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There’s nothing wrong with applying for a loan when you need money. As a matter of fact, it’s a perfectly logical solution. But make sure you don’t make a habit of it. That could lead to out-of-control debt. You should also learn what each loan is good for and why. For instance, you can always get cash for car Nanaimo British Columbia if you have an emergency. It’s the most sensible option. Here’s why:

Reasons You Should Apply for an Auto Title Loan

  • The application process is surprisingly simple. This is one of the top reasons behind the popularity of bad credit auto loans. To qualify for this secured loan, you only need to be an adult and have your own vehicle. You should also be able to provide proof of residence and income.  
  • You can get money fast. The fast application process also makes this loan ideal for emergencies. Since you’re putting up collateral, the lender doesn’t have to conduct extensive credit checks. You can even get approved after an hour of filing your application. The funds will then be released and deposited into your account within 24 hours.
  • Your credit score isn’t a big factor. Having an average or poor score won’t affect your chances of getting this loan. The collateral you’ll be pledging will cover the loan. This negates the importance of the credit score. 

Lowest Interest Rates in the Industry

Enjoy high loans and low-interest rates with Premier Loans Canada. You can borrow as much as $45,000 from us. Our company offers low-interest rates and affordable monthly payments.  We also offer our clients flexible payment plans. You don’t even have to worry about credit checks. Sign up at our website or call our toll-free number at 1-855-965-1650.

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