All you have to do is use your vehicle’s title loan to borrow up to 75% of its value. However, the vehicle must be 10 years old or younger and is free of any debt (liens or financing).
Emergency Loans – This allows you to borrow using assets
Repair Loans – This allows you to borrow to fix your vehicle
"Five Thing You Should Know About Your Title Loan" to learn more
Due to the nation’s economy, more people are looking at title loans as the answer to their financial woes.
For many people, a vehicle is the freedom to get from one location to another. And, when that freedom ride breaks down, it can be difficult paying for the cost – often costly. A title loan can make the repair cost a little easier.
You already know how hard it is to pay your bills including a Vancouver Title Loans. It’s necessary to do some planning to ensure all your bills are paid for in a timely manner.
You opt for a Vancouver Title Loans and would like to know what the legal lowdown is regarding various settings. It’s important to always read the fine print of any contract including those of a title loan.
We don’t give you a payment schedule and amount. We let you tell us how much you can comfortably pay back every month and, so long as the loan is paid back in a three-year span, we’ll agree to it!
That means instead of us demanding the money is paid back in a year or less (as most title lenders demand), we’re more flexible in that we ensure the payment will fit into your monthly budget.
The Canadian Loan Industry is comprised of quite a few factions.
Most customers in need of cash fast want Vancouver Title Loans that will grant them this. When it comes to the day-to-day operation of Savings & Loans institutions, credit unions and banks, a board of directors is behind it all. Thus, there are strict lending conditions that must be followed; no room for flexibility.
While these institutions do grant loans, it’s often only for folks who have an untarnished credit report. Another real problem behind these lending places is the constantly rising loan minimums banks have instituted. No more will banks loan a small amount of money, which means any person looking to borrow $5,000 will need to rack the debt up on their credit card.
It’s true that payday lenders also have strict rules they adhere by, and despite the fact that many of these places are franchises or privately owned, there’s not much room to maneuver in their business model.
Now, local Vancouver Title Loans lending companies offer the best solution for consumers who need quick access to loans. At these local places, owners are typically active in the business daily runnings. These folks can be swayed into giving money to a borrower and work with the borrower to come up with a solution – usually using techniques that are not in-the-box - to their financial issues. These lenders will use a borrower’s collateral like paid off vehicles such as Title Loans to approve a loan.
If a borrower needs a higher monetary amount, these lending companies will hold the person’s collateral as security – emergency loans, secured loans or collateral loans. Vancouver Title Loans is one of several local lending businesses that give people instant access to money they need using their 2002 or newer automobile.
Receive up to $5000 when borrowing using a debt free vehicle as collateral
Receive up to $25,000 using collateral we can hold during the term of the loan
Receive funds for repairs done on your vehicle, may be leased or financed
Obtain a quality used vehicle on an extended payment plan, down payment required