Tagged as: car title loans durham ontario

If You’re Facing Financial Emergencies Out of the Blues, You Can Depend on Car Title Loans Durham Ontario

Collateral vehicle title loans guarantee that based on your car’s true market value you can borrow up to the full value. This is probably more than enough to bail you out in case you’re facing a sudden money emergency. All you need as collateral is a fully owned car and the lien free car title.

Surprising low interest

When you compare interest rates, they are the lowest than the best competition you can research on. This interest rate is the lowest you can find in the whole lending industry. Payments can be as low as $97 per month.

Longest terms ever

You’re probably tired of those loans that only give you 30 to 60 days as loan repayment terms. Collateral car title loans offer loan repayment …

It is Easy to Get Car Title Loans Durham Ontario and All You Need is Your Car’s Pink Slip

The pink slip is known as the Certificate of Vehicle Ownership or simply the car title. This can also serve as collateral for collateral vehicle title loans. The pink slip or car title as collateral for the loan also allows the owner keep the car while paying off the loan.

A collateral vehicle title loan or pink slip loan is a preferable option because:

The owner has the benefit of keeping the car while repaying the loan. The process is fast and easy. It does not require any credit rating. The money is made available on the same day after the loan is approved in one hour.

Loan amount is based on the true market value

Typical collateral car title loans are based on the present …

Qualifying for Car Title Loans Durham Ontario is Never a Hard Affair

You only need the following to qualify for collateral vehicle title loans:

You must be at least 19 years old since this is the legal driving age to own a car. You must own your own car, fully paid for, and the car title should be lien free. The car must be no more than 8 years old. You must have comprehensive vehicle or and collision insurance. This is for the protection of both borrower and lender since the car will continue to be used by the borrower while the loan is being repaid during the loan term.

The borrower must provide the following:

A valid driver’s license. Proof of permanent residence. The car itself for inspection and appraisal to determine loan amount.

No extra fees or charges

Car Title Loans Durham Ontario is Not the Cause of Deeper Debt

Because of some unscrupulous unsecured bank lending and short term lending, these lenders take advantage of people’s financial problems by jacking up interest rates, extra fees, and making the possibility of deeper debt for the borrower a reality. Good thing there’s an alternative called collateral car title loans.

Low risk loans

Collateral vehicle title loans don’t have to charge high interest or offer short-term payments because the loan is low risk due to the collateral. No credit checks are needed to approve the loan in one hour so you get the loan even if you have bad credit.

The vehicle is the borrower’s lifeline

The car is inspected and appraised to determine the loan amount, minimum paperwork is submitted, the loan is approved in one hour, you get …