The internet is a double-edged sword. While it’s convenient and helps us accomplish many things – from paying our bills to ordering dinner – it also leaves us vulnerable to hustlers and hackers. So if you’re planning on getting a loan, you need to know how to avoid lending companies that offer bad credit car loans Vernon British Columbia.
Tips for Avoiding Shady Online Lenders
You should still exercise caution even if you badly need cash. Consider these tips to avoid problems later on:
- Be cautious of unsolicited emails and phone calls. Emails from out of the blue and calls from blocked numbers are often used in scams. You’ll never be certain who you’re really dealing with so treat any information they contain with caution.
- Request for funds by Western Union. Legitimate lending companies require fees to be paid through credit card or check. Loan companies that ask for fees to be paid via instant payment services are most likely running a scam and once you send them your money, you’ll have no way to get it back or trace it to the receiver. Checks and credit cards are easy to account for and leave a trace so shady lenders don’t use them.
- Promises of guaranteed approval. While the majority of quick car loan companies promise no credit checks or fast approval, they don’t guarantee 100% approval. Lenders who approve basically anybody are likely stealing your money or data.
Borrow More Money than Any Competitor has to Offer
You don’t have to worry about those things with Premier Loans Canada. The company is known for its reliability, loans as high as $100,000 and low-interest rates. Their flexible payment options ensure you can meet your obligations. You can apply online or by calling their toll-free number 1-855-965-1650.
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