Title loans are a great help for those who need quick cash. They’re also a godsend for people who are currently unemployed or who have poor credit scores as they can secure a much-needed loan. While there are thousands of legitimate lenders out there who are willing to help, it’s a sad fact that there are also thousands who would take advantage of other people. You should learn how to protect yourself if you want to avail of cash for car Burnaby British Columbia loan.
2 Ways to Protect Yourself from Title Loan Frauds
You should always take steps to protect yourself against fraud in every financial transaction you make. Here are two suggestions on how to do it:
- Don’t accept unsolicited emails or phone calls. There’s no need for you to open emails from unknown people or companies. You shouldn’t click on any links sent by people you don’t know (or even from those you do) as you might fall victim to phishing. Unexpected calls and emails are standard tricks of cybercriminals.
- Cut all contact when they ask for upfront payment. Legitimate lenders will never ask for advance payment for insurance or processing purposes. They also would never ask that you send the money via Western Union or other online payment platforms as these are hard to trace. If a car pawn loan company asks you for payment in advance, it’s time to step back and cut all ties.
The Best in the Industry
You are guaranteed to be working with the best and the brightest in the industry when you choose Canadian Equity Loans. They are committed to helping you by offering loans as high as $50,000. They also have the lowest interest rates and the best customer service around. Their fast approvals mean you can get your cash in an hour or less. Log on to their website to apply or call their toll-free number at 1-844-586-6311.
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