3 Possible Perks to Enjoy When You Get a Poor Credit Car Loan Calgary Alberta

Debt shouldn’t be treated as a dirty word or a shameful action. Think of how useful credit cards are. A mortgage can help you buy your first home while you can expand your business with the help of a bank loan. A poor credit car loan Calgary Alberta is also another useful debt. You can use this loan for just about anything. There are also several perks to getting one. 

Possible Perks When Taking on an Auto Title Loan

• Higher Loan Amount: You can get a cash advance from your credit card, but it will be less than your credit limit. It also comes with high-interest rates. A title loan is a better option when you need a larger sum. Some lenders can give you anywhere from $45,000 to $50,000. 
• Lower Interest Rates: You can enjoy interest rates as low as 5% with title loans if you have a good credit score. Even those with less than stellar ratings can secure rates in the single digit. This is a far cry from credit cards with interest in the double digits. 
• Predictable Payment Schedule: Car collateral loans have a fixed interest rate and payment deadline. You know how much you’ll pay and for how long. This gives you the chance to work on your budget or plot your finances. 

Lowest Interest Rates You Can Find

Canadian Equity Loans will help turn your car’s title into cash. You can borrow as much as $50,000 without worrying about credit checks or employment requirements. We offer low-interest rates and loan terms of up to six years. We also accept early payouts without penalties. Log on to our website to apply or call our toll-free number at 1-844-586-6311.

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