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.
How Can A Car Repair Loan Help You?
When your car breaks down and you absolutely need some quick cash, a loan from a title lender like us can quickly help you get back on your feet. There are various methods of getting fast cash for your car repairs but a car repair loan is the best option you can get. They are fairly convenient and very easy to avail when you’re applying from a reliable lender. You can follow the following steps below for applying for the loan.
The first step to get a car title loan is to apply for one with us and wait for approval. You can apply online by filling out a short and easy application form with your information or you can also visit our office near your location in Canada.
Approval And Lending Process
Applying for a car pawn loan is just the first step of the process. Approval is usually a formality when you are a pre-approved borrower. The loan is usually approved within just a few minutes. Once approved, we will conduct an inspection of your car and verify the required documents.
Vehicle Inspection And Document Verification
As part of the lending process, a certified technician will inspect the vehicle you want to use as collateral for the car repair loan. Now, you have to make sure that this vehicle is not more than 10 years old and should have a lien-free car title. If your vehicle passes inspection, we will prepare all necessary documents for your loan.
Next up, we would like to determine the payment schedule taking into consideration your preferences and convenience. We will prepare the monthly payment schedule of the loan. The terms and conditions will be personalized and budget-friendly. The terms you will be given upon approval are what you will use when making payments for your title loan. The minimum term is usually 4 years which is sufficient enough to pay off the loan in full. You also have the option to pay off the loan before the due date if you already have enough funds. We won’t charge any penalties for early payments.
Paying Off Loan
The car repair loan will be paid off in monthly payments based on your original agreement with us, which can be as low as $68 per month. We offer loans with the lowest interest rates in the industry and this is compatible with every borrower’s needs.
With these simple five steps, you can already get your very own auto repair loan with Canadian Cash Solutions. Contact us today by calling our toll-free number at 8556228564. You can apply online too.