Yes, you can get instant loans in Canada by giving a call. Well, it must be sounding fancy to you, doesn’t it? In this era where everything takes a while when it comes to getting a loan be it from banks or any other money lending institution, one thinks of the hassle that it brings along with it. Banks take days or even months to approve the loan. The process involved in applying for the loan and getting the loan approved takes a while, people talk about the queues that they have to wait in to get the loan.
In fact, several people suggest and consider the idea of a loan to be bad as the process involved in the same takes a while. If you are certain about getting this loan for yourself to get rid of your financial crises then you might think of getting a loan from Instant Loans Canada. Let us dive deep into this loan and how can one get this loan to solve their monetary issues with ease.
Types of Instant Loans in Canada
What kind of instant loan can I get? This must be a question in most of the heads right now. Well, you can apply for a car title loan which is an instant loan. You can apply for this loan and get approved for the same in no time. The process to apply for the loan and getting approved for the same takes no longer than a day. If you are certain about getting a title loan for yourself then you might want to consider getting a loan from us. Now let us have a look at how one can apply for this loan.
How to apply for Quick Loans?
To apply for instant loans you will be required to fill an online application form, or you can give a call to us for the same. If you choose to apply online, you will be required to fill an online application form and submit a list of documents. Don’t worry the list of documents is minimal unlike banks and other money lending institutions.
The list of documents for instant loans includes the following.
- Proof of your legal age according to your province.
- A lien-free vehicle.
- Insurance and registration of your vehicle under your name.
- The second set of keys to your car.
- A valid Canadian driving license.
- A vehicle that is not older than 10 years.
These are the documents that you will be required to submit in order to get a car title loan from us. After submitting the list of documents you will receive a call from our experts to discuss the loan amount. The amount of loan will depend on the condition of your vehicle and also on looking at the market value of the vehicle.
Why title Loan is Different?
One thing that differentiates this loan from any other kind of loan is the approval of the loan. The loan approval takes place the same day you apply for the loan. Unlike banks and other money lending institutions, one does not have to wait for several days or weeks in order to get the loan approval. You will get the loan approval the same day and the amount of the loan will either be credited to your account or will be handed to you by the lender in cash. You must be wondering why people prefer this loan over any other kind of loan. The reason behind the same is the benefits that this loan offers. Let us have a look at the same.
Benefits of getting instant loans
1. No credit checks
You are struggling with a low credit score then there are chances that you might not be getting a lead from the lenders or banks to get the loan approval. Well, it is true that these lenders might not lend you the loan looking at your credit score. But, you can get this loan even if you are struggling with a low credit score. Your credit score will have nothing to do with the loan. You can apply for the loan and get approved for the same even if you are struggling with a low credit score, and it won’t create any issue.
2. No job requirement
If you are in between jobs or if you are looking for better opportunities you can still apply for the loan and get approved for the same. With us, you do not have to provide the proof or source of your income or salary.
3. No prepayment penalty
If the borrower wants to pay back the loan amount before the maturity date, he can. With this loan, he will not be charged any prepayment penalty.
4. You can keep your vehicle
You will be able to keep your vehicle with this loan for the loan tenure period.
5. Quick and simple loan approval
The loan approval takes place the same day you apply for the loan. So the approval of the loan is quick and simple because there are no hard and fast rules to apply for the loan and getting it approved.
These are the reasons why people opt for this loan. The benefits of the loan are breathtaking that the loan provides to the borrowers. You can get instant cash, and also you can get rid of your financial issues in no time with the help of this loan.