Unexpected situations such as; medical emergencies, sudden job loss or others can emotionally destroy a person. If one is not financially strong enough to handle such situations, it can affect them greatly and in a negative way. It is important to get financial help at the right time to avoid further problems. In such times, it becomes crucial to get money in minutes without any hassle.
Anyone can apply for our loan. What’s required on the borrower’s end is a fully-paid vehicle that is not older than ten years and is free from all liens. It doesn’t matter if you have a bad credit history or you are in between jobs, you can still get help from us. To get money instantly, follow these steps.
Step 1: Apply For A Loan Online
The process of applying for a loan is very simple. You do not have to visit our office to get an application form. You can apply for an auto title loan by visiting our website. You can fill in the details and send the form across by hitting the submit button. Within a few seconds, you’ll know the status of your loan application whether you qualify or not.
Step 2: Document Verification & Vehicle Inspection
If you qualify for a loan and want to get money in minutes, you will have to submit a few documents.
Step 3: Basic Documents Required For Loan Approval
We don’t want our clients to submit several documents and get all worked up. Our paperwork process is minimal and you just have to submit a few necessary documents.
- A lien-free vehicle title
- Registration papers of your vehicle under your name
- Vehicle’s insurance papers must be under your name
- Spare set of keys of the vehicle that can work on the ignition and all doors
- Proof of your permanent residency
- Your valid Canadian driver’s license
- Proof of legal age
After the verification of your documents, our loan experts will inspect your vehicle. This is to calculate the equity value of the car. The equity value depends on the working condition and current market value of your vehicle. Remember, you can only apply for the loan amount up to 30% of its equity value. As soon as you complete all these steps, you’ll get approval for the loan.
On the same day of getting approved, you can collect the loan amount via preferred mode; vis-a-vis bank transfer, e-transfer, cash or cheque. Don’t feel sad about keeping your vehicle as collateral with us. You can still use it like before and take it with you once you get the loan money.
Thus, whenever you face a financial problem, you can apply for a car collateral loan and get rid of any monetary problem. Canadian Title Store is always there to help you with all kinds of monetary problems. You can contact us at our (toll-free number) 1-844-512-5840 any time. You can also apply online if you want to.