Millions of people have found that bad credit loans Kelowna British Columbia is one of the best options when facing a financial dilemma. A type of secured loan, they’re easy to qualify for as the borrower would only need a vehicle that has a clean title, proof of identification, residency, and employment. Paying your loan is also convenient as there as several methods open to you.
Different Modes of Payment for Title Loans
The amount an auto lending company can loan you will depend on the car equity that you have accumulated. The state of the collateral is also a factor. A well-maintained car will likely fetch a higher amount than one that has peeling paint and dents on its body. The loan duration can run from 30 days to four years maximum.
You pay off your fast loan on a monthly or bi-monthly basis depending on your arrangement with the lender. There are also numerous channels to send your payment for the loan. You can:
- Mail a check to the payment center
- Use your checking or savings account’s electronic payment feature
- Drop by a payment location
- Pay online using your debit or credit card
- Arrange with the HR to automatically deduct payment from your salary
The Number One in the Industry
Getting a loan is easy with Canada Car Cash. Considered the best in the industry, the company only offers title loans. This means you can expect loans higher than what other lenders can give you. Their interest rates are also 70% lower than their competitors and they offer affordable monthly fees. Their easy application process and quick approvals mean you can get the cash you need on the same day. Just log on to their website to apply or call their toll-free number at 1-844-598-7631.
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