Essential Documents to Prepare When Applying for a Car Pawn Loan Greater Sudbury Ontario

Thinking of ways to secure money during an emergency is stressful enough without the added burden of securing numerous documents. This is probably why a lot of people opt for a vehicle title loan. The requirements for a car pawn loan Greater Sudbury Ontario is minimal and the approval process is fast. But what should you prepare if you’re planning to apply for one?

Essential Documents for a Title Loan

There’s no denying that the popularity of no credit check car loans is due to its easy application process, quick approval, and its availability to people with poor credit. There are two essential documents you need to prepare:

  • Identification cards proving you’re an adult. Your driver’s license and another government issued ID will suffice for this. Lenders need proof the borrower is an adult to ensure they’re obligated to pay back the loan.
  • Clean title. This is what the lending company will hold on to in lieu of the collateral. It should be lien-free and in your name.

Aside from those two, lenders would also need proof of residence. Any bill with your name and address on it can be used. You should also prepare a proof of income, like payslips. If you’re unemployed, show proof that you have money coming in regularly, like a disability or pension. Make sure you also have a few good photos of your vehicle as proof of its condition.

Get You More Money than the Competition

Apply for a loan today and get the money in a few hours. That’s guaranteed with Premier Loans Canada. One of the most respected lenders in the country, they can give you a loan of up to $45,000. Their flexible payment options cater to every customer and their monthly payments are among the lowest around. Log on to their website to apply or call their toll-free number 1-855-965-1650.

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