10 key questions to ask when choosing car title loans Nanaimo
Car title loans in Nanaimo can help get you the money you need when you're strapped for cash. If you have a vehicle, you have access to quick money. Using your vehicle as collateral gives you fast access to funds without having to put up with banks. But before you choose a car title loan, ask some questions. This guide outlines 10 essential questions and answers to help you make the right choice. 1. What is a car title loan, and how does it work? A car title loan is a short-term loan in which you can use the title to your vehicle as collateral. You can keep your vehicle while the lender holds the title of it as collateral. The amount you get depends on the value of the car; you will usually get 50% to 75% of its value. As no credit check loans are often approved, this option may be very helpful if you have bad credit. 2. How quickly can I get the funds? Normally funding with car title loan Nanaimo is same-day approved and released. Thanks to quick approval process...