Reasons To Choose A Low Monthly Car Collateral Loan


Applying for any kind of loan with a bank doesn’t  just require time but also demands a lot of paperwork. Unfortunate events and urgent quick cash needs can occur at any point in life. Not being able to attend to these issues quickly  can jeopardize the lives of your loved  ones and disturb your daily life. During  these tough times there is an easy and fast way to get cash that can  help you put these issues to rest. Sometimes your savings is  just not enough to cover  all your urgent needs and anything else like  hospital bills or overdue utility bills. On top of this, if you have  a bad credit score, a loan from a bank has lower chances of getting approved. However, in tough situations like these, low monthly car collateral loan can play a crucial role in getting you out of difficult times. You will be able to get access to easy funds by using the equity value of your vehicle which may not be possible otherwise (equity is the current value of the car).

Bid Adieu to your Cash Crisis

When in trouble everyone wants to put an end to their financial crisis and get immediate cash. Are you looking at something similar? By applying for a vehicle title loan or a car collateral loan you can get the instant cash required to end your  financial crisis. This type of loan can very well help you, even if you have a bad  credit score. Making the best from these types of loans and  stabilize your financial issues. Such a loan may also help you in improving your credit score as you will be able to clear your other debts

Top Benefits of Vehicle Title Loan:

  • East and Quick Loan Approval

As easy as it sounds, this loan is approved not long after f submitting minimal documentation. Once all your documents are verified and the inspection of your vehicle is complete, your loan is approved and you can put your issues at bay.

  • No Debt Checks

A good credit score is not a requirement when  applying for a low monthly car collateral loan, making it the best option for instant cash. Unlike any other loan approval all you need is just a car title as collateral for the loan.

  •  Industry-best Interest Rates

Amongst all lending institutions in the market, a car title loan from Same Day Cash Loan provides you with the lowest interest rates.  

  • Your Vehicle Stays With You

Submitting your vehicle’s title papers as collateral for this loan doesn’t hold you back from using your vehicle. Your vehicle stays  with you and you can use it as usual.  We just need your vehicle’s title papers temporarily as collateral., The title papers are released and handed over to you once the loan amount is paid back in full.

  • Simple Repayment Options

The loan period is up to 5 years which doesn’t put added stress on you. You don’t have to worry about repaying it anytime soon. We also don’t charge any prepayment penalty if you choose to pay off the loan early. There are absolutely no charges for early repayment.

  • Affordable Monthly Installments

 Our interests rates are very competitive allowing us to provide low monthly installments. The condition and other details of your vehicle will decide the qualifying loan amount you are eligible for.

Minimum Requirements For A Car Title Loan

For the approval of a low monthly car collateral loan you need to submit the below mentioned requirements:

  • A fully paid for vehicle (car, motorcycle, SUV, truck, etc.) 
  • Lien-free title papers of the vehicle 
  • The vehicle must not be older than ten years
  • Valid Canadian driver’s license
  • Registration and insurance documents under the owner’s name
  • The second set of keys that work on all doors and engine
  • Proof of permanent residence
  • Proof of  legal age as per your your province 

Simple Loan Application Process

To apply simply  fill out an online application form:

  1. Apply online or call (toll-free) 1-855-904-9880. 
  2. One your application has been reviewed one of our loan agents will be in contact
  3. Bring your car in for a quick inspection. Fill in the  basic paperwork to get a loan approval up to $40,000.
  4. Sign your loan agreement and get your cash!

Get Your Loan Approved with Us

We provide a vehicle title loan against your  clear title with ease. Our loan representatives are ready to help you out. Contact Us or apply online to check your eligibility.


You Can Also Follow Us On Social Media: