By applying for a car title loan through bad credit loans Edmonton Alberta, you can easily borrow up to $50,000 without even worrying about the state of your credit score and credit history. In fact, you’ll be able to skip most of the inconveniences that come with applying for traditional bank loans.
With car title loans, all you will need for a loan approval are a fully owned car with a lien free title, a valid driver’s license, and proof of permanent residence. Your maximum loanable amount of up to $50,000 will then be determined based only on your vehicle’s true market value, and nothing else. This means that only factors such as your vehicle’s year, make, model, mileage, and engine condition will affect how much you will be allowed to borrow.
When you apply for a car title loan, you are assured of a flexible payment plan that takes into consideration your specific financial needs and payment preferences. This means that you will not need to worry about unreasonable loan terms or high interest rates when you apply for a car title loan instead of a traditional bank loan.
Thanks to Canadian Equity Loans, you can easily get a car title loan approval in one hour or less subsequent to your loan application. To apply for a car title loan today, feel free to call us at our toll-free number 1-844-586-6311 or simply log on to our website to apply for a car title loan online.