Easily solve your financial problems by using your car title papers as collateral and getting funds you need based on the equity value of your car. What does collateral mean?? In a secured type of loan, a collateral is a valuable asset that is used as security for a loan. In the worst case scenario if a client is unable to pay back the loan the lender would have rights to take whatever asset was used for collateral to make up for the money owed. The collateral, like in this case would be the vehicle title papers.
The following are the benefits of a vehicle title loan from Snap Car Cash:
Borrow up to $50,000 with us.
Loan terms are as long as 5 years.
You can secure quick cash within the same day of applying.
No credit checks
No job requirements or proof of income needed.
Keep your vehicle.
All Credit Types Accepted
Many Canadians experience bank loan rejections due to dented credit reports. A perfect credit score is a rare find nowadays. This doesn’t mean people cannot apply for loans or get help when needed. At Snap Car Cash, we make sure everybody qualifies for a loan no matter what their credit score is. Rejecting loan requests just because of a dented credit history is not how we do things.. We understand people go through tough times, which cause us to make poor decisions resulting in a poor credit score. This however, should not stop them from moving forward and applying for a loan when in need. A couple bad choices shouldn’t define your options or eligibility for a loan. With us, credit history or your past choices are not a factor with us!
What is a Prepayment Penalty?
When you apply for a loan with us, you get the advantage of closing it out when you wish. Generally, with banks, if a borrower wishes to close out the loan earlier than the agreed loan term duration, there is a prepayment penalty applied. Our loan process is free from these charges. This means you can make an early payment to pay out the loan without worrying about paying extra money for penalty charges.
Keep Your Vehicle
When you apply for an auto title loan with us, you don’t have to surrender your vehicle. We understand your vehicle carries a lot of importance for you. We will just hold on to the title papers of the car and you are free to drive your vehicle even when you are making payments for the loan.
Auto Title Loan Requirements
To apply for auto title loan, please provide the following documents:
Proof of legal age as per your province
Valid Canadian driver’s license
A clear lien-free title to your car
Your vehicle’s registration papers in your name
Your vehicle’s insurance papers in your name (collision and comprehensive)
Proof of permanent residence
Second set of keys to your vehicle
How To Apply?
Call us (toll-free) 1-888-886-SNAP (7627) to talk to one of our loan agents. Any of our agents will gladly walk you through each step of the loan process. In case you have questions regarding how to ‘borrow using my vehicle’, we will patiently answer them ensuring you understand our loan process. Alternatively, you can visit our website and apply online Please fill out our application form with your personal details like your name, address, phone number and car details. Once submitted one of our agents will be in touch.
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