“I need money Bay Roberts NFL & Labrador ” is a cry that millions of people make every day. Sadly, the pandemic has made things even more difficult. But there’s light at the end of the tunnel, especially for car owners. You can use your car as collateral for a quick loan. It’s easy to qualify and apply for one. All you need is a clean title and proof of income. But what if you only have a bill of sale?
Can a Bill of Sale Get You a Title Loan?
Sadly, no. Lending companies don’t accept a bill of sale in lieu of a title. While it does prove beyond doubt that the car was purchased legally, it doesn’t work as an official receipt. But you can use it like a contract. A bill of sale is particularly critical if you didn’t go to a dealership and bought the car off a private citizen.
It’s vital that you have a title of ownership, even if you don’t have plans of taking out a car pawn loan. There’s a lot of information on how to do this online. First, get a surety bond to confirm that the vehicle is lien-free. Come prepared and bring the bill of sale, valid IDs, proof of income and proof of residence to your local DMV. Once you’ve secured this, you can apply for a bonded title and register your car with you listed as the new owner.
Borrow More Money Than Any Competitor has to Offer
Getting the financial help you need is simple with Canadian Equity Loans. The company offers as much as $50,000 in loans. They also have low interest rates and affordable monthly payments. You can even opt for early payouts without penalties. Sign up on their website or call their toll-free number at 1-844-586-6311.
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