Category Archives: car title loan

Start-ups and small businesses need working capital to run or maintain their business. The owners can get advance loans and use them to increase and improve cash flow, buy expensive equipment and drive growth.

These loans are cheaper than other loans in the market and you need not surrender a part of your business to the lending institutions. Nowadays, it is easy to apply for a loan for your business even if your credit score or financial history is not up to the mark.

Before applying for a loan, you must know how much money you need, for what purposes you’re going to use it and how long it will take you to repay it.

Where Can You Use The Business Advance Loans Amount?

You can use business loan funds to cover a wide range of expenses including the following but not limited to:

To increase and build your working capital
To open your business at a new location
To pay employees’ wages
To consolidate loans (if any)
To use for advertising and marketing of your business
To upgrade your office infrastructures
To add more products/services to your existing list

What Things Lending Institutions Consider While Offering Advance Loans?

Are you thinking of applying for an advance loan from major banks or traditional lenders? Well, that is a good idea. But you should be aware of their terms since they lend business loans to those who are in the business for at least one year and have a good credit score. Here are other aspects that are considered while providing a loan to you:

Time spent in business

The amount of time you spend in business can affect your chances of getting a loan. The more time you spend in the business, the more chances of getting approved. This lets your lender think that you and your business are stable and reliable.

Monthly or annual business revenue

Many lenders want businesses to earn a certain amount of profit or revenue each month or year. This is to ensure that you are getting enough income to pay your daily living expenses as well as the new loan you are applying for.

Personal credit

Are you opening a new start-up or are you new to a business and haven’t gotten a chance to build your business credit? In such situations, lenders usually examine the personal credit of the borrower to check for creditworthiness.

Security

Many times lenders ask the borrowers to get something as collateral in getting approval for the loan. This is just a layer of protection that makes lending institutions trust you and recover the loan amount if you default your payments. The higher the equity value of your collateral, the higher your chances of getting approval.

Required documents

Almost all lenders will verify your identity, a few necessary details about you and your business. They will need a few documents including your identity card, permanent address and other papers related to the collateral. If you meet their requirements, only then you’ll be able to get the loan approval.

If you cannot qualify for a loan from banks or traditional lenders, you should look for alternative lenders. Several alternative lenders such as Same Day Cash Loan provide loan options that are available for anyone who needs quick money.

To know about advance loans, you can visit our website online. You can also connect with us by calling us at our (toll-free number) 1-855-904-9880. Apply today!

You can also follow us on social media:

Facebook: https://www.facebook.com/Same-Day-Cash-Loan/
Twitter: https://twitter.com/samedaycash1

How To Deal With Financial Stress?

May 14, 2021 Jorden K

When people think of well-being, what comes to their mind is their mental and physical health. No doubt that these are extremely important factors but there is another aspect like one’s financial well-being which directly impacts the peace in their lives. Financial well-being comprises financial health and literacy. Being good with finances indicates that they are able to handle financial obligations and can manage their money matters well.

Financial stability is defined as the person’s finances and the ability to fulfill the financial commitments within a defined timeline. This term is more subjective and refers to the attitude and confidence of an individual in managing his or her finances.

Financial literacy is defined as the knowledge and skills that a person has and how he implements the strategies to sort out his finances. Financial stress arises when any one of the factors like financial health, literacy or welfare are affected.

However, several Canadians suffer from financial stress. Approximately 48% of these individuals believe that they do not get peaceful sleep due to financial stress. This is not limited to a particular age group, instead, various people struggle from financial stress, those with different backgrounds, financial situations, and occupations.

What Do You Mean By Financial Stress?

When a person is worried or feels stressed about his finances, that person is suffering from financial stress. Many sources can generate financial stress in one’s life. Some of them include:

Have to pay a huge amount of loan
Having difficulty to save money for financial goals
Going through unexpected expenses
Experiencing difficult in managing daily expenses
Living from paycheck to paycheck

Other personal issues and happenings can also contribute to this situation including:

Going through a divorce
Becoming a parent and having plenty of responsibilities
Being a caretaker
Natural tragedies
Recent job loss

Various Effects Of Financial Stress in One’s Life

Financial stress can affect a person in various ways including mental & physical health, work-life, personal relationships and more.

