Why More People are Getting Car Collateral Loans Surrey British Columbia Now

Many people will discourage you from borrowing money but being in debt isn’t necessarily bad. We sometimes need a bank loan to make major purchases. Meanwhile, millions have used car collateral loans Surrey British Columbia to get out of financial problems. And with the current climate, it’s not surprising that there’s a spike in title loan applications.

Top Reasons People are Using Auto Title Loans Today

  • Higher Borrowing Limits: You can secure more money with title loans than with a credit card advance. Unlike credit cards that place limits on cash advances, car equity loans depend on the value of the collateral. A well-maintained car that’s less than five years old can secure you as much as $45,000 in loans.
  • Chance of Low-Interest Rates: Many lending companies offer borrowers low-interest rates. However, there’s no fixed rate for this loan as policies are different per state. Some areas have a cap on lending interest rates while other regions don’t have one.
  • Manageability: Title loans are easier to manage. Instead of maxing out your credit cards and dealing with different interest rates, due dates, and lending policies per account, you can apply for one, fixed-rate loan. You even know exactly how much you need to pay per month and the number of installments you need to make.

The Best in the Industry

Applying for a loan is no hassle with Premier Loans Canada. This trusted lender offers as much as $45,000 in loans. The company also has the lowest interest rates and monthly payments around. They also have extended loan terms and flexible payment plans. You don’t even have to undergo credit or employment checks. Their fast application process ensures you get the money you need within the day while keeping your car. Log on to their website to apply or call their toll-free number at 1-855-965-1650.

For more information visit us on:

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