Loans taken through referrals of Canadiancashsolutions will be subject to credit and underwriting approvals. Canadiancashsolutions is a leading mentor company and not a lender. Canadiancashsolutions only works with financial service providers that adhere to Canadian laws and regulations. Loans disbursed are from $500-$35,000 with terms from 4 months to 60 months or longer. APRs expand from 2.99% to 46.96% and will depend on our lending partner's assessment and evaluation of your credit profile. For instance, on a $500 loan amount to be paid over a period of 9 months, a borrower will pay $81.15 per month totalling $730.35 over a period of 9 months (Optional loan protection policy included). An insufficient fund fee of $45 will be charged per missing payment ( fee may vary depending on the lender). Failure of any sort shall lead to termination of the payment plan. For recovery of the remaining amount, collection methods will be used.
Fair recovery and collection practices are employed by our partners.
Note: Canadian Cash Solutions and its affiliates will never ask or charge you any pre-qualification or application fees. Canadian Cash Solution is not a lender but a leading referral company in the finance industry. Canadian Cash Solutions and all of its financial partners adhere strictly to Canadian laws and regulations. To protect yourself, read more on this topic here.
Don’t have an emergency fund? Car Collateral Loans Can Help!
Emergencies are expensive, especially vehicle-related emergencies and medical emergencies. Unexpected bills , home renovations, house repairs, school expenses all come up and sometimes happen all the same time. . This is the reason why emergency funds are essential to help you to offset the costs of an emergency. These funds can be used in an event that suddenly uses your primary source of income. Car collateral loans by Canadian Cash Solutions can provide the required funds immediately to cover all your financial needs.
A collateral Loan can provide quick funds regardless if you have bad credit. This type of loan allows people to put up their auto title as collateral. Canadian Cash Solutions is a leading referral company that aims to provide fast and convenient financial services. To qualify for a Collateral Loan with us, you must own the vehicle being used as collateral, and it should be free from any financial obligations.. Some lenders may also consider the borrower’s employment status and source of income when determining approval. But getting a collateral loan with us can solve all your problems because we do not check your credit history, employment status and there are no job requirements.
Most lenders run a credit check prior to distributing any funds. In car collateral loan, the lender is not at risk of losing any money because the car can cover the debt owed if payments are not made. Bad credit is not a problem with us because your vehicle’s title secures the debt. Consumers looking for quick approval on a collateral loan can definitely apply online with us. Our applications are designed to give us the information necessary to help you provide the best financing solution that meets your needs. Applying for our car collateral loans is efficient and secure
Benefits of a Car Collateral Loan:
We have longer loan terms of up to 6 years. There are no early payment penalties. So you can pay off your loan at anytime. You get the best Interest Rates in the industry – From 10% to 49% APR. Our payments are as low as low $68 per month. You credit rating and history will not be a significant factor in whether you are approved for the loan or not. So, if you have bad credit, good credit or no credit, you can apply with us! Do not worry! We accept all! Your cash is provided on the same day after loan approval. Therefore, these loans can be used to help cover short-term cash needs and also grow your business.
Minimum requirements to qualify for a loan with us:
You must be 18 years of age or older.
You should have a vehicle (Car, Truck, Van, S.U.V or Motorcycle) that is no more than TEN years old.
You must have a clear title to your vehicle.
You must have the vehicle registered and insured in your name.
Need both collision and comprehensive insurance on your vehicle.
Additionally, you must have:
A valid Canadian driver’s license.
Proof of permanent residency: any piece of computer-generated mail that has been sent to you at your address.
The second set of keys to your vehicle.
The best part is that we understand that your vehicle is your asset and this is why we do not hold on to your car for the duration of the loan.. So, why wait? Hurry up and apply now for your car collateral loan and get the emergency funds needed. Call us (toll-free) 1 (855) 622-8564 and speak directly with a member of our professional sales team. We aim to provide the best solution to your problems.