People today have access to more loans than the previous generations. But more choices come with more challenges. You’ll have to choose the right loan for your needs. Qualifying and getting approved for a conventional loan has also become more complex. Fortunately for those applying for car collateral loans Caledon Ontario, the biggest thing they have to worry about is the interest rate they’ll be getting. How High is Your Interest Rate? The interest rate for an auto title loan is determined by three factors, the lending company, the borrower, and the collateral. The lender has its own policies regarding interest. It’s why there’s no specific rate for this particular loan. However, most will give anywhere between 20% to 60%. […]