Low monthly car collateral loans
Bid Adieu To Your Money Problems With A Low Monthly Car Collateral Loan
July 4, 2020

 

Unexpected financial emergencies often lead to a cash crunch. Borrowing money from  friends and family seems like the only options. But that’s not it. Many people opt for the conventional way of getting a loan from a bank. But what if you have a poor credit score and the bank refuses to provide you a loan? Don’t worry. Quick Cash Canada has just the right product for you. Borrowing using a vehicle through a vehicle collateral loan is the best way of obtaining funds despite a bad credit rating. Nowadays people are considering this loan as the quickest method to cater to their financial crunch by using their car as collateral. If you are in need of instant cash this loan is your best option in the hour of need.

What is a car equity or a car title loan?

Using the equity value of your vehicle to get instant cash is what defines a car equity or a car title loan. The loan amount is decided on the basis of your vehicle’s present market value and its working condition. You can borrow using your car without worrying about your dented credit history. Also, you don’t have to surrender your vehicle to take this loan. All you have to submit are the lien free car title papers. Basically, you are using your car as collateral to obtain the loan based on its present worth.

We believe that in time of need you deserve to get the monetary help. The process of applying for this loan is not only easy but also quick. You get instant cash on the same day of loan approval provided all requirements are fulfilled.  

We Accept All Credit Types

Since this loan is secured against your vehicle and not your credit, the biggest advantage that you draw out from it is that there’s absolutely no requirement of possessing a good credit history. It is simple to understand that you can gain access to cash even with a bad credit history but you must own a vehicle with positive equity in it. It is not easy to get a loan approval with a bad credit history but we make it possible with our auto title loan.

Keep Your Vehicle

Borrowing using a vehicle doesn’t mean you have to surrender it. You get to keep it and use it just as before even when it is being used as collateral. We only keep the title papers of the vehicle with us, that too is returned once the loan is fully repaid.

Competitive Interest Rates

We provide the loan keeping in mind the urgency of the situation. And because of this we lend at the most competitive interest rates in the entire industry. 

Easy Repayment Plans

We provide quick and easy payment options for our clients. Our loan is spread over a period of 48 months. This makes it easy for you to manage your budget. With small monthly installments you can repay the loan easily. 

How to Apply?

The process is hassle free. All you need to do is fill out the online application form and send it across. One of our loan agents will contact you to explain the whole process and let you know about the required documents. 

We will set up an appointment with you for a quick inspection of your vehicle and verification of the documents. The loan amount is determined on the basis of your vehicle’s make and model, odometer reading, and its working condition.  

Required Documents To Get Approved 

To qualify for our loan you must have the following documents:

  • Proof of legal age as per your province
  • Proof of permanent residence
  • A lien-free title to the vehicle
  • A vehicle that is no more than 10 years old 
  • The vehicle must also be registered and insured in your name
  • A valid Canadian driver’s license
  • A second set of keys to your car

If you want to get rid of your financial problems, an auto equity loan can help you put your life back on track. Call us (toll-free) 1-888-517-1625 or apply online. 

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