Who Can Apply For Car Title Loans In Vancouver?

 Many people apply for those financing options that can help them get instant money. One such type is a car title loan. With this financial product, you can easily get money on the same day of applying for it. This loan option is best for people with bad credit scores, poor financial history, no permanent income source, and those who face rejection from traditional lenders. People who own a vehicle for example a car, a truck, a boat, an SUV, a motorbike, etc. The important thing is that you must have a lien-free title of the vehicle. 

Some lending institutions such as Quick Cash Canada impose no restrictions on the usage of funds obtained from car title loans Vancouver. You can use the funds to pay medical bills or utility bills, a sudden house or asset repair, to finance a vacation, etc. You will be using your vehicle as collateral and this secures the loan. Car title loans in Vancouver are also known as vehicle equity loans and vehicle collateral loans. 



Best Way To Get A Car Title Loan In Vancouver

The procedure to get approval for a car title is very simple and convenient. You just have to follow a few steps and then you will be able to get money within 24 hours. With us, you don’t have to do a lot of paperwork. You can visit our website online and submit the application form available there. You can also visit our office and apply from there. A few documents are required to verify your identity and your vehicle inspection such as:

  • You must own a vehicle not older than ten years.

  • A lien-free title to your vehicle.

  • Proof of legal age as per your respective province.

  • Both collision and comprehensive insurance papers of your vehicle.

  • The vehicle’s registration papers under your name.

  • A valid Canadian driver’s license.

  • A proof of permanent residency.

  • A second set of keys to your vehicle.

As soon as you submit the required documents, you’ll be able to proceed further. Next you have to visit the office nearest to your location and get your vehicle for inspection. The professionals will check your vehicle and calculate its equity value which depends on various aspects including its working condition and the present value in the market. After this you’ll get approval from the lending institution and you can request for money disbursal. You can then collect the money and drive away with your vehicle. We at Quick Cash Canada, do not keep your vehicle with us and allow you to use it as before. 

Moreover, if you ever manage to pay back the loan amount, you will be free to do so and you do not have to pay any prepayment penalties. And the interest rate is also industry-best and competitive. Anyone who is in need of instant money and has poor credit history can apply for this loan. 

Thus, if you want to get car title loans in Vancouver, you can call our toll-free number +1-888-517-1625.

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