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There’s no escaping unexpected expenses or money problems. Everyone will experience it at one time or another. If you’re lucky, you have enough in your budget to cover it or have some savings to use. Those who are not so fortunate can turn to challenged credit auto loans Nanaimo British Columbia. Here are some details you should know to better understand this secured loan:

3 Crucial Details You Need to Understand About Auto Title Loans

  • Every lending company is different. Loans aren’t a “one size fits all” proposition. Each company has its own requirements and application process. Every state also has its own rules regarding title loans. So do your own research before you apply for a car pawn loan.
  • High-value collateral makes all the difference. Title loans require applicants to put up their car as collateral. Lenders accept all types of vehicles but the standard car is the most popular. The loan also depends heavily on the car’s equity. The higher it is the better. You’ll also have a good chance of approval and getting a high amount if your car is well-maintained. 
  • You can apply regardless of your credit score. Your collateral covers the loan so lenders don’t require a high credit score. But having a positive rating will always work to your advantage. 

Lowest Possible Payment in the Industry

Canada Car Cash is here to get you the help you need. Our company specializes in title loans and can offer you more money than other lenders. Our interest rates are 70% lower and we have affordable monthly payments. We also offer extended loan terms. Log on to our website to apply or call our toll-free number at 1-844-598-7631.

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