Expect loan approvals within only one hour with quick cash loans
When you apply for quick cash loans, you can expect your application to be approved within a single hour after your loan application has been submitted for processing. The same can’t be said for traditional bank loans, where loan applications can take as long as a few days to over a week to be approved.
Why approval periods for quick cash loans are so short
When it comes to applying for quick cash loans, like vehicle title loans, the only requirement you’ll need for the application process are a fully owned car with a lien free title, a valid driver’s license, and proof of permanent residence. The minimal requirements mean that the processing period can be sped up considerably. This is in contrast with traditional bank loan applications which entail submitting numerous documents and going through a credit check to determine your capacity to pay off your loan.
Loans of up to $65,000.00 can be easily approved within a single day
You can make a loan of up to $65,000.00 depending only on the condition of your vehicle. Your vehicle’s true market value can be determined by certain factors such as its year, make, model, mileage, and engine condition. This will in turn determine the maximum amount you can loan by using your vehicle as collateral.
Canada Loan Shop helps people with a lack of credit history and people with poor credit scores apply for a loan of up to $65,000.00! Credit scores will not matter during the loan application because only the current state of the vehicle will determine the maximum amount that can be loaned. Call us today at our toll-free number 1-844-572-0004 to find out more about car title loans or simply apply for a car title loan online.