Studies show that financial stress directly affects one’s thought process, feelings and behavior. This can lead to depression and anxiety.

Physically, it can affect one in several ways such as; insomnia, weight loss or weight gain, headaches, muscle tension, high blood pressure, etc.

At work, it can affect one’s performance and working ability. It can make one have difficulty in concentrating, can lower the morale, generate errors in day-to-day work, and can also affect the relationship with co-workers.

Conclusion

Are you also going through financial stress and facing rejection with loan applications from traditional lenders or major banks? If yes, then you need not worry.

Same Day Cash Loan can help you deal with financial stress by providing you the required funds though a car title loan. You can contact us at our (toll-free number) 1-855-904-9880 to get the complete details or apply on our website online.

You can also follow us on social media:

Facebook: https://www.facebook.com/Same-Day-Cash-Loan/
Twitter: https://twitter.com/samedaycash1

car title loan

Benefits Of Getting Cash Using My Vehicle

April 2, 2021 Jorden K

Car title loans have become the talk of the town ever since Coronavirus took its toll on the financial life of the people. These loans are helping people get easy money just by using lien-free vehicle titles. If you ever think of getting cash using your vehicle, Same Day Cash Loan is the right lender for you, because we provide the best title loans in the industry.

Benefits Of Borrowing From Us

We have made applying for a car title loan very convenient for you. There are a lot of benefits of a car title loan, here are just some of them.

Quick Approval

If you have all the documents required to qualify for the loan, you can get the funds you need just within a couple of hours. This is the fastest loan processing option that can help you get out of your financial crisis. No need to wander here and there in times of urgent needs.

No Credit Checks

Unlike banks, we do not check your financial history. You get the loan amount based on your vehicle’s equity value. You can get the funds instantly regardless of your low credit score. You also don’t have to be employed in order to borrow from us. Your vehicle is the only asset we need to evaluate your loan request and to lend you the money.

Spend Money Your Way

Getting cash using your vehicle works differently. Once you get the cash, you are free to spend it your way. We will not keep a check on your spending’s. When you borrow from banks, they want to know where you used the money but we don’t.

Low Monthly Installments

We are here to reduce your financial burdens and not increase them. Our competitive industry’s best interest rates and long loan terms keep your monthly payments as low as possible. These installments are budget-friendly and affordable.

Easy Pay-Offs

You can easily repay the loan with flexible and convenient repayment options available. In case you want to pay-off your loan before its due date, you can do so. There will be no extra charges for pre-closure. Unlike banks and other traditional lending sources, no early payment penalties are levied.

When you want to work with someone, you want a reliable and trust-worthy partner. We will look out for you in the best possible way. We provide elite loan services to our satisfied customers all across Canada. Our credibility can be checked through our customer testimonials. Contact us today at our toll-free number 1-855-904-9880 and ask about how you can ease your life financially by getting cash using your vehicle. Apply online today!

You can also follow us on social media:

Facebook: https://www.facebook.com/Same-Day-Cash-Loan/
Twitter: https://twitter.com/samedaycash1

car title loan

Know Your Finances Well And Get Out Of Debt In 2021

March 23, 2021 Jorden K

The year 2020 was really hard for everyone and a lot of us had to go through tough times and haven’t really recovered from it. Many Canadians lost their jobs or didn’t get their salaries in time. People had to get loans for basic necessities like buying groceries, paying for utility bills, etc. Personal finance was one such matter for these people which really didn’t go as planned. A lot of people are still covered in debt and are looking for ways to get out of it.

The first step is to list down all your debts like bills, pending credit card reports, etc. This way, you’ll have a clear picture of what needs to be paid. Next, compute your income from all possible sources such as; salary, rental income, etc. Once you know what you own and what you owe, you’ll have a clear picture of handling the expenses in an efficient way.

Through this blog, we will try our best to provide you with ways to manage your finances and live a stress-free life.

