A poor credit car loan Beaumont Alberta can lift you out of a financial bind. It doesn’t matter if you have a low credit score, no credit history, retired, or unemployed. Your car’s value will help you secure a loan. While there’s no sure-fire guarantee when it comes to title loans, these facts will definitely work in your favor:
Ways to Get Approved for a Vehicle Title Loan
- Show Proof That You’re an Adult: Only people 18-years-old or older can apply for a loan. Whether you’re getting a traditional loan or a car equity loan, you must show a valid government-issued ID. The law dictates that only adults are legally accountable to pay back the loan, and lenders don’t want to risk their investment.
- Prove You Can Repay the Loan: You must also convince the lender that you have the capacity to pay them back. If you’re employed, you can submit your pay slips to show that you’re earning enough. But you can still apply for this loan even if you’re unemployed. You just need to provide proof of alternate income, like your pension slip or bank account statements.
- Pledge a Car With Enough Equity: One of the key requirements of this loan is a collateral. You can use any vehicle you own. Cars are the most popular choice, but lenders will also accept trucks, camper vans, motorcycles, and even boats.
Faster Than the Competition
Get the money you need in a matter of hours with Canadian Equity Loans. You can borrow as much as $50,000 from this trusted lender. The company offers low interest rates and affordable monthly payments. You can also opt for early payouts without penalties. Log on to their website to apply or call their toll-free number at 1-844-586-6311.
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