The Advantages of Getting Bad Credit Loans Lacombe Alberta
Fast cash in just one hour
The biggest advantage of bad credit loans is that you can get fast cash in one hour. This is due to the fast loan processing. All the lender needs to do is to inspect and appraise your car to find out the true market value and determine the loan amount. You can borrow as much as $50,000.
No credit checks will be done
Whether you have good credit or bad credit, so long as you have a vehicle, you are eligible for a collateral car title loan because your car is the collateral for the loan.
You get to keep driving your car
Another great thing about collateral car title loans is that you get to keep driving your car even while repaying the loan.
Your credit report will even improve
When you make prompt monthly payments and eventually pay off your title loan, the lender reports all this to the credit bureaus for your credit report. Naturally, your credit score will go up.
Low interest rates
In a time where you need cash quickly, interest rates for no credit check title loans are the lowest in the whole lending industry and the lowest even when compared to other unsecured loans. Also, loan repayment terms are the longest and most flexible to be offered.
No hidden or extra fees
There are no more processing fees, document fees, releasing flat fees, and early payment penalty charges for those able to pay the loan early.
At Canadian Equity Loans, we loan you money based on the value of your fully owned car and not your credit history and score. That means that you have fast access to emergency cash whether you have bad credit or no credit at all. Call Canadian Equity Loans now at their toll-free number 1-844-586-6311 or apply online.