Category Archives: Car Equity Loans

Helpful Tips To Choose The Best Company For Car Title Loans

If you’re looking for a fast cash loan without a credit check, turn to same day cash title loans with no credit check. When you need immediate funds but don’t have the time to put together an application or complete a loan process. You can get the cash you need by giving the car or truck in your name to a licensed lender who will use it as collateral.

Choosing a company with an established track record is also important to consider when selecting a title loan service. Companies with a history of providing good customer service and strong insurance coverage are more likely to be trustworthy and respect their customers.

Title loans are often seen as a secondary alternative. Considering the financial services available to use extra funds for unexpected circumstances.

Some Tips To Choose The Best Company For Car Title Loans

  1. Find out what interest rates they offer: with high-interest rates and fees, it will cost more in the long run. Thus, the best way to find out about the payback time is to find out what finance options they offer.
  1. Experience: The longer a company has been in business, the more chances it has proven its effectiveness. So, check their records if you want to limit your risk when choosing a company for bad credit car loans. Look for companies that have been around for at least three years.
  1. Customer service: Be sure to ask their customer service representatives about the kinds of things they do to improve their services. Also, ask them if they offer a variety of financial options to get the best loan for your needs.
  1. Reputation: You can find out about a company’s reputation by checking if people are satisfied with their experience with the company. Check their feedback and review websites to confirm that they are trustworthy and efficient.
  1. Repayment: Ask for a schedule of payments and what happens if you miss one or more installments. It would be best to ask how much money you can borrow and how much you can pay back each month.
  1. Lending options: The most important factors to consider when choosing a company for title loans are the number of ways they offer you to pay off a same day cash loan. How much time you will have to pay them, and what happens if you lose your car before repaying the loan.
  1. Loans fees: Ask about all the fees involved in getting car title loans. Fees such as application processing fees, loan advance fees, or installation fees are usually included in the payment plan. You should also ask whether you have to pay any more fees if you miss a payment or are late with your payments.
  1. Terms: Ask about their payment plans and how much they charge you each month. Also, check if they offer a variety of payment plans to choose the one that fits your budget best.

Conclusion:

Choosing a company is quite a difficult task because there are so many options, and it is difficult to know which one to pick. The most important thing you can do is make sure that they are reputable and able to provide the type of services you need.

Same Day Cash Loans make fast cash available to people who may have bad credit and need a loan to help them with their financial needs. When choosing us for title loans, the amount of money you can borrow is about $40,000. Our car collateral loan term is up to five years, and we have been in the business for the past 10 years. Our fees and terms are competitive, taking the stress out of borrowing. We have a toll-free number and 24-hour customer service for people to get cash quickly. Call us now at 1-855-904-9880.

Get A Specialized Car Equity Loan For Your Financial Troubles

During these times of distress, many people are finding it difficult to handle their money affairs with efficiency. Problems like overdue credit card bills, medical emergencies, routine grocery expenses, etc. are some of the problems being faced by them. Either they are selling their assets for money or they are turning to  immediate family or friends for help. On the other hand, a specialized car equity loan has become quite popular because it gets you quick cash for all your urgent money needs. With its many benefits, people use it to cater to emergencies like divorce settlements, college tuition and books, and  house renovations etc. Below you’ll read about all the benefits you can get by using your  vehicle as collateral. 

Benefits of A Car Collateral Loan

With the help of a car collateral loan, you can get the  help you need within hours of applying. Same Day Cash Loan is a leading provider of auto equity loans and is known for processing loan requests within 24 hours of receiving them. Our process of dealing with the loan request is quick and easy. If you have a car that’s fully paid for, you can get this loan in no time. All you need to have is a clear vehicle title that is free from loans, liens, and financing. You have to use your car as collateral but without having to lose it, meaning you get to keep it and use it as you normally do.

Another benefit of choosing us over any other lender out there is that we don’t need your credit report for the loan. If you have a bad credit score, there are chances you’ll end up paying a much higher  interest rate. People fall prey to high monthly installments when they apply for a personal loan with banks and other lenders. But with us, you don’t have to worry about your dented credit history or low credit score. We don’t do Debt Checks and people with all types of credit can apply. In our loan, your vehicle acts as collateral for your loan. Your loan is supported by the title documents of your vehicle and hence a credit score really doesn’t matter. 

With our high approval rates, you have good chances of getting a specialized car equity loan as long as your vehicle is under 10 years of age. Another benefit is that you can continue using the vehicle as usual. There’s no requirement of storing the vehicle with us. Keep driving your vehicle while making monthly payments. All you have to submit is the lien-free title papers and spare set of keys.  

You can easily borrow up to $40,000 against your  vehicle. The maximum loan term  is 5 years which means easy and comfortable monthly payments. Another advantage of  our car equity loans is that we don’t ask for proof of income nor do we want your employment details. Also, if in case you ever feel like repaying the remaining loan in one go, you can do so through our prepayment facility and we won’t charge any penalty for that.     

All Credit Types Accepted

Many Canadian are in the process of building their credit history and it gets a little difficult for them to apply for loans especially during these present circumstances. There are chances that your loan application will be rejected by the bank due to no history of credit. But with Same Day Cash Loan, people with all sorts of credit can apply and get a title loan against their vehicle.   

Documents To Be Submitted

For more detailed information, you can get in touch with us through our online platform or talk to one of our loan agents. We will guide you through the process of our specialized car equity loans. All you have to do is fill out a simple application form with basic details like your name, email address, vehicle details etc. You will also have to provide the following paperwork so that we can start your loan process:

  1. Proof of legal age as per your province
  2. Lien-free title to your vehicle
  3. Vehicle registration in your name
  4. Valid Canadian driver’s license
  5. Proof of permanent residence
  6. Insurance papers of your vehicle (inclusive of collision and comprehensive)
  7. Spare set of keys to your vehicle (it should work on all doors and ignition)

So next time if you ever find yourself in financial trouble and banks have turned their back on you, try Same Day Cash Loan. You can reach  us toll free 1-855-904-9880 or you can also apply online. 

 

You Can Also Follow Us On Social Media:

Twitter: https://twitter.com/samedaycash1
Facebook: https://www.facebook.com/samedaycashloancanada