Getting approved for a loan is easy when you apply through bad credit loans Surrey BC
Applying for a traditional bank loan can prove to be a very tedious and time consuming process. In order to be approved for a bank loan, you will need to acquire and submit a myriad of documents in order to prove that you are financially capable of paying off your loan. You will also need to undergo a mandatory credit check to determine your credit history and credit score. Overall, the processing period for a bank loan typically lasts a few weeks to over a month. If you don’t have the time or the patience to go through the entire process of applying for a traditional bank loan, you should try applying for a loan through bad credit loans Surrey BC.
Why applying for a bad credit loan is more convenient than applying for a traditional bank loan
When it comes to equity loans, you will not need to undergo a credit check, nor will you need to submit a myriad of requirements in order to prove that you are financially capable of paying off your loan. Your credit score, credit history, income statement, and employment status will not affect your eligibility for bad credit loan. All you will need to apply for a bad credit loan are a fully owned car with a lien free title, a valid driver’s license, and proof of permanent residence.
Through Canada Loan Shop, you can apply for a loan regardless of your credit score simply by using your vehicle as collateral. Your maximum loanable amount will depend only on your vehicle’s true market value. To apply for a vehicle title loan today, call us at our toll-free number 1-844-572-0004 or log on to our website to apply online.