Tag: equity loan

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How Do You Choose A Reliable Money Lender?

Find Reliable Money Lender

Are you looking for a reliable lender? If you are in need of instant funds and want to apply for a car title loan then make sure to choose a trustworthy lender. You have to research well and ensure that you are getting the loan from a credible lender. It is very important to choose the right source. 

Go for the one that offers a competitive interest rate, so you can easily repay the loan on time without ruining your monthly budget. Explore other lending options and select the one with the best deal and services.

You can also ask for references from your family and friends who have applied for a car title loan before. Ask about their experience with the lending institution and what services they offered. Aside from that, choose the lender that offers an easy application process. That way, you can get instant approval for a loan. This can help you especially if you are in need of instant money.

Here Are Some Points to Consider to Find the Best Lender

Verified Lender

You should only choose a verified lender to make sure your loan is secure. Moreover, the one you choose should have a physical address and contact details to ensure that it is legit. 

If it doesn’t have a real office then it may indicate that the lender is not legitimate, since you can’t visit it in person.

Also avoid lenders who ask you to make unnecessary payments before receiving the loan. A verified lender won’t ask for advance payments. They will ensure that customers understand the loan terms completely and receive the funds on time.

Credibility and Experience 

Before getting the auto title loan, check the lending institution’s details completely. Choose the one that has several years of existence in the business. As you share the sensitive information regarding your personal finances, a credible lender will keep it secure and won’t disclose it.

Check Review 

You can also read some reviews about the prospect lender to help you to understand their work culture and customer service. Read all the reviews on their website or search engines like google. Through this, you can get to know the lender better and find out if it is reliable or not.

Rates And Fees

The interest rate is also a major factor to consider when choosing a lender. Some lenders may offer instant loans with high interest rates, which make it difficult to repay the loan. 

Opt for the one offering loans with low interest rates. Also check the repayment options they have. There are lenders out there who do not charge any prepayment penalties in case the borrower wants to pay the remainder loan amount earlier than the due date.

In addition, make a list of lenders who have flexible payment options and are ready to help you in your difficult times. Call us at our toll-free number 1-877-804-2742 or apply online for a cheap auto equity loan in Canada. 

You can follow us on social media:

Face book: https://www.facebook.com/Canada-Car-Title-Loans/

Twitter: https://twitter.com/CNcartitleloans

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Can You Get A Vehicle Pawn Loan Even With A Bad Debt Score?

Vehicle Pawn Loan

Bad credit score can affect your eligibility for a bank loan or any other traditional loan. People can face problems when they apply for a loan from a bank if they have a low credit score. Even if they have a good credit history, what adds to their worries is the tons of paperwork they have to submit in order to get approved for a personal loan. 

That’s not how we work. We understand the gravity of your hardship and we would love to help you out. That’s why we have vehicle pawn loans for you which can be availed easily even with a bad financial record.

Can a ‘Bad Credit and Having No Job’ Affect Your Eligibility For a Loan with Us?

We don’t consider credit score as a major factor for the approval of our loans. This means that anyone can apply for our loans even if they  have a low or bad credit score, as long as they own a fully-paid car and are able to meet the other minimum requirements.  Unlike banks,  we accept all credit types. 

Also, we completely understand that there are many Canadians who live with paycheck to paycheck or are working in between jobs and  are facing  tough times. Therefore, we don’t require any employment credentials as much as possible. This means that people who are unemployed can still be eligible for these loans to solve their cash problems.

Requirements For The Loan

The paperwork is easy and all you need to submit are the following:

  • Possess a fully-paid vehicle which is not older than ten years
  • A Valid Canadian driver’s license
  • Vehicle registration papers under your name
  • Insurance papers in your name which must include collision and deductible
  • Proof of Permanent residency
  • A spare set of keys of your  lien-free vehicle
  • Proof of age in your province

 

Other Benefits Of Applying For A Car Equity Loan

The paper works are not complicated. A vehicle pawn loan can easily be  approved within an hour and you can receive cash on the same day of application.  We also offer a flexible loan term with low monthly payments. This reduces the burden of repaying the loan. Also, our interest rates are very low and competitive in the industry. There are also no prepayment penalties in case you decide  to repay your loan before the end of the loan term.

Get In Touch With Us

Don’t let money shortage come in your way of enjoying  your life to the fullest. Call us at (toll-free) 1-877-804-2742 today or apply online for your vehicle pawn loan with Car Title Loans Canada. 

Nobody can make the loan process any easier! You can talk to one of our loan agents who will be glad to help you complete the loan process.

You can follow us on social media:

Face book: https://www.facebook.com/Canada-Car-Title-Loans/

Twitter: https://twitter.com/CNcartitleloans