Tag: car pawn loans

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Is Car Pawn Loans Canada a Good Option To Get Quick Cash?

If you’re having a hard time making ends meet but need some quick cash, car pawn loans Canada might be the perfect solution. This financial service is a type of collateral loan, and it offers easy repayment terms and no hidden fees. It also has low APRs if you can’t pay on time. You could say that this service is worth looking into if you want to learn more about borrowing for something.

What are Car Pawn Loans?

A car pawn loan is when you borrow money using your vehicle as collateral. It can certainly help with someone’s financial issues if they’re struggling a bit and have bad credit or a lot of debt. If a person wants to get their loan paid off quickly, they can always pay on time or pay off early for the privilege of getting their car’s title back quickly. If not, they can accept the penalties for being late and weighing down the car’s value, thus lowering how much a dealer is willing to pay.

What is Included in Pawn Loan Service?

  1. The loan will require a detailed inspection of the car to assess its value, making sure the borrower is not lying about their vehicle.
  1. The loan will have an interest rate, but it will be as low as possible. If you pay on time and repay within your given timeframe or early, no-prepayment penalties are added to your loan amount.
  1. It can take just an hour after approval when it comes to financing. 
  1. You are given ample time to pay back the car pawn loans, and you can get your car title as soon as your loan is paid off in full.
  1. You get a set amount of time to pay off the car pawn loan, but you can always ask for an extension from our loan advisors if you need more time.
  1. If you need any help paying off the loan, you can always work with a representative who will work with you on these issues. There are times when certain people have difficulty paying their bills and might be behind on other debts and their rent or mortgage payments.
  1. You can get car title loans in Nova Scotia, even if you have bad credit or a low credit score.

What are the Rates of Car Pawn Loans?

The rates for car pawn loans are usually about 30% APR, but this varies from company to company. If you don’t pay on time and wait until payment is due, you could be facing anywhere from 20% to 35% in penalties. With Car Title Loans Canada, you get the lowest interest rate, as low as 3% per month. Our loan terms are for 4 years, and no prepayment penalties. 

What is the Process of Getting a Car Pawn Loan?

To get a loan through us, you can fill out the application on our website or apply by calling us. You will be asked for a few personal details and to provide some proof of identity and proof that you own your vehicle. If you have bad credit or haven’t had much credit in the past, we can help with bad credit car loans Ottawa. Your car is then inspected to determine its actual value and if there are any dents or scratches present on it. If this is the case, and the vehicle is not worth enough to get at least 4 percent of its value, then there won’t be a loan for you.

Conclusion: 

Because this is such an easy step to take towards getting back on your feet financially, it can be a good option for you to consider. It’s worth looking into, especially if you’re having trouble with payments or your credit rating won’t get approved for a loan. You could say that this is a type of car collateral loans are worth looking into.

Car Title Loans Canada has been helping people get out of their financial situation using the car as collateral since 2004. Call us today at 1-877-804-2742.

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Pawn Your Car And Borrow Money Now With Us!

car pawn loans

Do you have bad credit and experiencing difficulty in getting a loan from a financial organization? Do you have financial obligations and don’t have enough cash to make payment nor have much time to get the cash? Don’t worry! You can get immediate cash simply by pawning your car with Car Title Loans Canada Get same-day car pawn loans anytime by loan with us. We are here for you! From family cars, SUVs, sedans and others

Your Car Is Used as Collateral!

A car pawn loan uses your vehicle title as security against your loan. There is no need to worry about having good credit because whether you have good or bad credit, neither an issue when borrowing money from us. Your car is your credit. Rather than looking into your credit history, the loan amount is based on your vehicle’s condition and market value.

The Procedure Is Fast and Easy!

One of the benefits that you get when you pawn your car for cash is a speedy loan process. There is no long waiting period between your approved application and getting your funds. Car Title Loans Canada believes that you deserve to get the money you need quickly. Our loan process is not only fast and easy but you can get access to the cash you need on the same day as long as all requirements are met.

Get the ball rolling and fill out the online application or call us now! One of our agents will be more than happy to talk you through the entire loan process. Just bring in a few minimal documents so we can start the rest of the loan process.

Among the many perks associated with our loans, same-day funding and no credit checks are some of the many benefits we offer. We don’t even verify employment.
How much can I borrow?

Generally, the loan amount depends upon the estimated market value and condition of your lien-free car being used as collateral. Simply fill out the online application regarding your vehicle’s details. Additionally, we do a fair examination and evaluation on your vehicle to help determine the loan amount you are eligible for. You can borrow an amount of up to $25,000.

What do you require to apply?

Before applying for a title loan, you’ll need to fulfil these basic requirements:

● You must be the age of maturity in your respected province.
● You must own a vehicle that is no more than 10 years old.
● Your vehicle must be free of any liens or financial obligations.
● Your vehicle must be registered and insured in your name.

You would also need to submit the following:

● Valid Canadian Driver’s License-A valid Canadian driver’s license is needed to confirm your identity.
● Vehicle title in your name-Because the title loan is being assigned to you, your vehicle’s title must be in
your name and lien-free.
● Proof of vehicle registration and insurance– You should have proper registration and complete vehicle
insurance in order to get the loan in your name
● Proof of residence– We require proof that you’re a current resident and have a permanent address.

Some other benefits of getting a car pawn loan with us include:

● Friendly and professional Customer Service
● Fast Simple & Easy Loan Process
● Lowest -Interest Rates
● Experienced and knowledgeable staff
● Flexible Repayment Terms
● Loans approved in minutes
● Cash on the Same Day
● No Prepayment Penalties

So when you need a short term solution to all your financial needs and have no time to waste, get in touch with Car Title Loans Canada and pawn your car to get the money you need. If you need immediate cash, call us (toll-free) 1-877-804-2742 or apply online now to get a quote.

You can follow us on social media:

Facebook: https://www.facebook.com/Canada-Car-Title-Loans-482149178844933/

Twitter: https://twitter.com/CNcartitleloans