Car Title Loans in Edmonton, Alberta

A car loan secured by the title is referred to as a car title loan. You can get cash fast with a car title loan in Edmonton, Alberta whenever needed. Don’t get upset if the bank denies your loan application because of poor credit. At Mr. GOODLoans, we can help with title loans against your car title. Many lenders secure loans by holding onto your vehicle. But with Mr. GOODLoans, you can keep driving your car during the repayment period!

Why Choose Mr. GOODLoans?

Mr. GOODLoans offers a quick and easy approval process. Most lenders have inflexible lending policies; this can make getting fast cash challenging. Mr. GOODLoans offers loans that provide the money you need while also allowing you to keep your vehicle!

Additional benefits include:

  • Lowest Interest Rates: From 9% – 28.5% APR
  • We Say APPROVED! When Other Lenders Say NO!
  • We Offer Short And Long Term Loans.
  • Flexible Payment Options.
  • Low Monthly Payment Rates.
  • Loan Repayment terms are 90 Days to 60 Months.
  • FlexTerm Loans – Pay off your loan at any time without penalty!
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APPLY FOR A LOAN

How Do You Get a Car Title Loan?

Follow our simple four-step process to secure your car title loan today!

  • Fill out an online application: Once you have filled in the details in our online application, a team member will contact you within four hours after the form is submitted.
  • Receive a quote: Our associate will contact you and provide you with a quote detailing your rate and loan options.
  • Approval: Approval is effortless. All that’s required is equity in your vehicle and that the title is in your name. If these criteria are met, automatic, same-day approval follows.
  • Drive off with cash in hand: Once approved, the repayment period begins, and you can drive off with your loan.

Loan Requirements

A few requirements are necessary before the loan application can be finalized. Once these criteria are met, you can get instant approval and drive off with cash in hand!

  • 18 Years or Older & Valid Canadian Drivers License
  • Positive Equity In Your Vehicle & Proof Of Ownership
  • Collision & Comprehensive Insurance
  • Insurance & Registration In Your Name
  • Proof of Address

Car Title Loans in Edmonton FAQs

A car title loan is a type of secured loan where your vehicle’s title is used as collateral. Once you apply for a car title loan, the lender checks out the value of your vehicle and offers a loan based on a percentage of that value. The best part? You still get to drive your car while you’re paying off the loan!

Yes, – Even if your vehicle isn’t completely paid off, you could still qualify for a car title loan. The amount you can borrow will depend on how much equity you’ve built up in your vehicle so far.

We know when you need cash, you need it fast! In most cases, you can get the money the same day your car title loan is approved, depending on how quickly your lender processes the application.

To get a car title loan in Edmonton, you need to be the legal owner of your vehicle with a clear or lien-free title, provide proof of income, and have a valid ID. Some lenders may also ask for proof of residence. You can find out more specifics here.

Nope, applying for a car title loan generally won’t impact your credit score since the loan is secured by your vehicle’s title, not your credit history. Just be sure to repay the loan on time to avoid any issues.

The amount you can borrow depends on your vehicle’s value, your income, and the lender’s criteria. Typically, you can expect to borrow between 25% to 50% of your car’s market value.

No surprises here! At Mr. GOODLoans, all fees are disclosed upfront, so you’ll know exactly what you’re signing up for. Just be sure to review the loan agreement carefully for any additional costs like processing or late payment fees.

Most lenders, including Mr. GOODLoans, allow you to pay off your car title loan early without any penalties. Always best to double-check with your lender, though.

You can either fill out an online application or visit the lender’s office in person. Make sure to have your vehicle title, proof of income, and ID ready to go! Start your application here.