car collateral loans Saskatoon Saskatchewan

January 25, 2022

3 Reasons to Choose Car Collateral Loans Saskatoon Saskatchewan Over Peer-to-Peer Loans

Getting a loan to finance your plans is normal. Some would even say it’s inevitable. What most people find challenging is deciding which loan is better. Which one would benefit them the most but at a reasonable cost. Many people will turn to bank loans. Those with less than perfect credit will choose either car collateral loans Saskatoon Saskatchewan or peer-to-peer loans. Here are several reasons why the former is better than the latter. 3 Reasons to Choose Auto Title Loans Over P2P Loans Fast Approval: Title loans are known for their simple application process and fast approval. You can even get the funds you need within the day. It’s why they are perfect for emergencies. Reasonable Interest Rates: The […]

August 9, 2019

Why Your Credit Score isn’t a Big Deal with Car Collateral Loans Saskatoon Saskatchewan

Loan applications depend on being able to meet the lender’s requirements. Aside from a long list of documents, traditional lending companies also expect the borrower to have a certain income and credit score. This is where most borrowers fall short. That’s not the case with car collateral loans Saskatoon Saskatchewan. Why Credit Scores are not a Big Factor Credit scores might make or break a bank loan, but it’s not such a big deal with car equity loans. Most lenders offering this type of loan don’t even check the borrower’s credit score. And even if they did, it’s likely to be perfunctory. It’s because title loans are considered secured loans. You will be putting up collateral as security. However, this […]