Need Cash? Why You Should Use Your Car to Get a Loan Surrey British Columbia

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Many people are living paycheck to paycheck. One survey revealed that  63% of Americans are in this situation since COVID-19 ravaged the world. Another study showed that 47% of Canadians are also experiencing the same thing. There are some short-term loans that can alleviate the problem. You can also use your car to get a loan Surrey British Columbia. A surprising number of people choose the last option. Here’s why:

Why an Auto Title Loan is a Good Choice

  • There are fewer requirements to meet. At the very least, you need a valid ID, your car’s title, proof of income, proof of residence, and insurance papers. 
  • Lenders don’t do extensive credit checks. Because there’s collateral, most car equity lending companies are satisfied their investment is secured. It’s why credit scores are not a major factor towards approval and why even those with low scores can also apply. 
  • You can get the money you need immediately. You can get approved in less than an hour. The funds will be released within 24 hours. 
  • You retain possession of your car. You don’t have to give up your car to the lender. But they will ask you to surrender your car’s title, and maybe an extra set of keys. These will be returned once the loan is paid off. 
  • Interest rates are lower than your credit cards. 

Get You More Money than the Competition 

Canada Car Cash can provide you with the financial help you need. This title loan specialist can lend you more money than other companies. Our interest rates are 70% lower. We also offer low monthly payments and 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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