Borrowing money isn’t a bad thing. There are times when we need financial assistance to improve our lives. Bank loans can help you buy a house or a car. Meanwhile, a secured loan like a car pawn loan London Ontario can help you manage unexpected expenses. And the way things are going, it’s no wonder more people are applying for a title loan.
Popular Reasons People are Choosing Auto Title Loans
- Good Chance of a High Loan Amount: Title loans revolved around the collateral’s value. A well-maintained car that’s about five years old can secure you as much as $45,000 in loans. This is contingent on other factors but title loan specialists are often flexible and willing to work with other lenders.
- Possibility of Lower Interest Rates: Minimum credit score loans have lower interest rates than credit cards. While most lending companies do offer low rates, these depend on the location. Loan policies are different per state. Some have a cap on lending interest rates while others don’t.
- Easy to Manage: Title loans are also easier to manage than some credit cards. Aside from the lower rates, they have flexible payment plans. They also have a fixed rate, so you’ll know exactly how much you need to pay monthly and the number of installments you have.
The Number One in the Industry
You can rest easy with Canada Car Cash. Our company specializes in title loans. We offer a good percentage of your car’s value. Our interest rates are 70% lower than our competitors and we have affordable monthly payments. You can get the money you need within 24 hours and retain the use of your car. Log on to our website to apply or call our toll-free number at 1-844-598-7631.
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