There are numerous personal and car equity loans Surrey British Columbia lenders online today that are willing to provide you with a loan. But with so many scammers and dubious companies around, you want to make sure that you are borrowing from a reputable organization. Luckily, it’s easy to tell a legitimate lender from a bad one if you know what to look for.
3 Positive Signs of a Good Title Loan Company
Knowing what to look for will save you time and energy. Here are three signs of a legit lender:
- It has a physical office. This is one of the most important signs that a special financing auto loan company is legitimate. Fraudulent organizations do not post an address since they don’t want to be found in case the borrower has filed a legal action. You should also try getting in touch with the company via phone or email to see what kind of customer support it has.
- No upfront charges. Licensed lenders do not require any payments upfront. Whatever charges will be levied, whether for processing or application, will be done once the loan has been approved and will be taken off it. Be wary of lenders that are asking that you wire them money so that your loan will be approved.
- The website has customer reviews and feedback. You should always do research on the prospective lending company. Check the reviews and ratings it has received. No feedback or testimonials is an indication that the company is bogus. You should also check if the website has a padlock icon and using HTTPS in its URL. These are positive signs that your data is protected.
Lowest Interest Rates You Can Find
You won’t find a better lender than Canadian Equity Loans. Considered one of the best companies in the country, they offer loans as high as $50,000. The company also boasts of the lowest interest rates and payment schemes for all types of borrower. You don’t even have to worry about your credit score. You can call them at their toll-free number 1-844-586-6311 or just log on to their website to apply for a loan from the comfort of your own home.
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