Ways To Get Out Of Debt

Get a second job – This is the first thing you should do in order to have more income. A second job can help ensure that you’ll have more income and you can go for even bigger payments to get rid of debt quickly.
Spend wisely – Since you are low in funds as of the moment, go for things that won’t add to your existing financial problems. Cut down on all unnecessary expenses that are draining your wallet. For instance, instead of dining out, cook and dine at home, don’t go to the gym, exercise at home, etc.
Pay more to clear your debts – Whatever your monthly payments are for various debts, pay more than what you used to. This way, you’ll finish off your debts sooner than expected.
Consolidate your debt – You can consolidate your debt and instead of making separate payments for all of them, just make one payment to cover them all. By doing so, you’ll be able to manage your debts easily.
Use your assets to generate more income – You can use your fully-paid assets like cars, motorcycles, trucks, etc. as collateral to generate more income. We at Same Day Cash Canada provide car title loans to help people manage their personal finances.

A Car Title Loan To Your Rescue

Every vehicle has equity value that can be used to get a car title loan. Here, a lien-free title is used as collateral to get the loan amount in exchange. So, to pay for your accumulated debt, you can apply for a loan against your car title.

You don’t have to surrender your car to us. One of the best things about an auto equity loan is that your financial history isn’t an important factor. People with bad credit scores can still enjoy the loan benefits and pay off for their debts by applying for car title loans..

To know more about vehicle title loans, you can call us at our toll-free number 1-855-904-9880 and talk to one of our loan representatives.

You can also follow us on social media:

Facebook: https://www.facebook.com/Same-Day-Cash-Loan/
Twitter: https://twitter.com/samedaycash1

car title loan

Long Term Loans Can Help You Get Cash For Your Financial Emergencies!

December 23, 2019 Jorden K

The cost of living has become highly expensive these days, and sometimes it is difficult to control our finances. We all need money for our basic needs and sometimes we need cash to quickly cover financial emergencies such as medical bills, school fees, home or car repairs and other expenses. But getting money is not an easy task. Having a bad credit history is quite common these days. Your bad credit can stop you from getting a loan from a financial organization or bank because banks are not exactly comfortable in taking a risk in not getting their money back especially if you have a history of poor credit. In such cases, you need the best resource to get quick cash. Your vehicle can do just that and give you the best solution for all your financial problems! Long term loans can help you get cash immediately.

Use Your Vehicle Title as Collateral to get The cash you need!

Getting a long term loan with Same Day Cash loan may be the best remedy to your financial requirements where your vehicle is used as collateral to get the cash you require.

Yes, you have heard right! If you own a lien-free car, you can easily qualify for a loan based on your car’s title. These loans are car title loans or long term loans because these loans have the longest loan terms in the industry.

A title loan can help you get quick money when you times are hard financially. These are secured loans where you use the title of your vehicle as collateral to get the cash you require for your needs. It’s easy to qualify! You would need a vehicle that is fully paid in off and be lien free. Your car is then inspected to determine the loan amount that you will be qualified for. This is the fastest way to access funds while you get to keep driving your vehicle during the loan.

Bad Credit Problems? No Worries!

Long term title loans are available for people with bad credit or no credit at all. So your poor credit score and even a previous bankruptcy cannot stop you from obtaining a loan with us. There are no Debt Check, and your employment status does not matter with us. We simply consider the amount of equity in your vehicle to determine how much you can borrow against your car title.

Get Approved Online

You can apply online and get approved by completing our short application form. You are required to fill in your necessary information and the year, make, model and mileage of your vehicle. We will contact you shortly with loan options and give you detailed information regarding our loan terms, monthly payments and answer any questions you may have.

Quick and Easy

Applying for a long term loan is easy and fast with us. Your car must have substantial wholesale value to qualify for a loan. You can fill out the application and then speak with our representatives who will help you get approved quickly. The application takes less than five minutes, and you can be approved within an hour. The whole process is streamlined for your convenience. If you’re in need of cash, a title loan is an excellent choice!

Minimum Requirements

You are required to fulfill the following minimum requirements:

● You must be the age of majority
● Own a vehicle which is no more than ten years old
● A clear lien-free title to your car
● Proof of vehicle registration and insurance in your name
● A valid Canadian drivers license
● Proof of permanent residence
● The second set of keys to your car

Keep your Vehicle
We hold onto your vehicle title for the duration of the loan but not your vehicle. Once the loan is paid in full, we will promptly return your car’s title to you. This is the best part of the loan as you don’t need to give up your car, and you can continue to drive it as normal.

