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Do you need additional funds to finance a remodeling project, pay for a vacation, or consolidate high-interest loans? You have several options available to you, like pawning, a bank loan, or an easy bad credit loan Kamloops British Columbia. But when it comes to fast cash, you’re better off with the latter. Here’s why:

Why Auto Title Loans are the Better Option

  • Versatility and Flexibility: Some loans can only be used for a particular purpose, like a business loan or a mortgage. But minimum credit score loans offer flexibility since they can be used for anything. You can use it to pay the bills, enroll in school, or get married.  
  • Low-Interest Rate and High Loan Amount: Title loans are known to have lower interest rates than credit cards. Some lenders offer an 11% rate compared to a credit card’s 16%. You can also borrow more money with this loan. While credit cards have a fixed balance, title loans are determined by the collateral’s value. The higher the equity, the more you can borrow. 
  • Simpler to Manage: A title loan has a fixed interest rate and monthly payment. Since you also choose the payment period, you also know how much you’ll be paying every month. Compared to credit cards that have varying interests, a title loan is easier to manage due to its fixed rate.

Get You More Money Than the Competition

Premier Loans Canada is your best option when you want a hassle-free loan. The company offers as much as $100,000 in loans. They have low-interest rates and affordable monthly payments. They also offer extended loan terms and flexible payment plans. Log on to their website to apply or call their toll-free number at 1-855-965-1650. 

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