How Can Car Title Loans In Saskatoon Be Used For Emergency Expenses?

Having no money during times of sudden expenses can be a stressful experience. These unforeseen expenses can be hard to meet if you do not have sufficient cash to handle them. When looking for several options, car title loans in Saskatoon are one option that may be a sigh of relief for you. The good thing with this loan is that you can get the fast cash you require quickly within minutes.
Car Title Loans Saskatoon

What are Car title loans? 

A car title loan is a type of short-term loan where the borrower uses their vehicle’s title as collateral to secure the required amount of money. Car Title loans are the most appropriate solution for individuals in Saskatoon who are facing an urgent need for cash in a short period.

The following are the eligibility criteria for Car Title Loans in Saskatoon:

  • You must have a lien-free car title
  • You must have a fully paid-off vehicle in your name that is no older than ten years
  • You should have a Canadian driver’s license
  • You should provide proof of permanent residence
  • The vehicle registration and insurance documents must be in your name
  • You should have a second set of keys to your car

How Do You Apply For A Car Title Loan?

Step One – Apply Online For a Car Title Loan 

To get started, you can fill out the application form on the website. You’ll see some fields requiring necessary information, including your car details such as year, make and model of the vehicle, and kilometres. Once submitted, you will receive a call from the staff for further information. 

Step Two – Paperwork part 

Once your form reaches the loan agents, they’ll go through every detail to qualify you for the loan. Once you are eligible, the team will determine the best loan plan for your needs. You could easily borrow up to $60,000 using the title of your car. 

Step Three – Get Same Day Cash 

You must bring in your vehicle for inspection. Once everything looks fine, the lenders will go over the loan terms and loan conditions present in the loan contract. After you have signed and submitted the papers, you can walk away with the cash. This entire loan process takes less than an hour.

If you have any further queries, call Equity Loans Canada at 1-844-567-7002 to speak to one of our representatives.







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