Getting an auto title loan is easy, especially in the hands of a reliable lender. But with so many lending companies to be found online, finding the right Car Equity Loans Saint John company to help you can be a challenge. Borrowers should also be wary of dubious lenders who are out to make a quick buck. Luckily, there are three tell-tale signs to watch out for.
3 Practices a Good Title Loan Company Will Never Do
- Make unsolicited calls or emails. Be wary of newsletters, emails, or calls from companies that you’ve never heard of or haven’t signed up with. These could be part of a phishing operation that would put your personal data at risk. Reliable companies never send unsolicited emails or calls.
- Demand advance payment. This is another red flag to watch out for as legitimate lending companies will never ask for upfront payment. Any fees will be levied once the fast loan is approved. It will also be deducted from the loan itself.
- Make promises of surefire approvals. While it’s true that title loans are easier to get, there’s still a risk that the lender will reject your application. No loan is 100% guaranteed and companies that promise that is lying. However, there are things you can do to improve your chances of getting the loan, like having complete documentation and good collateral.
Borrow More Money Than Any Competitor has to Offer
Canadian Equity Loans will quickly get your mind off your financial woes. The company offers car title loans as high as $100,000. They also have the lowest interest rates around and accept early payouts without penalties. You don’t even have to worry about credit or employment checks. Sign up at their website or call their toll-free number at 1-844-586-6311.
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