Sometimes, life can be unfair. The ups and downs can take a toll on you, and leave you financially weak and mentally frustrated. During this COVID-19 pandemic, many people have lost their source of income. Some may have even exhausted their savings and are finding it difficult to make it through the day. Times are tough and we need to make the best out of what we have. According to a recent survey, the majority of Canadians are living paycheck to paycheck. In troublesome times, it becomes more than important to utilize your monetary resources efficiently. A specialized car equity loan can help you sail through this time with ease. All you’ve to do is use your fully owned car as collateral and get a decent loan out of it. You can get up to $40,000 just by opting for an auto collateral loan.
When it comes to using our resources effectively, we must make the most out of our assets like a car in a good condition with sufficient equity value. You can easily encash the equity value of your car. It is totally possible. Every car has some equity value to it, in which it represents its present market value. So, don’t delay and apply for a loan from Super Collateral Loans.
While considering taking a loan from us, you don’t have to worry about your bad credit score or dented credit history. Contrary to a bank loan , we don’t check your credit score.. The best part of getting a loan from us is that you get to keep your car and use it as you regularly do. Even during the loan term you can drive around in your vehicle without having to worry about storing it with us. All you have to surrender is the title papers of the vehicle, temporarily. You get them back at the end of your loan term.
What is the importance of a title in a title loan?
To process your loan request, we do not keep your vehicle with us as collateral. You can take the loan against the title papers of your lien-free vehicle. A lien -free vehicle means that you must be the owner of the vehicle and the vehicle must be paid in full . A title paper of your vehicle is a key document that assures your full claim on it. It ensures that the vehicle is free from all liens, loans and other financial obligations. When you apply for a loan with us, we put a lien on your title papers for the duration of the loan. We keep the papers under our possession and release them immediately at the end of the loan term.
What is the process to get a same day auto equity loan?
When in need of urgent cash, Super Collateral Loans can help out many Canadians seeking immediate help. You can apply for a specialized car equity loan by following these quick and easy steps.
Fill out a basic online application form available on the website.
- Submit the paperwork for verification.
- Get your vehicle to our nearest agent for a quick inspection.
- Drive off with your vehicle once the agreement papers are signed.
- These papers will have all the terms and conditions stated in them.
- You can take your loan money through various options: e-transfer, cash, or cheque.
The paperwork is basic and easy for everyone to understand. Your loan is approved on the same day of vehicle inspection. No credit checks are required for getting this loan. We do not do any employment checks either. This means that people are currently unemployed or looking for jobs can also get this loan to look after their money issues. There are flexible loan terms which makes it easy for you to repay the loan as per your monthly budget. Also, there’s no prepayment penalties just in case you wish to close out your loan before the maturity date. This makes it convenient for you to manage your finances with ease.
Call (toll-free) 1-855-251-3556 or fill out the online application form to get your specialized car equity loan today. Apply online today.