poor credit car loan St. John’s Newfoundland & Labrador

May 11, 2022

How to Handle a Poor Credit Car Loan St John’s Newfoundland & Labrador Default

Every loan has pros and cons. A poor credit car loan St. John’s Newfoundland & Labrador is no exception. The benefits are easy to imagine – extra cash, low-interest rates, long payment period. Conversely, defaulting will have serious consequences. Penalties and your credit score taking a hit are expected. But you can also lose your car to repossession. So how do you handle this situation?  What to Do if You’re in Danger of Defaulting on your Auto Title Loan Pay whatever you can. The first thing you need to do is find a way to delay the repo company from pulling out your car. Paying your due is the surest way to do this. But you’re in this situation because […]
May 23, 2021

Factors That Affect Your Application for a Poor Credit Car Loan St. John’s Newfoundland & Labrador in a Big Way

Car collateral loans are a stress-free way of resolving an emergency.  The application process for this loan is so simple. It also goes much faster than conventional loans. What’s more, you can still apply for a poor credit car loan St. John’s Newfoundland & Labrador even if you have a low credit score or no credit history.  The loan is also open to retirees and those who are currently unemployed. But as with any other loan, there’s no guarantee you’ll get approved. There are factors that impact your application status.  What Factors Influence Loan Approval? Car Equity: Your car’s value, or the equity you have built, can make or break your application. Title loans depend on the collateral’s value. The […]