Why are vehicle title loans so convenient?
Vehicle title loans provide people with a quick and easy way to acquire funding compared to traditional bank loans. A bank loan can take days, even weeks, before the processing is complete and the money is in your hands. That’s assuming your application is approved. If you have a poor credit score or don’t meet the job requirements, the bank will most likely reject your loan application. This can lead to wasted time that you will never be able to recover.
What are the requirements for a car loan?
Car loans actually have very minimal requirements. All you need are a fully owned car with a lien free title, a valid driver’s license, and proof of permanent residence.
How long is the processing time?
Because so few requirements are needed for a car loan, the process is streamlined and efficient. This means that the processing time of a car loan is much shorter than that of a traditional bank loan. In fact, the whole procedure, from the processing of your documents to the releasing of the cash, only takes about an hour.
How much can I borrow when I apply for a car loan?
You can borrow up to $45,000.00 when you apply for a car loan. The maximum amount you can loan will be based on the appraised true market value of your vehicle. Your vehicle’s true market value is fairly appraised solely on factors concerning your vehicle such as its year, make, model, mileage, and engine condition.
Don’t be fooled by other companies. With Premier Loans Canada, you get the quality and assurance of the most respected company in Canada. With us, you can be sure that the true market value of your vehicle will be fairly appraised. We guarantee very low interest rates, loan terms of up to eight years, and customized payment plans tailored to your needs and preferences. Call us now at our toll-free number 1(855) 965-1650 or apply online.