A large section of society is in desperate need of fast cash Kelowna British Columbia these days. With many businesses running on limited operations and thousands of employees being furloughed, it’s not surprising why people are scrambling to get additional funds. One of the best ways to get the money you need is through a title loan. Here’s how to go about it:
Get a Loan Using Your Car’s Title
A title loan requires the borrower to pledge their car as collateral. Your car’s equity will determine whether you’ll get approved and how much you can borrow. You can get anywhere between $1,000 to $45,000 in loans. The collateral makes the process go faster since the lending company doesn’t need to do extensive checks on your credit score or credit history.
Car collateral loans have been in demand for years, but circumstances today have made them even more crucial. Applying for this loan is easy. You fill up an application form and provide copies of your valid IDs, a lien-free car title, proof of residence and proof of income. You can either apply online or by going to the lender’s office. The lending company will also inspect your vehicle. You can bring your car to the lender’s office or send photos of your car. The approval process begins when you’ve submitted all the requirements. This usually takes an hour. If you’ve been approved, the funds will be released within 24 hours.
The Number One in the Industry
You can get money fast with Premier Loans Canada. The company offers loans as high as $45,000. They have the lowest interest rates around and offer flexible payment plans. You don’t even have to worry about credit or employment checks. Sign up at their website or call their toll-free number at 1-855-965-1650.
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