Dec 23, 2015
Alternatives to traditional bank loans that disregard credit scores
If you’ve ever tried applying for a traditional bank loan, you probably know how important credit scores are. If you have a poor credit score, chances are you’ll be turned down for a bank loan. However, there is some good news. Equity loans are available for people with poor credit scores.
Your car’s equity is your key to a loan
If you own a car, you’ve got access to funding. Car loans let you take out a loan where the maximum loanable amount depends only on your car’s equity. Your car’s true market value can be easily determined by loan experts based on factors such as its year, make, model, mileage, and engine condition.
Highly customizable loan terms and payment plans
When you apply for a car loan, you won’t have to worry about high interest rates and inflexible payment terms. Car loans offer highly customizable loan terms and extremely flexible pament plans to make life easier for you. With low interest rates and extremely long loan terms, you won’t need to worry about going over the budget during the entire term of the loan.
Drive your car home after making the loan
You won’t need to give up your car when you apply for a car loan. Even upon approval, you’ll still be able to use your car normally throughout the entire term of the loan.
With Canada Loan Shop, you won’t have to worry about going over your budget at any point during the entire loan term. That’s because we offer extremely low interest rates, long loan terms, and flexible and customizable payment plans to suit your every need and preference. Call us now at our toll-free number 1-844-572-0004 or apply online.