Having your child in school can be costly and difficult; you might spend thousands of dollars to ensure their daily needs are covered. While you might not want to dip into your savings to pay the tuition fee, it can be difficult and frustrating when you no longer have that money. Fortunately, Equity Loans Canada can help you pay off your child’s tuition fee, so you can easily save all that money.

We offer car collateral loans Ontario to make it much easier to pay off your child’s tuition fees. With these loans, you no longer have to worry about the prices. Instead of having to fork out thousands of dollars from the start, you only have to pay back a small amount on a monthly basis, or you can choose to pay all at once.

Things to Keep in Mind About Car Collateral Loans Ontario

1. The security for the loan is your car’s title, and you can keep driving your vehicle while paying off the loan.

2. The minimum loan amount is about $1000, and the maximum loan amount is about $60,0000.

3. The minimum loan term is up to 6 years.

4. $60,000 is the amount that will vary depending on your car’s year, make & model.

5. The loan amount paid out will depend on the value of your car and the number of months you choose to pay.

6. The loan’s interest rate is between 10% and 15% depending on your borrowed amount.

7. There are no upfront fees to apply and no prepayment penalties.

8. To be eligible for car collateral loans in Toronto, you must have a valid Ontario driver’s license, and your vehicle must not be older than 10 years.

9. You can choose to pay off the loan with monthly payments or in full at one time.

10. You get the cash in hand on the same day of approval.

Car Collateral Loans Are Easy To Apply For?

It is easy to apply for car collateral loans Mississauga. You can apply online and get an answer within a few hours. No matter your credit score, you can use our loan service if you have a Canadian driver’s license and a car to use as collateral. When you apply for a car loan, we will deposit the money into your bank account, and you can start making monthly payments. Car collateral loans are quick, easy, and secure.

Why Choose Us?

You can use our car collateral loan service because we are the leading company in Canada. We have over 10 years of financing experience, and many Canadians have used our services. We also provide competitive fees, flexible payment options, and exceptional customer service. When you apply for a loan with us, you will quickly get one so you can use it for your child’s tuition fee as soon as possible.

Conclusion:

Equity Loans Canada is the best place to apply for car collateral loans Brampton. We have many satisfied customers who are happy to repay their loans. We keep our rates low, and our services are efficient and convenient. There are no prepayment penalties when you make your payments on time to save money for other things. In addition, we charge you only for the interest you have on the loan and not any upfront fees. Our car collateral loans are secure, quick, and easy to apply. You can apply online and get a response within a few hours. You can call us today at 1-844-567-7002.