Auto collateral loans are also known as Car Title Loans Calgary and are used to meet short-term financial needs. Borrowers must meet minimum requirements in order to qualify for these loans. Bad credit or no credit is generally not a factor since credit checks are not usually performed in evaluating the application; however, the employment and residence history of the borrower is often considered. Additionally, the vehicle must be paid off, and the pink slip or vehicle title must be in the borrower’s name.
Your Car is your Credit
Calgary car title loans are a convenient way to make sure your budget stretches a little further when you run into some financial difficulty. The way these auto title loans work is very simple: if your car has been paid off and has equity, you can get a personal loan based on that equity. In essence you are using your car title to secure the personal loan.
Get Approved Today | Car Title Loans Calgary
In comparison with other loans, Calgary car title loans are fast and easy to secure. As a matter of fact, the borrowers have to fill-in an online application form and submit it to the concerned leading lending institution. After the scrutiny of ownership documents, the loan will be approved if all the documents are well in order. Within a short period of few minutes, the borrowers can avail loan.
Borrow the Amount You Need
What You Need to Qualify
Car title loans are capable of providing you the amount up to $25000. To avail these loans in a hassle-free manner, there are pre-requisite conditions that must be fulfilled by the borrower:
- Vehicle Title (vehicle must be paid off and in your name)
- Driver’s License (name must match the name on the title)
- The Vehicle (it must be inspected prior to receiving your loan)
These loans are also made available for those with bad credit and are absolutely free from the procedure of credit checks. If you need urgent cash, an easy way to get it is with Calgary car title loans. Call us at 1-800-514-9399 or apply online. Our friendly representatives are standing by.