Vehicle title loans are increasingly becoming an option for a lot of people. It’s a convenient choice for busy employees and those with a hectic lifestyle who barely have time to go to the bank. You can apply for car collateral loans Windsor Ontario online and be done in a few minutes.
3 Step Guide to Title Loan Application for First Timers
If you want to forego going to the bank to apply for a loan, a title loan might be a better option. Don’t worry if it’s your first time to apply. The process is simple and painless. It typically requires only three steps:
- Fill out a form. Go to the lender’s official website and look for the loan application form. Most would have a CLICK HERE or APPLY HERE button. Click on it and enter the required information about yourself, the loan, and other details. Make sure you provide complete and correct information.
- Prepare and send the proper documents. Take clear photos or scan the documents the lender requires, like the vehicle title, government IDs, proof of income and photos of your vehicle. You can either attach the files on the loan application form or send it through email.
- Wait for your bank’s confirmation. The waiting begins once you have sent your complete loan application. Lenders will either send confirmation of special financing auto loan approval and amount via SMS or email. While banks typically take five to seven days to process loan applications, title lenders only take minutes. There’s a good chance the money you need will be deposited in your account within the day.
Trusted Car Loan Expert
First timers will find applying for a loan easy with Canadian Equity Loans. The company offers loans as high as $50,000. You don’t even have to deal with credit checks or credit history. What’s more, the company’s interest rates are the lowest around. You can apply online by logging on to the company website. You can also call their toll-free number at 1-844-586-6311.
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