Car Title Loans At 70% Lower Interest Rates

Pay Off Your Car Title Loan with Your Tax Return

Bad Credit Personal Loan Services – Dutton Ontario

You took out a car title loan because you needed cash fast. Not only did you appreciate the fast service you received, you loved the fact that there was no credit check. By using the title to your car, truck, van, SUV, RV, or motorcycle you were able to borrow as little as $1,000 and as much as $25,000.

Whether your car title loan covered an unexpected expense, paid for a home remodeling, bought a fabulous vacation, or helped you start a new business, it was great to have the cash you needed.

What Are You Doing with Your Tax Return?

Now that tax time has rolled around again, you may be wondering what you should do with your tax return. Just like with a car title loan, it feels good to get a lump sum of money that you can do anything with.

Some people put their tax returns in a savings account. Others treat themselves to something nice. To stay on budget and financially responsible, you should consider paying of your car title loan early. And here’s why.

Car Title Loans Have No Prepayment Penalty

That’s right! Car title loans have no prepayment penalty. That means you can pay off your car title loan at any time. We appreciate your business and we look forward to serving your car title loan needs in the future. That’s why we are happy to allow you to pay off your car title loan early.

Why Pay Off Your Car Title Loan Early? Dutton Ontario Bad Credit Loans

Instead of remembering to make your monthly loan payments and worrying about late fees, by paying off your loan early you can relax. But perhaps the biggest reason to pay off your car title loan early is the savings. The earlier you pay off your loan, the more money you save.

Each month your loan payment is made up of principle and interest. That means that part of your payment reduces the amount you owe, and the other part of your payment covers the interest is applied to what you owe. So every month when you make a payment, you are only reducing the amount you owe by a portion of your payment.

By prepaying your car title loan, you eliminate the interest that gets tacked on to your monthly payment. Let’s assume you took out a car title loan for $25,000 for a term of 2 years. If you pay off your loan in less than a year, you will save thousands of dollars in interest.

Prepay Your Car Title Loan Today

If you are considering paying off your car title loan, contact one of our friendly representatives Real Car Cash Dutton Ontario at 1-877-304-7344. They’ll help you understand what you need to do to save money by prepaying your car title loan.

Car Title Loans Specialist

Call us at 1-877-304-7344

1) Our payment are as low as $97 per month

2) During the loan, you get you keep your car

3) You can pay out your loan anytime without any

penalties

4) Your can borrow up to $25,000 depending on the value of your vehicle

5) You can choose a 1 year or 2 year term loan.