People in need of fast cash can make use of the numerous short-term loans offered by lenders today. Payday loans, cash advances, and bad credit loans Kitchener Ontario can provide you with the funds you require at less than half the time it takes to apply for a bank loan. One loan that has grown in popularity and acceptance this past decade is the title loan. Here’s what makes it stand out:
3 Features That are Distinct to Auto Title Loans
- Companies are Locally Owned: Many lending companies are based or owned by someone from your city. This provides a sense of community that makes it attractive to small and medium-sized businesses. And since they’re a local business, they have more flexibility when it comes to interest rates and loan amounts.
- No Credit Score Requirement: Minimum credit score loans are open to anyone, even those with low credit ratings, no credit history, or even the unemployed. This is a secured loan, which means you have to put up collateral. Its value is used to cover the loan and reduces the impact of credit scores.
- Ultra-Fast Approval: These loans have a simple application process. The collateral also speeds up the verification and approval process since lenders don’t need to conduct a credit check on the borrower. You can get approved as quickly as 15 minutes to an hour after filing an application.
Get You More Money Than the Competition
Securing a loan is not a problem with Canada Car Cash. This title loan specialist can give you a percentage of your car’s real value. Their interest rates are 70% lower than other lenders. They also offer extended loan terms and affordable monthly payments. You even get to keep your car while the contract is active. Sign up on their website or call their toll-free number at 1-844-598-7631.
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