How To Get A Car Equity Loan?

 

This loan has been in the market for quite a long time but has recently gained momentum, all thanks to the same day loan processing and disbursement feature. However, not  everyone today is aware of the advantages and benefits these car equity loans have to offer. 

For years Approve Loan Now has been leading the auto title loan industry. People come to us for financial aid during 0 tough times. While some need money for clearing big medical bills, others loan money to pay their overdue utility bills. Whatever be the reason, we assure you monetary help against the title of your fully paid for car. All you need to qualify for the loan is a fully paid for vehicle with a clear title.The amount for qualifying for the loan is decided by computing the equity in the vehicle and its overall condition. With the help of this equity, you can look after your unexpected financial crisis that keeps you worrying day and night.

Our auto title loans are a perfect fit for the customers who don’t want to waste time waiting for their loans to be approved through other lenders. These lenders can take upto several days or even weeks to process your loans. Our customers can bypass the hassles of signing and submitting countless paperwork. That’s because we require basic documents to process the loan requests. We start working on your request the very same day of receiving it so that you can get your loan money within hours of the final approval and inspection. 

Credit score plays a huge role in the lending industry. Several people get denied because their credit scores are not at par with the industry standards. Well, we have good news!  We don’t take your credit score under consideration and this is the main reason why our car equity loans are popular amongst  Canadians. We don’t do any credit checks! . 

The Requirements 

Below are the documents you need to submit.  

  • A lien-free title to a fully paid for car (no older than 10 years)
  • Proof of permanent residence 
  • Vehicle registration and  insurance papers in your name
  • Second set of vehicle’s keys
  • Valid Canadian driver’s license
  • Proof of legal age as per your province

The Benefits 

  • No credit checks or credit history required
  • No employment details asked
  • No prepayment penalties 
  • Keep your vehicle 
  • Up to 6 year loan term 
  • Competitive interest rates
  • Same day cash disbursal
  • Borrow up to $50,000
  • Flexible payment options
  • Friendly customer service
  • No proof of income required

We understand that life is fast and your time is precious, it shouldn’t be wasted in waiting when you are capable of helping yourself. Use your car to get the funds needed to unburden yourself from the unexpected expenses in life. 

We understand, it can be a little overwhelming to work full time or at multiple jobs, and still not not have enough savings for the rainy days. Forget worrying over it! We’ve got you covered! 

The Application Process

  • Call us or apply online – Approve Loan Now lends out money to people all over Canada. Nothing can be better than a quick cash loan that’s just one quick call away. Alternatively, you can fill out an online application form too. All you have to do is enter in the details of your car like year, make and model etc. 
  • Submit the documents – You’ll be instructed  to submit the documents for verification. We shall only keep the title paper as security and only temporarily until the loan is paid in full. 
  • Get the vehicle inspected – Next in line for verification is the vehicle. Upon calculating the equity value and checking the condition of the car, the loan value will be decided. Once the vehicle is inspected, you can take it with you. There’s no need to surrender it or even have it stored. You can use your vehicle as you normally would.
  • Receive cash – Receive up to $50,000 in cash based upon factors such as the year, make, model, odometer reading and condition of the vehicle.

Call (toll-free) 1.844.452.4125 or apply online today and get the loan funds.