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Why An Auto Pawn Loan May Be The Right Option For You?

Jan 1, 2020

Finding money for emergency needs is a big challenge for many people living in Canada. Just one unexpected misfortune can cause severe financial hardship, especially for people with poor credit. Financial problems can arise at any time, and usually occur when you are not prepared and don’t have enough savings to handle such issues. The first thing which comes to our mind at this time is to get a loan from a bank. However, there are times when banks do not allow you to get quick approval or immediate cash because of bad or poor credit. This makes it difficult for people to qualify for a loan. If you need urgent cash to solve your unexpected expenses like medical bills, school fees or other expenses,  you can consider auto pawn loans from Canadian Title Store. This will help you get instant cash in hand on the same day you apply. These loans provide immediate cash to people in need of quick cash.

What are Auto Pawn Loans?

An auto pawn loan is a loan backed up by collateral, which in this case is your vehicle. When you obtain an auto pawn loan, you’ll receive money based on your vehicle’s market value and condition. Our loan representative will inspect your vehicle to determine its value. Based on that information, you will be notified of the amount that your eligible to borrow. You can easily borrow up to $60,000 at the best interest rates in the industry. With a title in hand, you can get money for all of your financial problems.

Qualifying Is Easy For Our Auto Pawn Loans:

It’s fairly easy to qualify for an auto pawn loan with the Canadian Title Store. There are a few requirements that you must meet. This includes:

Vehicle ownership – To be eligible for an auto pawn loan, you must have free and clear ownership of the vehicle.

Age & ID – You’ll need to be of legal age to pawn your vehicle. You must be of legal age and should have proof of permanent residency.

Registration and Insurance Documents-Your vehicle should be properly registered and insured in your name. You must also possess a valid Canadian Driver’s License.

Second Set of keys to your vehicle-You should also have a second set of keys to your car.

You can quickly get an Auto Pawn Loan in 4 Easy Steps:

  • Call us or fill out our online application form.
  • Submit the minimal paperwork requirements
  • Get approved and receive cash
  • Keep your car

Enjoy Various Benefits Of Getting An Auto Pawn Loan With Us:

Fast Access to Cash

One of the best advantages of auto pawn is that the borrower gets fast cash immediately. You can solve your financial issues within the same day.

Less Hassle

Because auto pawn loans are secured with the title of your auto as collateral, they do not have any credit or job requirement as well as any tedious paperwork that may be involved in other loan types.

Lower Interest Rates

They have lower interest rates than any unsecured loans.

Drive While You Pay

Another great thing about auto pawn loans is that, when you use your car to finance an auto loan, you can continue to drive that car while you are paying off the loan. Only the title of your vehicle is held for the period of the loan, and you can still use your car as normal.

Payment Terms

You get the best and most extended loan terms with flexible monthly payment plans.

The Best Way to Get The Money You Require!

When you pawn your auto title with us, you will be on your way to getting right back on to your feet! Pawning your vehicle’s title is the Best Way to cover any expenses you might be facing.

Call us(toll-free) 1-844-512-5840 or apply online now.

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