A bad credit score auto loan Regina Saskatchewan has helped millions of people who needed cash fast. This secured loan is easy to apply for and eschews the mandatory credit score checks because of the collateral involved. However, this means that approval and how much you can borrow depends largely on your vehicle. But can you still get a loan with a salvage car?
Can I Get a Title Loan Using a Salvage Car?
A salvage car is basically a vehicle that has been declared a total loss by the insurance company after its been in an accident. These cars are taken apart and pieced back together using parts from other salvaged cars in order to build a new vehicle.
Despite being reconstructed or repaired using parts of different vehicles, a salvage car can still be used in car collateral loans. The application process even remains the same – you submit the necessary documents, present your vehicle for evaluation, and wait for their free quote. But what you should understand is that lenders will only give you half the amount of what they would normally offer in a title loan. If you are amenable with the lender’s quote, then you can choose to continue with the loan process.
The Number One in the Industry
You are assured of getting the best deals with Canadian Equity Loans, the number one lender in the industry. The company can offer as much as $50,000 in loans, without any credit checks or job requirements involved. They also have offer low-interest rates and early payouts without penalties. Their quick approval process ensures you get the money you need within the hour. Log on to their website to apply or call their toll-free number at 1-844-586-6311.
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