Jan 28, 2016

Not a Quick Solution…A Snap Solution. Why Get Loan Approved is Your Spot for Kelowna Title Loans

Avoid predatory lending when looking for Kelowna title loans.

At Get Loan Approved, we understand the hesitancy that comes with finding a trustworthy lender. With a number of predatory lending businesses that prey upon those seeking a loan, we suggest shopping around when looking for Kelowna title loans. We want our customers to be educated on the dangers of predatory lenders so that they know why Get Loan Approved is different. We treat all of our customers like family, and will work with you to find a vehicle title loan that works for you. How are we different from those loan sharks out there?

Kelowna-Title-LoansSharks Aren’t Us: Kelowna Title Loans Without Fear of Predatory Lending

Predatory lenders…

…are loan companies that want to catch their customers in a vicious cycle of fees. Through coercion and deception, the borrower accepts unfair loan terms that they often can’t afford. Under these terms, the lender benefits while the borrower racks up debt. Predatory lenders often target minority populations, and especially those that are in dire need of a loan. This is because the more financially dependent a borrower is on the lender, the more the lender will benefit financially from their misfortune.

Predatory lenders are just that: predators that know how to trick customers into unmanageable debt. But loans do not have to be detrimental to your life. That is why Get Loan Approved is committed to not just avoiding predatory practices, but to treating all borrowers as our neighbors. We want to help you find Kelowna title loans that will get you back up on your feet and reaching your goals in no time.

At Get Loan Approved, we follow the terms of British Columbia’s responsible lending act (Personal Properties Security Act, found here). Unlike predatory lenders that use excessive interest rates to trap borrowers in debt, we have interest rates that are up to 70% lower than the competition. And unlike short term payday loans that require reimbursement by your next paycheck, Get Loan Approved has 2-5 year repayment plans.

Here’s how Get Loan Approved works: regardless of your credit, we can offer you a car title loan as long as you own a car that is in your name and has been paid off. We will determine the amount of your loan based on the value of your car, and you will walk away with cash and your car the same day! Depending on the payment plan, you will be required to pay back the loan, along with our competitively low interest rates, over a period of time. No deception or coercion involved, because we are committed to building a relationship with our customers through honesty in all of our transactions.

If you want trustworthy Kelowna title loans that have your best interest in mind, give us a call today!

Kelowna Title Loans | Title Loans Kelowna