Cash Depot

Collateral Loans

Everyday Canadians come to Cash Depot for help so that they can pay unforeseen bills such as Car and Home
repairs, Emergencies, Groceries, Gas, Utilities, etc. Whatever your reason, we have a quick and easy solution for you.

A collateral loan allows you to get a loan and then pay it back over a longer period of time (up to 36 months).
All you need is some form of collateral. If you have clear title to your car then check out our vehicle title loan,
otherwise you can use your other assets for a collateral loan.

Getting a vehicle title loan or a collateral loan will generally take between 2 or 3 business days.

The difference betweeh a vehicle title loan and a collateral loan is simply the type of collateral that you are using.

For a collateral loan you can use such things as:

Boat
Jewellry
Home Furnishings
Electronics
Appliances
Other Assets Of Value

QUICK AND EASY TO GET

Getting a collateral loan is as simple as 1-2-3.

Step 1

Gather up the documents you will need to get the collateral loan:

Updated Bank Statement Showing Last 2 Months Of Transactions Up To The Current Date

Your Two (2) Most Recent Pay Stubs (if your not employed then just bring in proof of income, ie.
disability, pension or other social assistance)

Photo Identification (ie. Drivers license or other government issued photo ID)

A second piece of personal identification (ie. Birth Certifiate, Credit Card, Social Insurance Card)

A recent utility bill (ie. CAble or other utility bill)

Proof of your phone number in the way of your most recent phone bill (if you don't have a land
line then bring your cellular bill along)

Information about your collateral including:

Pictures of everything you want to use as collateral. (You must take a minimum of 2
pictures of each item.)

Proof of ownership in the form of receipts showing that you purchased the items. If you
can't find the receipts then just let the customer service representative know.

A detailed listing of all of the assets including:

Make

Model #

Serial # (if there is one)

Where You Purchased It

When You Purchased It

How Much You Paid

Personal cheques (once you have been approved you will need to leave post-dated cheques for your
payment amounts for the length of the loan)

Step 2

Stop by one of our locations with all of the documents listed above and speak to one of our customer service
representatives. We look forward to seeing you and we will get you in and out of our store as quick as possible.
While you are in though help your self to a cup of coffee on us. Usually you will need to visit our store once
with all of the information above, and then a second time once the loan has been approved.

Step 3

Once you have been approved come
on in and walk away with your loan
amount.