Not having an emergency fund? Car Collateral Loans Can Help!

Emergencies can be expensive, especially vehicle-related emergencies and medical emergencies. Sometimes there are unexpected bills which come up, home renovation or repair work, school expenses of your kids or any other kind of crisis. 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 the case of any event that suddenly uses your primary source of income. Car collateral loans by Canadian Cash Solutions can provide the required funds that you need immediately to cover all your financial needs.

A collateral Loan can provide quick funds for people living in Canada with bad credit. This loan helps people to put up their auto title as collateral. If they fail to make the necessary repayment, the car and its title become the property of the lender. Canadian Cash Solutions is a leading referral company that aims to provide fast and convenient financial services for people living in Canada. To qualify for a Collateral Loan with us, you must own the vehicle being used as collateral, and it should be free from any liens. Proof of both of these conditions is typically required before receiving the loan amount. 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 this type of loans, the lender is not at risk of losing any money because the car can cover the debt if payments are not made. However, your 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, secure, and trustworthy.

Some benefits of applying for a collateral loan with us include:

We have longer loan terms for up to 6 years. There are no early payment penalties. So you can pay off your loan anytime when you want. You get the best Interest Rates in the industry – From 10% to 49% APR. Our Payment is Low As low $68 per month. You credit ratings and history will not be a significant factor in whether you are approved for the credit or not. So, if you have bad credit, good credit or no credit! Do not worry! We accept all! Your cash is provided on the same day after the 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.

●    Both collision and comprehensive insurance on your vehicle should be there with you.

Additionally, you must be having:

1.   A valid Canadian driver’s license.

2.   Proof of residency: any piece of computer-generated mail that has been sent to you at your address.

3.   Your vehicle’s registration and insurance.

4.   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 while you go on with the loan procedure with us. So, why wait? Hurry up and apply now for your car collateral loans 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 to get a quote on your car and other related queries. We are always there to help you and solve your questions on time. We aim to provide the best solution to your problems. You can also apply online to get approval instantly.

 

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