Short Checklist of Requirements for an Easy Bad Credit Loan Charlottetown PEI

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Auto title loans have come into their own long before the pandemic started. It’s not surprising that people will turn to this secured loan since it has fewer requirements and a fast application process. It’s what makes an easy bad credit loan Charlottetown PEI the ideal solution when you have an emergency or an unexpected expense. Here’s what you need to prepare to get started.

Short Checklist for Your Auto Title Loan Application 

  • Valid ID: The lending company will ask you for one or more government accepted identification. This is to prove that you’re an adult. It’s also a way to check that you’re not hiding under someone else’s name. 
  • Car Title: Auto finance loans require borrowers to put up their car as collateral. While you won’t need to leave your car with the lender, you will surrender your car’s title. The lending company will require a clean title. It should also clearly state that you own the vehicle. 
  • Proof of Residence: You’ll also need to show that you live in that particular city. You can use any billing statements that show your name and address. 
  • Proof of Income: Lenders also need proof that you can pay them back. Most lenders will demand several months’ worth of payslips. If you’re retired, you can show your pension slip. 

Lowest Interest Rates in the Industry 

You can get the best deal possible with Canadian Equity Loans. We can provide you with as much as $50,000 in loans. Our company also has the lowest interest rates and monthly payments around. You can even pay the loan early without worrying about penalties. Log on to our website or call our toll-free number at 1-844-586-6311

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