If You Have Car? It Could Be The Asset to Get the Money You Need!

If you find yourself in a situation that requires quick access to money for a medical emergency, school expenses, or home repairs, and you probably do not have a source for these funds, then consider a car title loan in Alberta! Most people are not exactly sure what these loans actually are!

What exactly is a car title loan?

A title loan is a loan in which a lender gives you money based on the equity of your vehicle. Your clear car title is used as collateral or security for the loan in order to lend you money. Lenders require entire details of your vehicle including the make, condition, mileage and most importantly the status of your title. The amount you’re able to borrow will depend on the market value and also overall condition of your vehicle.

The Basic Prerequisites for Financing:

Car title loans in Alberta are available for cars, SUV’s, trucks and motorcycles. You should be 19 years of age or older and have the vehicle insured with both collision and comprehensive coverage. Vehicles should be 8 years old or newer but exceptions are made for certain vehicles.

In addition to the above basic prerequisites, you also need to show proof of a valid driver’s license along with a proof of residency. Your vehicle’s insurance and registration information must be provided at the time of application as well as the second set of keys for the vehicle.

Keep Driving Your Car For The Entire Duration Of The Loan!

No need to worry about making alternate arrangements about your car.  For the entire duration of the loan, you can continue driving your car as normal. We simply use your car title as collateral for the loan, even your credit score isn’t a factor when you loan with us!

If you have any questions feel free to contact Fast Canada Cash today. You can apply online or call us (toll-free) 1-(888)-511-6791 to get started today. Our experienced staff is here to help you anytime you need.