Why car title loan come in handy in any bad financial situation? There are times when it is difficult to manage the financial situations of our life. An unexpected financial emergency can strike at any time and affect our lives greatly. In times like these, it is crucial to get immediate financial help to solve the problem. If you are also struggling to manage your household expenses and in paying bills on time, you’re at the right place. Canadian Title Store is here to help you get quick money to solve your personal finance needs.
Sometimes it becomes difficult to manage numerous things at the same time. Expenses such as; medical bills, sudden vehicle and home repairs, etc. demand a huge amount of money. It is hard to borrow a large amount of money from your family or friends.
If you are considering banks or other lenders as your option, you may have to wait for weeks or months. In addition, if you have a bad credit history, you may face rejection as well.
Thus, the best option is to apply for a car title loan. You can use your valuable assets like a car, a truck or SUV as collateral. Also, the loan amount depends on the equity value of the vehicle thus it is known as a car equity loan.
Process of Getting Approval For A Car Title Loan
The complete process of getting a Car Title Loan is simple and comprises three easy steps. Now let’s take a closer look at each of them.
Step #1: Applying for a loan
With us, you don’t have to stand in long queues and fill up long application forms to apply for Car Title Loan. You can apply in the easiest way like visiting our website and filling out the basic application form. Don’t worry, we are not getting into your personal lives. All we need from you are your contact details and some information related to your vehicle.
Another way to apply for a Car Title Loan is to visit our store and fill out the details there.
Step #2: Your verification and vehicle inspection
Once you get pre-qualified for the loan, you’ll be asked to submit the necessary documents to verify your identity and your ownership of the vehicle. The documents are as follows;
- Vehicle’s lien-free title papers
- A valid ID proof issued by the government
- Vehicle registration papers
- Vehicle insurance papers
- Proof of permanent address
- Proof of legal age
- Valid Canadian driver’s license
You’ll also have to bring your vehicle for inspection and calculate the equity value.
Step #3: Get the cash and drive away
As soon as you get the approval, you can collect the cash and drive away in your vehicle. Yes, you need not surrender your vehicle to us. You can continue using it during the loan term.
Therefore, if you ever find yourself in a financial rut, just call Canadian Title Store at our (toll-free number) 1-844-512-5840 and get rid of all these problems.
