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Can I Get A Car Equity Loan Against My Truck?

May 23, 2020

 

Tough financial times can definitely disturb your mental peace at any given  time. It can toss your monthly budget in the air and put you in a financial bind. There is no way to predict  when these times can strike and leave you financially stressed. But don’t worry, we are here to provide you the best financial assistance through a convenient and affordable car equity loan. Canadian Title Store offers an auto title loan up to $60,000 against the title of your vehicle with the most competitive interest rates around. There are so many benefits that work  in your favour  that you will not consider  a personal loan from a bank or other funding institution again. We will talk about them in a while.  You can take this loan against your truck provided you fulfil the basic requirements for the loan. We don’t only accept trucks but also  consider SUVs,  sedans, and many  other vehicle types.  What makes us the top choice for  Canadians are the following advantages  that not everybody in the title loan industry provides.

Car Equity Loan Advantages

  • We don’t do any credit checks! This means that our doors are open to all credit types. When you come to us for a loan we don’t ask for your credit score. Your past financial dealings are past and are not relevant in our loan process.. 
  • We don’t ask for your employment  details. Many lenders ask for your employer info and proof  of income as part of the loan process.   We only verify whether you can make the monthly payments with ease or not. Even people struggling between jobs can also easily apply  for  this loan.
  • We offer competitive interest rates that make your loan easy for you to repay. The monthly installments are super easy on the pocket that one can afford them without having to stress  about the monthly budget.
  • We don’t levy any prepayment penalties if the customer wants to make an early payment and close his loan. No extra fees or charges to pay off your loan ahead of schedule. 
  • Our loan terms are up to 6 years. This gives an ample amount of time for  the borrower to pay back  the loan  by making easy monthly payments. 
  • We don’t keep your vehicle!. We only simply hold onto the title papers of your  vehicle and spare set of keys for the entire duration of the loan. The vehicle is free for you to take once the loan verification and approval process is over. 
  • Our team of professional loan agents handle each and every case with care. No confidential or personal details are disclosed.  

When you apply for a car equity loan with us, we make sure that the entire process is quick and hassle-free for you. We ensure that your application is approved without wasting any time. Our goal is to get you as much money as possible  to provide you with sufficient loan money as per your needs. Therefore, regardless of the qualifying amount you are eligible for, you can borrow  as much (within the amount you qualify for) as your budget allows. This way you end up taking a loan amount which you are able to  pay back.   

 Paperwork Required

When you think of loans, you usually think of heavy and complex paperwork. But that’s not the deal with us. We are all about keeping the paperwork to a minimal level. All we need from you to qualify your loan request is :

  • Your vehicle title papers free from financial obligations
  • A valid Canadian driver’s license 
  • Fully paid  vehicle ready for inspection (no older than 10 years)
  • Registration papers of the vehicle in your name
  • Insurance papers in your name (collision and comprehensive)
  • Second set of keys to the vehicle
  • Proof of legal age as per your province
  • Proof of permanent address (computer generated mail in your name)

After looking at the above list, you must be thinking, ‘Is that it!’. Yes, that’s all. We keep the paperwork to a minimum to allow for a quick and easy loan process and loan disbursal. A car equity loan at Canadian Title Store is a hit amongst Canadians because of such reasons only. 

 Get your loan approval today by calling (toll free) 1-844-512-5840 or you can apply online too.

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