How Car Title Loans In Kelowna Are Better Than Payday Loans


In today’s world despite managing our finances very well but we all get through times when we need quick cash for meeting our commitments well in time. During these situations when we are in hurry to get cash without much effort, these two type of loans i.e. car title loan and payday loan are available which suites these type of situation very well. We at EquityLoans Canada which is one of the leading brand names deals in car title loans along with great customer experience as we provide vehicle title loan with same day approval and cash disbursed without keeping your car which means you are going to get quick cash with very fewer formalities along with keeping your car with yourself. Now for easy car title loans, if we have to choose among these two options, we should be aware of these two options and which one is better and why? Out of these two options car title loan is the one you must choose from as:

1.    A payday loan is being provided to you at higher APR (Annual Percentage Rate) as compared to Vehicle Title Loan and APR  of Equity Loans Canada is also cheaper than most of the companies.
2.    Car Title Loan is given for longer duration as compared to the time horizon of a payday loan.
3.    Less paperwork in equity title loan as compared to that in case of a payday loan.
4.    In case of payday loan which is provided to you after taking post-dated cheques which is not in the case of car title loan as you are getting your car too on account of which loan is being provided.
5.    Chances of getting higher loan amount in case of equity title loan are much higher than the amount of loan provided under payday loan.
Now you are the only one which is going to take a wise decision. Equity Loans Canada is having a very large network all over Canada and you are going to get a branch of Equity Loans Canada in Kelowna, and after completion of the minimum number of formalities, you are having an option of getting entire loan amount in hard cash or getting directly credited to your bank account within the same day for sure.


Now comes easy steps of getting this car title loan;

1.    Visit our website and fill the quick online application or call us.
2.    Provide the necessary documents.
3.    Get your cash at the nearby location in Kelowna.
4.    Keep your car.
You can call us at our toll-free number 1-844-567-7002 for more details. One of our loan representatives will contact you as soon as possible.



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