3 Facts You Shouldn’t Forget About Specialized Car Equity Loans Chilliwack British Columbia

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Specialized car equity loans Chilliwack British Columbia have helped millions of Canadians face emergencies and unexpected expenses these past few years. This secured loan is easy to apply for, making it an ideal option for those who need cash fast. Here are other facts you should know about this popular loan:

What You Shouldn’t Forget about Title Loans

  • They’re short-term loans. Many title lending companies usually give 30-day contracts for these loans. It means the borrower has a small window to pay back the loan or face consequences. Fortunately, there are lenders who offer longer terms. Borrowers can also request for an extension, but they will have to pay additional fees.
  • Interest rates are flexible. The lending company will decide what interest rate they will impose on you. This is because every state has different laws on auto finance loan amounts and interest rates. Some areas place a limit on interest rates while others do not.
  • Title loan amounts have a fixed value. Your collateral will determine how much you can borrow. However, there are limits. Most lending companies will only offer around 25% to 50% of your car’s total value. Of course, this will also depend on their assessment of the car’s value.

Get You More Money than the Competition

Need some quick cash? Premier Loans Canada is the company to call. This respected company can provide you with as much as $45,000 in loans. They also offer low-interest rates, affordable monthly payments, and flexible payment plans. You don’t even have to worry about credit checks or employment requirements. They also boast of a fast approval process that ensures you will get the money you need within the day. Applying is so easy. Just log on to their website or call their toll-free number at 1-855-965-1650.

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