Are Bad Credit Car Loans A Good Idea To Get Money?
When you are going through a financial crisis in your life, the best solution nowadays is to get money from a car title loan. But it is different from other loans such as personal or home loans. Here, you will be using your vehicle as collateral, but you don’t have to surrender it to the lender. You’ll only submit the title document to them. Below is what to expect from a bad credit car loan from Get Loan Approved.
A vehicle title loan is a secured and same-day loan that is given for a short period in exchange for collateral on your car. The loan amount is the equity value of your car that is calculated on the basis of its market value and working condition.
Why Choose Get Loan Approved To Get A Bad Credit Car Loan in Canada?
Get Loan Approved is one of the best lending institutions for getting a car title loan in Canada. This is because they offer several benefits. You can get up to a $25,000 loan amount against your fully paid for vehicle. But remember your vehicle should not be older than ten years and it must have a lien-free title. Have a look at the other advantages that you can enjoy:
No credit check
No job requirements
Low monthly payments
Competitive interest rates
Long loan terms
Keep your car and enjoy driving it
No prepayment penalties
Process Of Getting Approval
The process is quite simple and convenient. You can apply in three ways i.e. calling us, filling out an application form online, or visit our office near your location. After that, one of our loan agents will contact you and schedule an appointment. Then you have to submit the required documents to process the loan and bring your vehicle to our office. The experienced agents will inspect your vehicle to calculate the equity value. You’ll get the loan amount you need on the same day after getting the approval.
Requirements For Getting A Bad Credit Car Loan
We don’t want our clients to feel pressured with a lot of paperwork while applying for bad credit auto loans. Thus, we ask them to submit only a few documents such as:
A fully paid for vehicle
A valid Canadian driver’s license
A lien-free title of the vehicle
Vehicle registration papers in your name
Proof of permanent residence
Proof of legal age as per your province
Insurance papers in your name (collision and comprehensive)
The second set of keys that work on all the doors including the ignition
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ReplyDeletePhone: +1 719 629 0982
VAT number EE101252401
E-mail: andersonraymondloanfinance@gmail.com
Office address is (68 Fremont Ave Penrose CO, 812400).