With more borrowers and small companies eschewing bank loans, it’s not surprising that more alternative lenders have cropped up in recent years. These non-institutional financing firms offer smaller loans that can be secured quickly. While this might sound too good to be true, savvy refinance car loan Kelowna British Columbia borrowers know what sets the reliable and trustworthy lenders apart from the dubious ones. Here’s how they do this:
Title Loan Red Flags to Watch Out For
- Unsecured Website: At this day and age, everyone should know the essentials of Internet safety. Make sure that the lender’s website has a valid SSL certificate. This means the URL should start with “https” and has a lock icon. Sites without these aren’t secure and you shouldn’t be sending your sensitive information through it.
- Hiding the Fine Print: A legitimate car equity lending company has its terms and conditions, privacy policies, and other legalese on their official website. Be wary of lenders who are hiding key information. They might be waiting to trap you into agreeing to your data being sold or shared with third parties.
- No Social Media Presence: A legitimate company will have some form of a paper trail and social media presence. Their information is also easily seen online, along with customer feedback. Step away if the lender doesn’t have any (active) social media account.
Lowest Interest Rates in the Industry
You know you’re dealing with the best with Canada Car Cash. This trusted lender specializes in title loans. They can lend you a percentage of your car’s value. Their interest rates are also 70% lower than their rivals. Their fast approval process means you can get the money you need in a few hours. You can sign up at their website or call their toll-free number at 1-844-598-7631.
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