Car collateral loans use your car as collateral to provide cash for your financial emergency. You can get the loan amount which depends entirely on your car’s market value and condition. If your car’s condition is good, you can automatically qualify for a larger amount and solve all your money-related problems.
Equity Loans Canada offers car collateral loans in Ottawa to vehicle owners across Canada. You can borrow up to $60,000 by using your car as collateral while you keep driving it. With Equity Loans Canada, there are no up-front fees, no credit check, and no job requirements. The interest rates are the lowest and the loan terms are the longest in the industry. Also, you can pay your loan at any time with no prepayment penalties. Our mission is to help our customers solve their financial obligations by providing cash on the same day.
Reason to Choose Car Collateral Loans in c
- No credit checks need to be given. You can get a loan with bad credit.
- No fees on early payment or No prepayment penalties. Reasonable interest rates in the market.
- Get instant cash within the same day just in a few hours.
- Easy and quick paperwork process.
- There are no job requirements for bad credit car loans.
Benefits of Car Collateral Loans in Ottawa
No credit checks
Your bad credit history or job details are not our concerns. You get instant funds even on the same day of loan approval. There are no credit checks done by us. Your vehicle is your credit.
No Prepayment Penalty
Our loan is an open ended loan which means you can close it by making an early payment whenever you want. There will be no prepayment penalty charged on you for doing so.
Competitive Interest Rates
We ensure the lowest interest rates in the market. We provide our loans at competitive interest rates which benefits you.
Get Cash Fast
Equity Loans Canada helps you deal with your financial crisis by providing instant cash. Do not feel stressed over your need for quick cash requirements, we will certainly help you during your tough time.
Keep your vehicle with you
Drive off with your vehicle and keep using it during the loan period. There’s absolutely no need to store your vehicle with us.
Basic requirements you must fulfill for the loan
- You must have vehicle registration and insurance papers.
- You must possess a Canadian driver’s license.
- Proof of permanent residence.
- You must be of legal age in your respected province.
- Your vehicle must not be older than 10 years.