People who have experienced a medical emergency or been laid off unexpectedly are familiar with the anxiety that comes as one thinks of ways to come up with extra cash. Fortunately, having your own car can be an advantage in these situations as there are lenders offering low monthly car collateral loans Saint John New Brunswick. Read on if you want to learn more about them.
3 Facts about Auto Title Loans
- They’re fast and easy to secure. Car equity loans are one of the quickest and simplest ways to get extra cash. You technically just hand in your application and your vehicle’s title and the lender will hand over the money. You can even keep using your car while you pay back your loan.
- You don’t need to have a good credit score. It’s one of the reasons why this loan is so useful. Most title lending companies will accept your application even if you have a bad credit history. Since you have collateral, there’s minimal risk to the lender.
- They’re not bad. Title loans have gotten a bad rap due to some dishonest lenders charging high-interest rates to desperate borrowers. But the majority of lenders are reliable and straightforward. You just have to make sure you’re working with a trustworthy company.
Same Day Cash
Solve your money problems with Canada Car Cash, one of the best title loans company in the country. You can loan a percentage of your vehicle’s total value and enjoy loan terms of up to 7 years. They also offer low-interest rates and affordable monthly payments. Their quick approval system means you can get the money you need in a few hours. Log on to their website to apply. You can also call their toll-free number at 1-844-598-7631.
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