When you welcome a new baby into your life, it is both an exciting and joyous experience. But even so, maternity care costs can accrue fast, from prenatal appointments to delivery and postnatal care. Before we take a look at how to get a competitive car equity loan Brooks AB, let us find out why you could need one.
With a car equity loan, you borrow money with your vehicle as collateral. Traditional bank loans may be challenging to qualify for, requiring a high credit score and time to endorse, compared to a car equity loan which has a higher acceptance rate. The newest financing option gives you access to cash using your car’s resale value as leverage—so that you can only borrow as much as your car would sell for on the market, which makes it a viable alternative for anyone who needs money fast!
Due to location, healthcare provider, insurance coverage, and whether or not there are complications, maternity care costs can vary significantly. Below are the main costs you will incur:
Prenatal Care Costs
Labor & Delivery Costs
Postnatal Care Costs
Baby-Related Costs
Additional Expenses
You can use your car as collateral to get a car equity loan for maternity care and pay your pre, post, and other hospital expenses. Since it’s based on the value of your vehicle and not your credit score, it’s a great option for those with bad credit or limited credit history.
Car equity loans are different from unsecured loans in that they have lower interest rates, so repayment is less painful, and you can still drive your car to doctor visits and baby-related errands. The funds may also be used for ultrasounds, birthing classes, baby supplies, and home adjustments, with flexible repayment options tailored to your budget.
Canadian Equity Loans is your trusted industry leader. This belief in honesty and transparency creates a smooth process for all customers. If you urgently need some cash, we can help unlock your vehicle’s equity—cash arriving within as little as one hour!
All Canadian loan lenders were established on very open and clear competition, with some of the best rates offered in the overall market: putting us to the test. We don’t use credit scores or employment history to approve your application, as traditional banks do. And you continue to own your car outright during your entire loan!
We excel at connecting you with loans on your car title in Canada. We can help you find both short-term and long-term loan products. Your vehicle is an asset, and we truly want to provide the right solution, as low as we can for you, with your lifestyle or situation.
Both are focused on making borrowing easy, quick, and adaptable. Because we reduce the time from when you are approved to when cash gets in your hand, you can tap funds when you need it most.
We know that financial emergencies occur when you least expect it, and we are your partners in fast and reliable loan solutions. Whether you are looking for short-term money or a long-term borrowing method, our quick and easy process makes sure you get the cash you need without the wait.
These steps are what you should follow to get a car equity loan from us:
We’ve put customer satisfaction at the very core of our business. We are focused on providing you with a stress-free process and incredible service to make your borrowing experience as simple as possible. Here’s why thousands of Canadians rely on us:
Motherhood can be fun when you don’t have to worry about maternity care expenses. Canadian Equity Loans is here to provide the financial support that you need. Call us at our hotline at +1-844-586-6311 or visit our website right now so you can get started on your car equity loan application.