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 Payment Deferment Options Help You In Times Of Financial Crisis?
Financing plays a great role in Canada, and loans are most popular among Canadian consumers. Sometimes when you find yourself lacking cash or facing a financial emergency, you find ways to get the best source of money to fit all those emergency needs. In such difficult times, payment deferment options can be used to get an instant loan to meet all your emergency needs.
Most of us think about borrowing money from our friends or relatives, but asking them might not always be convenient. When you acquire a loan from any financial company, one must have a good credit background. But with instant loans, your vehicle can be used to get cash.
Instant Loans Are Secured Loans
Instant loans are secured loans that involve collateral. By the term collateral, we mean that individuals can use loans to get the money when you run out of cash. When you borrow a relatively large amount of money from the lenders, the finance lenders need assurance that you’ll pay back the money to them. One way of reassuring the lenders is by offering your car title based on which you get the loan amount. Canadian Cash Solutions are using payment deferment options to help people during the financial crisis.
Minimum Requirements To Get Approved Includes The Following
- You must have a fully paid-off vehicle with a clear title.
- A valid Canadian driver’s license is essential.
- The vehicle’s registration must be in your name.
- Active Insurance of the vehicle.
- Proof of residency.
- You must hand over the second set of car keys to your lender.
Some Of The Benefits Involved With Canadian Cash Solutions
- You can get a longer loan term up to 6 years with Canadian Cash Solutions. If your car is fully paid off, you get the loan amount based on your vehicle’s year, kilometres, and condition.
- You can pay back your money anytime. While some lenders only accept cash, here you can pay your cash in various ways.
- You get low monthly payments of $68/month.
- You receive cash on the same day of loan approval.
So whenever you’re finding yourself short on cash and need money for your unexpected expenses, you can go for payment deferment options where you can borrow money against your car title. For more details, call at toll-free (855) 622-8564 or visit the website.
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