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Can I Get A Car Title Loan With No Credit Check?

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  For those borrowers that have been turned down for traditional financing options, car title loans can be an option. It allows you to borrow against the value of your car, so there is no need to worry about a credit check. Here’s what we do know car title loans are fast and convenient. They are also relatively inexpensive when compared to other lending options. If you already have a car, it can be easy to get approved for such loans as long as your vehicle is worth more than $2,500 or less than $10,000. Before you decide to take out a car title loan, it is important that you know what to expect. When you borrow money for a title loan, you don’t need to worry about collateral as much as other types of loans. Still, it can take up to 40 or even 90 days before you are able to pay the loan off. You will have 10 consecutive days after your loan term has ended during which you can pay off the balance in full without incurring any additional fees. You can also choose between a 12-mont...
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5 Thing You Need To Know About Car Title Loans

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1. Car title loans   are typically used by people who need quick cash. Title loans are short-term, with repayment times ranging from one month to one year. If you’re seeking a loan for anything other than car repair, then the debt may be unsecured and/or risky. Furthermore, if you can’t pay back your debt after the set period of time, whether it is due to not finding work or unemployment, then you risk having your car repossessed and sold at auction to satisfy your outstanding balance owed on the loan. So before getting a title loan for that new iPhone or laptop- consider all of these facts carefully before deciding what type of financial assistance will best suit your needs. You Will Need Your Car to Repay the Loan A major pitfall of taking out   Car title loans  is that if you lose your car, you will not only be left without transportation but also will have to repay the debt. With traditional loans, you don’t lose anything but your credit score if you default on paymen...
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Location: Canada
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How to apply for Car Title Loans?

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To apply for these car title loans , all that you will be required to do is fill an online application form. The application form shall be available on the website i.e. you can get it on the website of Get Loan Approved. The next step will involve document submission where you shall be required to submit the list of documents asked by the money lending institution. The list of documents is very minimal and includes the following in it. You will be required to present the proof of legal age as per your province. Proof of your car, i.e. the vehicle should be registered under your name. Proof that the vehicle is lien-free. Proof of your permanent residency. Proof of insurance of your vehicle.  Your Canadian driving license.  The vehicle that you will be keeping as collateral should not be older than 10 years.  This is the list of documents that you shall be required to apply for the car title loan and get approved for the same. But with us, you don’t have to worry about the ...
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