How Can I Get A Loan With Bad Credit?
Every big and small expense needs cash backing. Credit card bills, monthly electricity charges, grocery shopping, medical emergencies, you name it; all require cash. Not always do you possess as much cash as is required right in time. Which is when you feel the need to get cash through borrowings. But as soon as you head to the financial firms, the lengthy loan procedures and good credit score requirements start to haunt you. Say good-bye to all these worries because a car title loans Vernon is what you are looking for.
Car title loans Vernon are offered in exchange for the title of your car. These have many unique and attractive features like the fast receipt of cash amount and lesser formalities fulfillment. Not only this, to avail a quick cash loan, you do not need to maintain a good credit score because no credit checks are done. Where to get it from? Quick Cash Canada is the best option in your very own Canada.
Attractions of Car Title Loans Vernon
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Bad Credit Score? Not A Problem
The most attractive aspect of a car title loan is that it does not require a sound credit score of the borrower. This means that you can avail the benefits of such a loan even with a bad credit score. Impressive, right? This automatically reduces the formalities and facilitates faster disbursal of loan.
2. Get Cash Within 24 Hours
You don’t have to wait more than 24 hours to get the cash in your hands. This is why the quick cash loans are so unique, because as soon as the inspection of your car and verification of required documents is complete, you get the required cash right away. There are no delays and the processing is also fast because of the involvement of professionals.
3. Sufficient Repayment Time
Another reason why such loans are desirable is because these allow a considerably sufficient time to repay the borrowed amount. The minimum term of a car title loans Vernon is 4 years, which gives you ample time to arrange for the funds needed to repay the loan.
4. No Penalty If You Pay Early
Even if you choose to prepay the loan, well before the expiry of the loan duration, you can do so without inviting any penalties. This is why such a loan is more attractive than the other types of loans. This reduces the overall cost of the loan and allows the borrower to take decisions according to their own judgement and convenience.
5. Your Car Stays With You
To make things easier, car title loans allow you to keep your car while its title is retained by the lender for the purpose of the loan. Only in the case of default of payment is the possession of the car taken up by the lender. Otherwise, you can drive the car around to run chores and for other purposes without any problems.
Key Documents Required
The only document that is kept with the lender for giving quick cash loan is the title of the vehicle which is,
- A car/SUV/Truck/Motorcycle/Van or any other automobile
- Less than 10 years old
- Is fully paid for
- Has a clear title
- Is registered under the borrower’s own name
along with the spare keys that function on all doors.
Although, certain documents have to be presented as proof and have to be duly verified for the approval of a car title loan. These documents are:
- A valid Canadian driver’s license.
- A collision insurance under the borrower’s own name.
- Clear title of the car.
- Proof of ownership of the vehicle.
- Proof of permanent residency in Canada.
- Registration of vehicle under the borrower’s own name.
Steps In Application Process
In order to avail quick cash through a car title loan from Quick Cash Canada, some simple steps have to be followed:
- Recognize what are the needs to be fulfilled through such a loan.
- Fill out an online easy and all comprehensive loan application form, which is available round the clock.
- Get the document verification and auto vehicle inspection done.
- Give away the spare keys and car title to the lenders.
- Receive your cash loan within 24 hours.
Specialties Of Quick Cash Canada
- Specialize in car title loans and have a team of well-trained professionals to tackle your quick cash needs in the least time possible.
- Offer car loans at highly competitive interest rates.
- They don’t require you to produce your job history.
- They make sure that loan is issued on the same day of application.
- Offer flexible payment options and convenient monthly payments.
All this discussion only proves that a car title loan can be the solution to all your financial problems. So, when in doubt, approach Quick Cash Canada for a simpler life. They don’t even check your credit score or job status before giving you a title loan.