No prepayment Penalties
There are no penalties on early payments. So you can make early payments or pay your loan in full early at any time.

Hurry up and call us (toll-free) 1-855-904-9880 or apply online to get a quote on your car today. We are always here to help you out at every step of the loan process!

You Can Also Follow Us On Social Media:

Twitter: https://twitter.com/samedaycash1

car title loan, fast cash title loan

Convert Your Car Into Cash!

April 29, 2019 Jorden K

Monthly expenses such as utility bills, rental payments, school fees, car maintenance, etc need to be maintained regularly. If a financial problem arises, you will need a perfect solution that will solve your financial problems quickly. Getting a loan from banks or other financial organizations can be difficult since it usually is determined by your credit score. Your credit score is a major factor that decides whether you will be approved for a loan with a traditional bank or money lender. In such cases, Same Day Cash Loans can help you get a fast cash title loan easily by using your lien-free car as collateral. These loans are also known as car collateral loans, pink slip loans or car equity loans.

We understand that life does not always go as planned and emergency situations can come up at any time. This is why we offer collateral loans with competitive interest rates, so that means you get quick cash without getting burdened with extra costs.

Your Lien-Free Car Is Used As Collateral

With our fast cash title loans, you need a clear car title in your name with no liens or financial obligations. These loans are secured loans since the title of your vehicle is used as collateral to borrow cash. If you currently own the title to your car, you are eligible to access the cash you need through a title loan. Your loan amount depends upon the age, make, model, kilometres, market value and condition of your car. You can easily borrow up to $40,000 with us in no time.

Quick Application

Our quick application process allows for instant loan approval. You can also get your money on the same day.

Keep Driving Your Vehicle

One of the major benefits of a title loan is that you get to continue driving your car while you’re repaying your loan. Once your loan has been repaid, your car’s title is returned to you.

Speedy Cash

When you need cash, you do not have much time to delay. Get your cash as early as the same day.

Bad Credit? No Problem!

Unlike other types of loans, a fast cash title loan does not require a Debt Check so your credit history does not impact your ability to get approved with us. All you need to qualify is a clear car title, proper identification and a valid Canadian driver’s license. Your car title is used as collateral for your loan and not your credit history. So whether your credit score is high or low, you can still access quick cash today.

How Do I Get a Fast Cash Loan with Same Day Cash Loans?

If your car is paid off and no older than 10 years, you are eligible to borrow money against the equity in your car. With a car title loan, you can borrow up to $40,000 with the help of our quick qualification process. The loan application process is simple:

Fill out the online form or call us on our toll-free number
Fill out the easy paperwork
Get a quote
Receive your cash and drive away with it

Make sure the loan documents and the information you provide about your vehicle are as accurate as possible. This will help us determine the maximum amount you can borrow.

Required Documents for Fast Cash Title Loans:

When you come to get a loan with Same Day Cash Loan, you must be of legal age and have a fully owned vehicle no older than 10 years. You are required to submit certain documents to complete the loan process. The list is as follows:

A Clear title to your lien-free car
Valid Canadian driver’s license
Your car’s registration and insurance documents in your name
Proof of permanent residence
Government-approved ID

Benefits of Getting Fast Cash Title Loans:

These loans are the fastest and simplest way to get the cash you need during difficult times. There are various advantages to getting a title loan with us:

Get cash on the same day
Quick loan approval, within a few minutes of filling the application
Longest loan term in the industry of up to 4 years!
No penalties on early payments
No mandatory Debt Check
Keep driving your car while making loan payments.

The Best Way To Get Cash!

Same Day Cash Loans is the best way to get quick cash when you don’t have many options left. You just need a fully owned vehicle registered in your name. Our team is available 24/7 to help you solve your financial difficulty. Contact us (toll-free) 1-855-904-9880 or apply online.

You Can Also Follow Us On Social Media:

Facebook: https://www.facebook.com/Same-Day-Cash-Loan-1987493061525877/

Twitter: https://twitter.com/samedaycash1