It is Never Hard to Qualify for Car Loans Chestermere Alberta
So long as your car is fully owned and the car title is lien free they qualify as collateral.
Borrowers of collateral car loans must be able to provide the following:
- A valid driver’s license.
- Proof of residence.
- Your vehicle registration and car or collision insurance.
- The car title that must be lien free because the lender needs to place a lien on the title. This is removed and the car title returned when the loan is fully repaid.
- The car itself for inspection and appraisal to determine the loan amount. Based on this you can borrow up to $30,000.
Loan rates and terms
Loan interest rates are the lowest in the lending industry for car title loans. In fact, they can be offered much lower than what the competition can offer. They are also the lowest even when compared to unsecured bank loans or short term loans. Loan payment terms are also adjustable and the longest that can ever be offered for this loan.
No early payment charges
No early payment penalties will be charged if the loan is paid off early. The loan is already secured by the collateral so no early payment penalties, high interest, short terms, and even credit checks are necessary for no credit check title loans. No credit checks are definitely needed for the loan approval.
Car title loans or sometimes called equity loans is the only service offered by Canada Car Cash. This means that Canada Car Cash can loan more money with less requirements. We can help you by calling us now or getting in touch online. We can give you an estimate of what you really qualify for. Call us at 1-844-598-7631.