Alberta Families and individuals have tightened their belt for the past 2 years oil recession. There has been less earnings and less spending, business cycles became smaller and longer effecting everyone in Alberta and beyond. Sometimes all it takes is just a little boost to help get caught up again. When having bad credit or needing the money fast - it can seem almost impossible to borrow the funds you need to get back on track. That is where the options for vehicle title loans may be able to help you.
Your Car Is Your ATM
Unlike traditional lending car title loan companies base their lending decision on the equity of your vehicle, regardless of your employment status or credit score.
The car's title is used as collateral to facilitate the loan – that enables the borrower to
access funds fast with a minimal amount of paperwork required for loan approval.
In most cases, interest rate and loan terms are far more flexible and affordable than pay-day loans, credit card loans and pawn shops. Loans are underwritten for a long term being an OPEN LOAN – that means you can pay your loan out anytime with NO PENALTIES.
Use Your Car Title as Collateral and Keep Driving It
Beyond the fact of title loans being the fastest way to access funds in town you also get to keep driving your vehicle while making installments to your lender. There is no interruption to your daily commute or any modification to your ownership registration title.
Loans for Bad Credit
Credit Problem? No Problem.
Car title loans are available for bad credit or no credit. There is no credit check and your employment status does not matter. We simply consider the amount of Equity in order to determine how much you can borrow against your car title. If you are in bankruptcy process, in most cases we get an approval for the loan but it has to be disclosed when you apply.
Get Approved Online Calgary
Getting pre-approved for a financial boost has never been easier. You can apply online by completing a short eligibility form. You would need to provide some information such year, make, model and mileage of your vehicle. Shortly after we will contact you with our loan offer, including loan term, monthly payments and answer any questions you may have.
Once you are pre-approved for the loan we will get together at our Calgary office to finalize the process and fund the loan, takes about 1 hour. Loan proceeds can be deposited directly into your bank account or sent via E-mail transfer and are available immediately.