Borrow up to
$50,0000
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416.223.9300
1 888 852 7647
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Why a Prudent Financial vehicle title loan?
Very Competitive Rates!
Fast, same day loans up to $50,000 o.a.c.
Open loans so you can pay off early
Loans that report to the credit bureau
What is a Vehicle Title Loan?
- A Vehicle Title Loan, also known as a Car title loans, is a loan using a paid off vehicle as collateral or security. No liens. No leases.
- Must be fully insured.
- Full use of your car during the loan period for as long as payments are made.
- Usually eligible for larger loans and lower rates of interest than unsecured personal loans.
What is a Vehicle Repair Loan?
- Prudent will loan money for car repairs and towing up to $5,000.
- Cars must be 6 years or newer. And must be fully paid off, no liens or leases.
Fine Print
Min and Max period for a BWYC loan repayment
Answer: 1-5 years
What is the maximum annual percentage rate (APR), which includes the interest rate plus fees and other costs for a year?
Answer: 5.75% plus annual fee (ranges from 10% -19%) APR* – 15.75% – 24.75% maximum (effective rate will vary).
A representative example of a Prudent Financial loan – How is it broken down with all applicable fees?
A typical 1000.00 loan, paid off over a 12 month period borrows an amount of 1020.00 which includes the $20 credit application fee. Total cost is 231.94. Payment is 104.33. This does not include optional life insurance
*Rates vary according to credit risks but at all times compliant with all applicable legislation and Prudent does not rely upon any exclusion intended for a pay day style loan company.
Liens and other searches 16.00 and up dependent on loan amount and amortization.
Questions? We pioneered the Responsible Lender Pledge. Call us anytime and we’ll be happy to discuss your loan and what fees may be involved depending on your particular circumstances.