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Nothing ruins a day faster than getting in your car and finding it won’t start. If you don’t have enough money, you might ask your mechanic for a quick fix. But this place both you and your car at risk. An Auto Car Loan Halifax can help with your car’s repairs and keep you safe.

Can I Use a Title Loan for Car Repairs?

Car owners who don’t have enough cash to get their vehicles repaired either borrow money from their friends or relatives or make do with simple repairs until they’ve saved enough cash. They usually forget that they can also use title loans to fix their cars. This secured loan is a good option since your car will remain in your possession even while the loan is active.

And while you will pledge your car as collateral, the lending company only requires the vehicle’s title in exchange for money. The lender will keep a lien on it during the contract period. Once the loan has been repaid, the lender will organize for the lien to be released and the title returned to the owner.

There are also several advantages to getting car title loans. One is the fast processing of applications. With the collateral and fewer requirements, lenders can give their approval within the hour. The funds can then be released in around four hours. You also don’t need a good credit score to qualify for this loan.

Number One in the Industry

Get the cash you need with Canadian Equity Loans. You can borrow as much as $100,000 without undergoing credit or employment checks. The company also offers low-interest rates and flexible payment plans. Log on to their website to apply or call their toll-free number at 1-844-586-6311.

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